price slide, page-147

I know there is a lot of complaints about the type of instruments PXUPA is , but if you want 2% + distributions above what a term deposit pays , you need to understand the difference in the security of the income and capital .

Wasnt that long ago when Estate mortage, Pyramid , and the numerous property secured syndicates failed .

You can also get an infewrrd yield of 10% on QBE 3 weeks ago, now the downgrade arives and .......... the reality is that inferred yield came at a price .