Sectors and Holdings as at 30 September 2019

Sector allocation

Fixed / floating breakdown

Credit rating breakdown*

*Spectrum utilises a linear credit rating methodology which incorporates the lower of the two credit ratings from S&P and Moody's. For investments which do not carry a credit rating, the investment is deemed as not rated. As of 30 September 2019, 96% of the portfolio has an official credit rating from one (or both) of these agencies. Cash is rated ‘AA-‘ to reflect the credit ratings of where the cash accounts are held. The portfolio has an average linear credit rating of ‘A-'.

Top 5 Holdings

Top Five Holding %
CASH 11.5%
NATIONAL  AUSTRALIA BANK 6.7%
SUNCORP GROUP LTD 6.7%
SUNCORP METWAY LTD 5.5%
DBS GROUP HOLDINGS LTD 5.4%