ttxpa instead of hdf

I had a look at this forum only recently and I see very little mention of HDF. I suggest you can forget about HDF and focus on TTXPA. This has confirmed 55% PER ANNUM (yes, PER ANNUM) return to July 2010.

Do the numbers; Buy at 65 today, receive a coupon of 2% over BBSW times $100. Yield should be calculated over the $65 of course... PLUS receive $102.56 worth of shares or $100 cash in July 2010. This works out at a rate o return of around 55% PER ANNUM.


This ranks ahead of HDF. I doubt you could get 55% PER ANNUM return from the equity.