BetaShares managed risk funds FUM exceeds $200m

BetaShares/FUM/

26 May 2016
| By Anonymous (not verified) |
image
image image
expand image

The strong demand for BetaShares "managed risk series' of exchange traded funds (ETFs), pushed its funds under management (FUM) to over $200 million, according to the fund manager. 

BetaShares said the series of three managed risk funds was developed as investors and advisers wanted exposure to capital and income returns, while they were concerned about the risk of losses during "significant market declines".  

The funds included BetaShares Australian dividend harvester fund (managed fund), BetaShares managed risk Australian shares fund (managed fund), and BetaShares managed risk global share fund (managed fund).  

The BetaShares Australian dividend harvester fund (managed fund), the longest running managed risk fund at BetaShares, delivered a distribution yield (paid monthly) of 12 per cent, which compared to the yield of five per cent from the S&P/ASX 50.  

The success of the series of funds aligned with the high profile growth of the ETF industry, which hit an all-time FUM record of $21.9 billion in April, according to BetaShares.

Read more about:

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?...

5 months 1 week ago

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

5 months 1 week ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

3 days 7 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5