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THThe Kapstream Investment Trust has listed on the ASX with the ticker code of KIT. The investment strategy of the Trust is to invest predominantly in a diversified portfolio of investment grade Australian and global fixed income securities and Australian private asset backed securities. The proceeds of the Trust’s IPO raise will initially be invested in three of the Investment Manager’s funds. The Trust aims to provide regular distributions to its unitholders, targeting a pre-tax, net of management fees return of RBA Cash Rate + 3.50% per annum.
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