Hunter Hall to launch super fund
Boutiquefunds management house Hunter Hall is preparing to launch a new ethical superannuation fund to capitalise on the growing popularity of its series of investment trusts.
The Hunter Hall Ethical Superannuation Fund, expected to be officially launched within the next month, will invest directly in the group’s three existing investment trusts — the Value Growth Trust, the Hunter Hall Global Ethical Trust and the Hunter Hall Australian Value Trust.
Hunter Hall chief executive David Buckland says the new superannuation fund will target younger investors with an interest in socially sustainable investments.
Preparations for the launch of the new superannuation fund come as Hunter Hall’s newest trusts, the Global Ethical Trust and the Australian Value Trust, are about to be added to the investment menu of the Asgard and Flexiplan master trusts.
The move follows the acceptance of the trusts, both currently managing about $13 million after being launched last November, onto the investment menu of both the Macquarie and BT master trust platforms earlier this year.
Plans for the launch of the super fund come on top of the stellar performance of Hunter Hall’s flagship Value Growth Trust, which will not be offered through master trusts.
The fund, currently at $325 million, returned 26.4 per cent in the 12-months to the end of December 2001.
Recommended for you
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
The ETF provider has flagged a number of developments as it formally enters the superannuation space through a major acquisition.
While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties.
Iress has appointed Insignia Financial’s former general manager of master trust and insurance products as its newest CEO of superannuation, who will take over from Paul Giles.
