Gryphon Capital Income Trust (AU:GCI) has released an update.
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Gryphon Capital Income Trust has announced updates to its investment guidelines, allowing for increased flexibility in investing in Asset-Backed Securities (ABS) in response to evolving market dynamics and opportunities in the Australian ABS market. The changes, which will be implemented from September 16, 2024, include adjusted investment concentrations and the adoption of new guidelines to ensure prudent exposure to various asset classes and issuers within the Trust’s portfolio.
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