Hastings High Yield Fund operates in the Investment offices sector. Hastings High Yield Fund (the Fund) invests in a range of high yield securities with an objective to provide a regular source of income by making quarterly cash distributions funded through a diversified portfolio of debt securities. Several key elements of the Fund's investment strategy are targeting investment in unlisted and unrated securities that are not otherwise readily accessible to Australian Securities Exchange (ASX) investors; investing in debt securities issued by Australian and international entities that are exposed to the infrastructure and essential services industry sectors, holding a market position, generate predictable cash flows, rank ahead of an appropriate level of shareholder equity, and share an alignment of interests with management and shareholders; and investing in debt securities that provide for potential gains flowing from re-rating, early repayment and equity participation. The Fund's investment manager is Hastings Fund Management Limited. In
our complete report available for purchase the company is compared to: Souls Private Equity Ltd, Westoz Investment Co Ltd and Linq Resources Fund.