Daintree launches NZD option

Daintree Capital is launching an NZD unit class for its Core Income Trust.

It said the move came in response to growing adviser demand.

Designed to deliver a net performance of the RBA cash rate plus 200 basis points, the Core Income Trust has consistently met its performance objectives.

Founding Daintree Capital Director Mark Mitchell said: “On one of our recent trips to New Zealand we discovered a significant appetite from advisers seeking a diversified portfolio of global debt, that provided higher returns, better liquidity and greater diversification benefits than a single term deposit.”