BetaShares launches Australian equities fund

29 November 2012
| By Staff |
image
image
expand image

BetaShares has announced the launch of a new product - the BetaShares Australian Top 20 Equity Yield Maximiser Fund.

The company said the new product was designed to provide investors with exposure to a portfolio of 20 blue-chip Australian shares, while providing an attractive income yield, paid quarterly, that exceeds the dividend yield of the portfolio of underlying shares alone.

It said that, in addition, the fund aimed to provide lower overall volatility than the underlying share portfolio alone.

Commenting on the new product offering, BetaShares head of investment strategy Drew Corbett said the so-called YMAX would provide investors with the potential to substantially enhance the yield on a portfolio of blue-chip Australian equities.

"The feedback we are hearing from investors and advisers suggests there is strong demand for equity strategies that deliver attractive, regular income distributions combined with less volatility than traditional equity portfolios," he said.

"The YMAX Fund now offers a simple way for investors to access an income strategy that can deliver enhanced yield but also has the opportunity for some capital appreciation."

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS