IOOF adds new funds to platform menu
IOOF has added 12 managed funds to its key investment platforms, bringing the total number of funds on offer to more than 100 funds.
Offerings from CFS, Challenger, Goldman Sachs JB Were, Perpetual and Perennial are among the new funds on the company’s Pursuit Select, IOOF Portfolio Service and LifeTrack platforms.
The new funds offer clients exposure to internal gearing options, quantitative or thematic style management, emerging funds, concentrated portfolios or income yield-focused products.
Senior research manager Paul O’Connor said a “key consideration of the platform review was to ensure the list offers best-of-breed options to advisers”.
“We are confident our investment menu now provides advisers and investors with the best options to create a diversified portfolio,” he said.
“It complements our product offer, demonstrates confidence in the performance and ratings of the fund managers we offer, and is responsive to any emerging investment trends.”
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