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(Another) New Doughnut Product

Discussion in 'Managed Funds & Index Funds' started by DaveA, 5th Nov, 2007.

  1. DaveA

    DaveA Well-Known Member

    Joined:
    19th Feb, 2007
    Posts:
    617
    Location:
    Sydney, NSW
    I know people have been down the path with Macq before and are very unimpressed. However has anyone heard of the new Credit Suisse PL100 Emerging Markets Infrastructure Development Trust. Its being marketing by Macq however i think its controlled by Credit Suisse...

    I noted in the fact sheed.
    Im guessing this may mean it will be listed on the ASX... Interest rates are reasonable....

    Anyone have anyone opinions of this???
     
  2. DaveA

    DaveA Well-Known Member

    Joined:
    19th Feb, 2007
    Posts:
    617
    Location:
    Sydney, NSW
    seems to be going to list under the asx code of CSU.... on or about the 19th December.... 2.4%pa in fees, so it really needs to make 11%pa just to break even....


    It says CBA is a leading manager but cant find anything about it on their website... Would much prefer to deal with them than Macq
     
  3. bundy1964

    bundy1964 Well-Known Member

    Joined:
    22nd Dec, 2006
    Posts:
    351
    Location:
    Adelaide, SA