AMP Capital has launched an investment series targeted towards self-managed super funds (SMSFs), meeting growing demand from the DIY super sector looking for portfolio diversity and specialist investment strategies.
The AMP Capital Wholesale Australian Property Fund and the AMP Capital Corporate Bond Fund allow SMSF investors access to investment opportunities that may otherwise require a large capital outlay or significant acquisition costs.
The two funds will appeal to SMSF investors who would like to add diversity to their portfolios without having to directly invest in these asset classes.
The Wholesale Australian Property Fund provides exposure to Australian office, retail and industrial assets, and within the Corporate Bond Fund DIY investors are able to access a range of industries such as financials, utilities and telecommunication providers within the corporate bond market.
AMP Capital Head of SMSF Tim Keegan said desire for control of their investments coupled with higher average balances means SMSFs take a diverse and involved approach to how they manage their wealth.
“SMSF trustees are experienced and engaged investors looking for unique investment opportunities to help them grow their portfolios or generate steady income. Managed funds allow these investors to invest in sectors and assets that may be hard to access or cost prohibitive,” Mr Keegan said.
“We’ve recognised that SMSFs want better access to managed funds, including ease and accessibility of entry. We have reduced the minimum investment for the Wholesale Australian Property Fund to $10,000, while the Corporate Bond fund will suit investors whose goals aren’t being met through cash and term deposits.
“As a leading fund manager with a focus on providing investment solutions to meet specific needs, we will continue to build on these more specialist product offerings to meet the needs of the SMSF investor as the sector continues to grow.”
AMP has also developed a website to support the launch of the SMSF investment series. The website – www.ampcapital.com.au/smsf – will offer content specifically targeted to SMSF investors, including live market insights, industry commentary and technical support, with the aim of giving investors confidence they can achieve their retirement goals.
AMP is a leader in SMSF administration, offering a broad range of compliance and technical services for SMSF investors through AMP SMSF Solutions and Ascend, as well as though established brands such as Cavendish and Multiport. Through SMSF Advice, AMP also provides licensing options for accountants.
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