Beacon approves DomaCom Fund


Beacon Financial Group has announced it will add the new DomaCom fractional property Fund to the Beacon approved product list (APL).
According to the announcement, the Domacom fund is an intermediated property investment vehicle targeting independent financial advisers. It will enable investors to choose the properties they want to invest in, that were previously difficult to access because of high costs.
The fund provides direct property exposure and allows investors to spread their asset allocation across multiple properties to achieve the right blend of yield and capital growth for their portfolio along with diversification, the primary risk mitigation strategy, the statement said.
"IFAs such as the Beacon Financial Group are our target market because the fund caters for their business model as well as providing a foil to the property marketers who until now have been picking off investment clients wanting some property exposure," DomaCom chief executive Arthur Naoumidis said.
"These firms are able to adapt quickly to new opportunities, to adopt protective strategies for their clients and in this case for their business, against predatory property spruikers," he said.
DomaCom have launched an accreditation program with CPD points which advisers are required to complete in order to use the fund.
Recommended for you
Investment strategist Anthony Doyle has returned to Pinnacle in a senior role, less than two months after leaving to join Schroders as an investment director.
With Q1 of the 2025 calendar year coming to a close, the Australian funds management industry has seen a range of major appointments and departures.
Nearly half of wealth managers across the globe say offering access to private market funds is integral to their growth plans, Natixis Investment Managers has uncovered.
Boutique fund manager and responsible investment specialist Pella Funds Management has expanded its offering by allowing direct access to investors in New Zealand for the first time.