New active ETF to launch on ASX
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
InvestSMART will launch ASX:INIF to deliver both income and capital gain.
Listed financial services company InvestSMART will launch a new Active exchange traded fund (ETF) on the Australian Securities Exchange (ASX) that will deliver investors both capital gain, and income in the form of dividends. The new ETF, which will trade under the code INIF, is set to be listed on the ASX later this month.
The ETF is unique for a few reasons: it's actively managed, it's very underweight in the Australian banks and it aims to deliver both income and capital growth. It will mirror InvestSMART's existing Australian Equity Income Portfolio, which has returned 11.05% p.a. after fees since it was launched in July 2015.
“While the priority of the fund is delivering income, the portfolio is constructed in such a way as to allow an investor to also benefit from capital gains. We believe everyone should have the confidence to control their future and it shouldn’t be hard or expensive to do so,” said InvestSMART head of funds management Alastair Davidson.
"The launch of the Active ETF will allow investors to access the strongly performing portfolio in a simple and cost-effective way. ETFs historically have been indexed-based. We decided we'd have an actively managed ETF. They're very similar to what a managed fund is."
Australian investors are typically over-reliant on the bank and financial services sector. However, InvestSMART's new ETF currently has less than 9% exposure to bank stocks. Instead, INIF will invest predominately in strongly performing, under-valued companies listed on the ASX that are generating cash.
InvestSMART believes the majority of Australian banks are over-valued and could be risky in the current environment. "I think there will be implications from the royal commission, but I don't think we'll see them for a while," said Davidson.
In terms of fees, the new ETF will charge 0.97% p.a. for the active management of the fund, with no performance-based fees.
Call 1300 880 160
Start a chat
Schedule a call
