On the 29th March Treasurer Josh Frydenberg delivered his fourth Budget, with an election on the horizon Frydenberg says the Budget delivers immediate relief to the cost of living, a long-term economic plan that creates jobs, record investments in essential services and stronger defence and national security.
NAB has announced the completion of its $2.5bn on-market share buy-back. In addition, it has also announced a further buy-back of up to $2.5bn. The total combined size is therefore $5.0bn.
In the latest ETF Report we discuss how including global real estate securities may enhance risk-adjusted returns, minimise volatility due to the lower correlations with other asset classes, and create a yield uplift on the aggregate portfolio level.