Rivkin Securites’ Wholesale Funds are available to wholesale investors only. Therefore, Rivkin will not issue a financial services guide, product disclosure statement, or any other retail documentation in relation to this service.
In a market that feels increasingly unpredictable, many investors are asking the same question:
Where can I generate strong returns without taking on unnecessary risk?
At Rivkin, we’ve spent a lot of time thinking about how to navigate this environment, and we believe the answer lies in a portfolio that places income, liquidity, and capital protection at its core.
That thinking is what led to the development of Tactical Income, a professionally managed portfolio designed to offer equity-like returns, without the volatility that often comes with equity markets.
A more measured approach to income
Tactical Income is structured as a 50/50 blend of institutional-grade private credit funds and ASX-listed income securities, including hybrids and Listed Investment Trusts (LITs). Together, they provide a well-diversified portfolio that currently delivers a net yield of 9.5%, comparable to long-term equity market returns, but with greater consistency and lower drawdowns.
Since launching in March 2021, the portfolio has returned +31.74%, modestly behind the ASX 200’s 38.28%, but with materially less volatility. More importantly, it has comfortably outpaced the RBA cash rate (11.25%) while continuing to deliver monthly income and maintaining a disciplined approach to risk.
Disclaimer: Past performance is not an indication of future performance.
Designed for today’s market
Tactical Income was created for the kind of market we’re in now:
- Volatility is rising, driven by global uncertainty and shifting interest rate expectations
- Equity markets remain choppy, prompting many to revisit their asset allocation
- Income is attractive again, but not all income sources are created equal
In this context, a diversified strategy with a clear risk framework becomes even more important.
How the portfolio works
What sets Tactical Income apart is the strength of its structure:
- Private credit: offers enhanced yield, monthly liquidity, and robust lending standards
- ASX-listed income securities: including hybrids and LITs, which provide daily liquidity and reliable distributions
Together, they deliver not just income but also a balanced liquidity profile, underpinned by a clear, risk-aware investment framework.
We partner with managers who have a proven track record through multiple market cycles, and we select assets with:
- Strong covenants
- Floating-rate structures
- High-quality counterparties
On the listed side, we favour issuers with resilient business models, healthy balance sheets, and a demonstrated commitment to protecting investor capital.
More than just yield
This isn’t just about income. It’s about peace of mind in an uncertain environment.
If you’re considering ways to reduce your equity exposure, stabilise income, or position your wealth more defensively, Tactical Income may provide the kind of flexibility and consistency you’re looking for.
We’re always here to help if you’d like to learn more or explore how it might complement your broader strategy.
Access to Wholesale Investor Content
- Asset Test: You have net assets of at least $2.5 million
- Income Test: Gross income of at least $250,000 per annum over the past two financial years
- Professional Investor: You hold an Australian Financial Services Licence (AFSL) or control assets of at least $10 million.
I meet the criteria outlined above and understand that the information provided is intended for wholesale investors only.
I do not meet the criteria and understand that I cannot proceed further.
