DNR Capital’s fund added to three platforms


The DNR Capital Australian Equities Income Fund has been added to three platforms and will be available to financial advisers via Macquarie Wrap, Netwealth and HUB24 platforms.
The fund is managed by chief investment officer, Jamie Nicol and Portfolio Manager Scott Kelly, and holds a portfolio of Australian companies with an aim to provide income seeking investors with a growing dollar income which is becoming more important in the current low interest rate environment.
It has generated strong performance since its inception in March 2020 to 30 September 2020, having outperformed the S&P/ASX 200 Industrials Accumulation Index by 7.78%, the firm said.
“We expect the appeal for this Fund to grow in the current economic environment. A high conviction Fund, focused on sustainable and growing income generation, will increase the compound total return over time and will no doubt be attractive to retiree investors,” Kelly said.
Performance of DNR Capital Australian Equities Income fund versus index over the six months to 30 September 2020
Recommended for you
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it will be voting against a deal to convert a Platinum LIC into an ETF.
Evidentia Group has hired a head of quantitative investments who joins the investment firm and managed account provider from AMP.