A fund distributed by Grant Samuel Fund Management (GSFM) will now be available to advisers using the Macquarie Wrap product.
GSFM announced the Triple3 Volatility Advantage Fund would be added to the platform, providing a “volatility-focused strategy to capture alpha from highly liquid exchange-traded VIX options”.
GFSM director Damien McIntyre said in a statement that the fund provided an “alternative diversification option”.
“With low correlation to other asset classes, it can be used to enhance returns and manage risk,” he said.
“An investment in volatility can be accessed through the VIX with the use of options and volatility derivatives – which are a good natural diversifier.”
In his view, portfolio diversification is particularly important for Australian investors who tend to favour local equity exposure.
In the statement, GSFM reported the fund had been awarded a “recommended” rating from Lonsec in August.
According to GSFM, Triple 3 Partners was established in 2009 with a focus on providing volatility strategies to institutional clients.
Is the new class of “qualified adviser” nothing more than a plucked chicken? There’s a brief story relayed in ...
Minister Jones has backed a two-tiered advice system and the introduction of a “qualified adviser” designation for ...
The Finance Brokers Association of Australia (FBAA) has slammed the government’s willingness to welcome banks back into ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin
Comments powered by CComment