Ausbil recommended by Lonsec


Research house, Lonsec has granted the Ausbil Dividend Income Fund with a ‘recommended’ rating.
The fund, which was designed to primarily invest in S&P/ASX 200 companies, was recognised for being ‘true-to-label’ and an inclusion on most approved product lists (APLs) and its ‘well-resourced and demonstrated good breadth of investment and dealing skills’.
Portfolio manager, Michael Price, said the fund offered the opportunity for income investors such as self-managed super funds (SMSFs), those approaching retirement and retirees to diversify from traditional sources of income, such as fixed income and term deposits, towards the more attractive yields available in equities in this low rate environment.
“With an active dividend approach we are able to generate monthly distributions rather than half-yearly. This benefits investors seeking regular income who may have hesitated at the traditional half-yearly structure of distributions,” he said.
“In this low rate environment, and with people living longer in retirement, investors need diversified and higher income sources, with the potential over the long-term for capital to grow.”
Ausbil Active Dividend Income fund performance v sector and benchmark year to 31 July 2019
Recommended for you
Lonsec and SQM Research have highlighted manager selection as a crucial risk for financial advisers when it comes to private market investments, particularly due to the clear performance dispersion.
Macquarie Asset Management has indicated its desire to commit the fast-growing wealth business in Australia by divesting part of its public investment business to Japanese investment bank Nomura.
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.