Yield-seeking investors, such as SMSFs, have different income requirements compared to other investors, says Max Cappetta from Redpoint Investment Management talking to Ausbiz TV.
While the unprecedented fiscal and monetary policy settings, aimed at effectively hibernating the economy through the past year, is well and truly reflected in share prices, some corporates have so far been more conservative and held back on dividend payments. Max says this conservatism in pay-out ratios has been a double hit for self-funded retirees, who have also seen interest payments on cash deposits cut at the same time.
The views expressed are her own and do not consider the circumstances of any investor.
