Cameron Gleeson

Well, so I wanted to provide something that was really going to focus and target that income.

Now, HYLD will give you a good uplift on the overall, you know, broad Australian equity market.

HYLD is our BetaShares Australian Shares High Yield ETF.

Yeah.

So it holds a basket of stocks that provide really strong dividends and has some really good screens to try to avoid the risk of dividend traps, which is something you've got to be mindful of investing in dividend stocks.

But having that covered call overlay means that YMAX will typically give you a much higher yield than even HYLD.

So HYLD probably gives you about a 30% uplift on the yield of the broad market, typically.

In this, you're talking about over 100% uplift.

It's more income.

So that portfolio I've described really is focused on solving the income issue.

No, I'm going to be focused there and super can do its job in building that growth.

As I said before, you've got super, which you can look at allocating more to global within super.

You don't have to just think of each bucket of money in isolation and think of how do I diversify across that.

You can think about the fact that you've got essentially all of those assets and diversify in that regard.

Now, income, we see that both in fixed income or credit and in equities, Australia tends to provide

probably on average higher yields than most places around the world.

I don't think there's any market apart from the UK that offers the income that our equity market offers.

So that's the sort of where I focus and take from the strengths of the Australian market.

Also thinking about obviously those tax outcomes that you get.

So I thought that was the way I'd look to play that.