FXJ will benefit from broadband rollout.
repricing of FXJPB as follows:
- buy at 56
- basis BBSW 3.5%
- assume cash redemption 30 April 2011
- yield to maturity is 47% PER ANNUM
Sensitivity to later payout dates:
30 Apr 2014 gives 26.3% PER ANNUM
perpetual yield without capital gain=13% PER ANNUM
Looks like good value?
