Trustee Partners approves DomaCom for retail super
Trustee Partners, which offers trustee solutions for clients with superannuation and managed investments, has approved DomaCom Fund as an investment option for their superannuation fund.
Under the terms of a deal, DomaCom would join Trustee Partners’ list of managed funds and would provide access to Australian residential, commercial and farmland property delivering further diversification.
Trustee Partners’ chief executive, Andrew Peterson said the move would enable financial advisers to create their own white labelled retail super offerings which would include direct property using the DomaCom solution and Trustee Partners.
DomaCom’s chief executive, Arthur Naoumidis stressed: “Accessing retail super is another significant first for DomaCom, further broadening our potential in the retail space.
“Most advisers have a significant proportion of their clients in retail super who have not been able to access the DomaCom Fund until now.
“For those interested in investments with impact we can also offer affordable housing, energy and other socially responsible investments.”
AUTHOR
Oksana Patron
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.
