MST Financial is pleased to announce that the Sandstone Income Portfolio (SMA) is now available on the Macquarie Wrap platform.

Co-managed by Cameron Duncan and Steve Anagnos, the Sandstone Income Portfolio offers income-focused investors exposure to Australian Financial Capital Securities, including Hybrid Securities and Subordinated Debt.

The Sandstone Income Portfolio has been awarded a 4-star “Superior” rating (“Suitable for inclusion on most APLs: High Investment Grade”) by independent research house, SQM Research.

The Sandstone Income Portfolio provides timely professional investment management to navigate the changing bank capital security landscape arising from APRA’s decision to phase out the use of AT1 capital instruments and replace them with subordinated debt by 2032.

We thank the Macquarie Wrap team for their support in adding the portfolio to the platform in such a short space of time.

If you would like details on the Sandstone Income Portfolio or would like a copy of the SQM Research Report, please contact our Investor Services team on +61 2 8999 9961, or [email protected], or through our website www.mstfinancial.com.au.