Join our investing community

New ASIC investor guide on debentures

Discussion in 'Investing Strategies' started by Nigel Ward, 23rd Apr, 2008.

  1. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    Here at InvestEd we've advised caution on various debenture products some time before the collapse of Westpoint, Australian Capital Reserve and others. See here:

    http://www.invested.com.au/79/debenture-stocks-113/

    http://www.invested.com.au/3/acr-administration-14269/

    For those who may still be interested in these kind of high-yielding products ASIC has produced a guide for investors. You can find it here.

    http://www.asic.gov.au/asic/pdflib....e/Debentures_Investor_Guide_23_April_2008.pdf

    Particularly in the current higher interest rate environment I'm not sure why these kind of products would be worth investing in...however, horses for courses.