DomaCom signs integration agreement with Lonsec
Financial advisory software provider DomaCom has signed an integration agreement with Lonsec, putting DomaCom on the Lonsec platform.
The agreement will expose the DomaCom product to a broader market of advisers and superannuation funds.
"We are impressed with the level of interest among our clients who are keen for a property asset class solution, particularly in the residential space, and are excited to be one of the first platforms to integrate with DomaCom," Lonsec director Alfons Fiorindo said.
Investors can select properties online under the DomaCom fund structure in which they can invest any amount that suits them in accordance with their asset allocation for the sector.
Applications will only be approved through a properly licensed and accredited financial adviser.
Investors also have access to a liquidity facility where they can sell their units instead of relying on a redemption process, which is the current exit process for property trusts and mortgage funds.
AUTHOR
Malavika Santhebennur
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