Global quantitative asset manager, Capital Fund Management (CFM), has announced the addition of its Institutional Systematic Trust, part of its alternative beta fund range, to the IOOF platform.
CFM head of Asia Pacific, Steve Shephard, said the trust aimed to fill the gap as, despite growing demand for liquid alternatives, advisers and their retail clients were still struggling to access these strategies.
In addition to its listing on the IOOF platform, the trust was already available on seven other major platforms: Macquarie Wrap, Netwealth, Colonial First State, BT Financial, Hub 24, Mason Stevens and Powerwrap, the firm said.
“With its objective of providing long-term capital appreciation via returns that aim to be uncorrelated with traditional asset classes, the CFM ISDiversified program may answer this need,” he said.
“We are really pleased that more advisers can now access a diversified portfolio of investment strategies to be de-correlated from traditional equities, thanks to the addition of the CFM ISDiversified Trust to the IOOF platform.”
The trust has also a “recommended” rating from both Lonsec and Zenith and is distributed in Australia through Winston Capital Partners.
