SGF added to mFund platform
The Brisbane-based Strategic Global Fund (SGF) is now open for investment via the Australian Securities Exchange (ASX) mFund platform.
The fund was designed to offer investors the ease of buying and selling units directly through any mFund-participating broker, with a minimum $20,000 investment, the firm said.
According to SGF, prior to its launch, the structure had a 10-year track record operating as a wholesale fund with an average year-on-year return of 18.45 per cent per annum since inception in 2008.
SGF’s chief executive, Rob Knight said that the initial response from brokers and financial advisers seeking access to the fund through mFund was positive.
“We see a strategic advantage with the mFund considering the ease of use of the facility and that it provides an additional platform opportunity for brokers and planners to utilise the SGF,” he said.
AUTHOR
Oksana Patron
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