DNR Capital’s fund added to three platforms
The DNR Capital Australian Equities Income Fund has been added to three platforms and will be available to financial advisers via Macquarie Wrap, Netwealth and HUB24 platforms.
The fund is managed by chief investment officer, Jamie Nicol and Portfolio Manager Scott Kelly, and holds a portfolio of Australian companies with an aim to provide income seeking investors with a growing dollar income which is becoming more important in the current low interest rate environment.
It has generated strong performance since its inception in March 2020 to 30 September 2020, having outperformed the S&P/ASX 200 Industrials Accumulation Index by 7.78%, the firm said.
“We expect the appeal for this Fund to grow in the current economic environment. A high conviction Fund, focused on sustainable and growing income generation, will increase the compound total return over time and will no doubt be attractive to retiree investors,” Kelly said.
Performance of DNR Capital Australian Equities Income fund versus index over the six months to 30 September 2020
Recommended for you
Pinnacle remains a “standout” fund manager, according to Morningstar, amid a challenging backdrop for active asset management and the addition of a new global equities affiliate from the UK.
Platinum Asset Management saw outflows of $1.65 billion in April, partly as a result of redemptions from institutional mandates and product rationalisation initiatives.
In this latest Meet the Manager profile, Money Management speaks with Ophir Asset Management co-chief executive Andrew Mitchell.
There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney tonight.