Copia’s fund added to Hub24 and FirstWrap
Veritum Asset Management has announced that its Equity Income Fund has been added to Hub24 and FirstWrap’s IDPS and superannuation menus.
The fund was designed for investors looking for lower-risk equity market exposure, such as retirees, with an aim to invest in Australian companies that had potential to generate reasonable capital growth, but with less risk, the company said.
Vertium’s chief investment officer and founder, Jason Teh said: “We’re delighted financial advisers will now have access to the fund via both Hub24 and FirstWrap.
“We think there is an unmet need, particularly in servicing retirees in the decumulation phase, and believe our triple-objective approach gives advisers the opportunity to offer their clients the potential to achieve superior investment outcomes in the lead-up to and during retirement,” he said.
The fund also received a ‘recommended’ rating from research house, Lonsec, last year.
Chief executive of Vertium’s parent company, Copia Investment Partners, Sam Baillieu said: “It is a great result for Vertium to follow up their recommended rating with the fund’s inclusion on the Hub24 and FirstWrap platforms well within their first year of business.”
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