Equity Mates Investing Podcast

Think beyond dividends: Income options for all investors with Tom Wickenden

12 snips
Mar 19, 2026
Tom Wickenden, investment strategist at Betashares who builds income ETFs, explains modern income options beyond bank dividends. He walks through dividends, bonds, REITs, royalties, leveraged credit and options overlays. Short, practical takes on ETF jargon, geared credit mechanics and how to assemble an all-weather income portfolio.
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ANECDOTE

Tom's Painful First Trade With Advanced Zintec

  • Tom's first investment was a small-cap called Advanced Zintec recommended by a colleague and it fell ~88% to today.
  • He cut losses at ~20% and says learning passive ETFs after that improved his approach.
ADVICE

Always Inspect ETF Strategy Not Just Its Name

  • Do look under the hood of ETFs instead of relying on names because complex strategies were historically institutional-only.
  • Tom warns options overlays and many niche strategies previously ran in hedge funds and only recently became retail-accessible via ETFs.
ADVICE

Ways To Replace Winding Down Bank Hybrids

  • If replacing bank hybrids, consider subordinated debt, floating-rate corporate bonds or active enhanced credit ETFs.
  • BetaShares built ECRD to mimic hybrid yield and volatility using investment-grade corporate debt, though it forgoes franking credits.
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