A more evolved way for stable monthly income

Income investors often use local ‘blue-chip’ stocks in their strategy. But not only is this getting riskier, an evolving market is presenting more sophisticated options. Global investment manager Neuberger Berman, a A$411 billion asset manager based in New York, will soon list the NB Global Corporate Income Trust on the ASX. This product will enable Australians to invest in about 250-350 names across the major global high yield markets. This asset class can provide a similar return profile to equities but with lower volatility, and is traditionally more resilient in a rising rates environment. Read on to learn how to access a product that aims to generate stable income on a monthly basis from a globally diversified high-yield portfolio.