Asgard finetunes Elements platform
Asgard Wealth Solutions has added four new funds to its Elements mini master trust, allowing “both aggressive and defensive investors to respond to ongoing market volatility”.
The four new funds are the BlackRock Wholesale International Bond Fund, Goldman Sachs JBWere Australia Quantitative Equity Fund, Schroder Global Emerging Markets Fund and the UBS Cash Fund.
They bring to 64 the total number of funds on the Elements platform, which was launched in 2004, provided by 24 representative fund managers.
Acting general manager of product Lisa Chadwick told Money Management the new funds will “ensure the Elements menu offers advisers a simple, well—priced product with a completeness of menu in these volatile markets.
“It now contains a particular mix of funds that give both the defensive and the aggressive investment opportunities advisers are looking for when they devise strategies for their clients.
“In addition, the new funds, all of which have been rated by Standard & Poor’s, provide advisers with investment options that were not previously on the platform,” she said.
BlackRock Wholesale International Bond Fund aims to outperform the Lehman Global Aggregate 500 Index (A$ hedged) by 1.5 per cent per annum (before fees) over rolling three-year periods.
The Goldman Sachs JBWere Australia Quantitative Equity Fund (AQE Fund) is a long-only fund that combines quantitative and fundamental approaches to deliver enhanced investment results.
The Schroder Global Emerging Market Fund is an actively managed fund with a portfolio significantly different from the benchmark.
The UBS Cash Fund is a well-established fund that continues to generate gross benchmark returns with competitive fees. UBS is a well-respected and renowned fixed interest manager with extensive expertise.
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