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.
Recommended for you
There is one specific risk that is a significantly higher concern for financial services directors compared to companies overall and is impacting their risk appetite, according to the AICD.
Global fund managers are shunning bonds, with the asset class seeing the largest drop in allocations in more than 20 years.
Australian Ethical has seen its funds under management reach $10 billion, driven by organic customer growth and superannuation contributions.
Financial advisers will have access to private equity investments run by WTW for the first time as it launches a pooled fund to provide savers with access to traditionally institutional assets.