Prime Value fund makes it to BT Wrap
Boutique Australian equities manager, Prime Value Asset Management has succeeded in having its concentrated Prime Value Opportunities Fund listed on the BT Wrap platform.
The outcome was announced by Prime Value Asset Management head of distribution Jake Ireland who said the product was a concentrated portfolio of equities and offered unique capital protection mechanisms, including the ability to allocate up to 100 per cent holdings in cash during turbulent times.
“The Opportunities Fund holds between 10 and 30 stocks on the ASX and aims to provide absolute returns over the medium term,” he said.
Ireland claimed there was growing interest in the Opportunities Fund amongst investors and advisers.
“The concentrated approach offers a strong complement to other diversified strategies,” he said. “The ability to better respond to markets is also appealing to investors in the post-GFC climate.”
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