Cameron Gleeson

So I'm really trying to generate a strong level of income.

So today, what, cash rate's sitting at 4.35%.

Yep.

I think I can generate income around about 7%, 7.5% out of this portfolio.

Great.

And I'm not just going to do it by investing in, for example, high-yielding stocks.

I want to do this through using different asset classes and getting different sources of income.

I want to get income from fixed income, from credit effectively, because you get a pickup on cash for that.

I want to get income from dividends.

And I'm also going to get some income through a strategy known as covered call writing.

So there's three different sources of income.

I know that dividends, we can have periods where dividends sort of start to dry up.

I don't want to just depend on them.

I want to make sure I'm diversified there.

And in doing so, my portfolio is going to consist of, I'll go through the ETS, but half will be dedicated to fixed income funds.

And when I say fixed income, I should say these are exposures to fixed income as an asset class.

But they hold bonds that give you effectively a variable interest over time or their floating rate.

And that's important because it tends to mean you have more capital stability when government bonds move.

So the returns or if you like the income will go up and down with the cash rate, but they'll pay you a premium above the cash rate.

So the first one is Coupon, which is our BetaShares Senior Floating Rate Bond ETF.