AMP adds ETFs to APL
Van Eck Australia has had two of its exchange traded funds (ETFs) products added to the AMP Financial Planning approved products list (APL).
The company said that AMP had added its Market Vectors Australian Equal Weight ETF and its Market Vectors Australian Banks ETF to the APL.
Commenting on the inclusion of the two products, Van Eck Australia director of institutions and intermediaries, Matthew McKinnon said there had been increasing demand from financial advisers for the company's ETFs.
He said that while there were other Market Vectors ETFs on the AMP-owned North Platform, MVW and MVB were the first Market Vectors ETFs to be approved for AMP's APL.
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