InvestSMART

InvestSMART Australian Equity Income Fund

The following article appeared in Industry Moves on 15 May, 2018
By · 15 May 2018
By ·
15 May 2018
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Written by: Penny Pryor

 

InvestSMART Group has started taking initial offers for its listed active exchange traded fund - the InvestSMART Australian Equity Income Fund (INIF), that will list on the Australian Securities Exchange in June.

The ETF will mirror the group’s existing Australian Equity Income portfolio, which invests in undervalued cash-rich businesses, with the expectation that they will produce strong cash flows to support dividends in the future. Importantly, the portfolio is light on the banks.

“While the priority of the fund is delivering income, the portfolio is constructed in such a way as to allow investor to also benefit from capital gains,” InvestSMART head of funds management, Alastair Davidson, said.

“We believe everyone should have the confidence to control their future and it shouldn’t be hard or expensive to do so. The launch of the Active ETF will allow investors to access the strongly performing portfolio in a simple and cost-effective way.”

 

 
InvestSMART
InvestSMART Australian Equity Income Fund
Launched on 14 May 2018
Designed for retail investors.
Find out more
Industry Moves does not hold an AFS Licence and neither recommends nor endorses this product/service.
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Frequently Asked Questions about this Article…

The InvestSMART Australian Equity Income Fund is a listed active exchange traded fund (ETF) that invests in undervalued, cash-rich businesses with the aim of generating strong cash flows to support future dividends. It is designed to provide income and potential capital gains for investors.

The InvestSMART Australian Equity Income Fund is set to be listed on the Australian Securities Exchange (ASX) in June.

The fund's strategy is to invest in undervalued, cash-rich businesses that are expected to produce strong cash flows, supporting future dividends. The portfolio is designed to deliver income while also allowing for potential capital gains.

The fund is designed for retail investors who are looking for a simple and cost-effective way to access a portfolio that aims to deliver income and potential capital gains.

Unlike traditional portfolios that may be heavily weighted towards banks, the InvestSMART Australian Equity Income Fund is light on banks, focusing instead on undervalued, cash-rich businesses.

Investing in the fund offers the benefits of potential income through dividends and capital gains, all within a simple and cost-effective ETF structure.

The fund is managed by InvestSMART Group, with Alastair Davidson as the head of funds management.

To find out more about the InvestSMART Australian Equity Income Fund, you can visit the InvestSMART website or view the original article for additional details.