Pinnacle Investment Management Z3RO ETF (ASX:Z3RO)
The Z3RO ETF is issued by Pinnacle and managed by Omega Global Investors. Z3RO is designed to invest in short-term money market securities such floating rate notes (FLNs), certificates of deposit, cash, corporate paper and discount securities.
What does the Z3RO invest in?
Z3RO invests in floating rates, corporate paper, cash and, typically speaking, other income-producing assets denominated in Australian dollars.
What do investors use Z3RO for?
The Z3RO ETF might be used by investors to get exposure to income-producing assets that are typically quite stable. Z3RO aims to invest in a way that generates a monthly income stream, via distributions, for its investors.
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