Page 2 - Private Wealth Specialist Income (Moderate, Assertive and Balanced) PDF Factsheet

The majority of this debt is A rated investment grade credit. Teir 2 credit ranks above
Additional Tier 1 (AT1) Capital bonds such as listed hybrids and is therefore higher quality.
Subordinated debt pays coupons (interest) on a floating rate basis, with interest rates reset
periodically. Dividends are paid out from the ETF monthly.

psk.com.au

PSK Financial Services Group Pty Ltd (ABN 24 134 987 205) trading as PSK Private Wealth and Employee Representatives of PSK Advisory Services Pty Ltd trading as PSK Private Wealth are all representatives of AFS licensee, PSK
Advisory Services Pty Ltd (ABN 30 008 587 595) AFSL #234656. This document contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to
consider your financial situation and needs before making any decisions based on this information.