EQT adds another product to mFund

Equity Trustees and its investment manager partner Dundas Global Investors announced this week they had made their EQT Dundas Global Equity Fund available on the Australian Securities Exchange settlement service, mFund. 

The companies said the move brought the number of co-branded funds distributed through Equity Trustees to 15. 

The EQT Dundas Global Equity Fund invests in 60-80 leading global companies from developed and emerging markets with a minimum stock capitation of US$1 billion. The objective of the fund is to invest in stocks with high real book value growth and growing dividend income to generate greater compound returns with lower volatility. 

Commenting on the move, Equity Trustees Corporate Trustee Services head, Harvey Kalman said the mFund Settlement Service offered a number of advantages over the traditional way that investors used managed funds, and, in the case of self-managed superannuation funds (SMSFs) in particular, mFund could help with improving portfolio diversification. 

“Of the $500 billion in the SMSF pot, $200 billion is already invested through the ASX. But by investing only in ASX equities, SMSF’s have limited the diversification possibility of their funds,” he said. 

Equity Trustees was one of the first foundation members of the service and, together with its investment manager partners, Dundas, PIMCO, EQT, LaSalle and SG Hiscock & Company, offers a diversified range of funds through the service for retail investors.