DNR Capital added to BT Panorama
DNR Capital Australian Equities Income fund has been added to BT Panorama’s superannuation and investment menus.
The fund, which was launched in March last year and had returned 33.06%, seeks to invest in a selection of securities with sustainable dividend capability, strong profit-to-cash conversion and relatively assured earnings growth.
The fund has also a concentrated portfolio of up to 30 stocks, with a focus on quality companies that produce above-average income and associated franking credits.
“With the economic recovery underway and operating conditions improving, earnings are also recovering, and boards have started reinstating more generous payout ratios. Energy and financials performed best during the recent reporting season, with financials seeing the largest proportion of upgrades. As a result, average one-year forward dividend expectations rose 1.4%,” Scott Kelly, portfolio manager for the fund said.
AUTHOR
Oksana Patron
Recommended for you
Schroders has appointed a new chief executive as Simon Doyle steps down from the asset manager after 22 years.
Distribution of private credit funds through advised channels to retail investors will be an ASIC priority for 2026 as it releases the results of its thematic fund surveillance and guidance for research houses.
State Street Investment Management has taken a minority stake in private market secondaries manager Coller Capital with the pair set to collaborate on broaden each firm’s reach and drive innovation.
BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size.
