With the RBA moving away from more rate cuts, the big markets story is the end of the bond rally, the prices coming back and bond yields on the rise. Into this market, a new listed investment company or LIC is being launched this week, the Watermark Global Leaders Fund which will raise up to $110 million, offering investors a return that limits exposure to market risk.

Watermark Funds Management Chief Investment Officer Justin Braitling sat down with Ticky