BT Wrap picks up Legg Mason real income fund
Legg Mason has announced that its Australian Real Income Fund has been added to the BT Wrap platform.
Now sitting on both the InvestmentWrap and SuperWrap, the fund's inclusion reflects financial advisers' growing demand for a greater variety of investment options in the income space, Legg Mason stated.
Consisting of listed property, infrastructure and utilities, Legg Mason portfolio manager Ashton Reid said the solution avoids many of the risks of the sharemarket by offering sustainable yield, liquidity and inflation.
Since the beginning of the year, BT has added 34 funds to its wrap solution.
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