DomaCom has announced its property fund was awarded a 3.75 out of 5 rating from SQM Research, putting it in the “Favourable – Consider for APL inclusion” category.
In a statement from DomaCom, CEO Arthur Naumoidis said the rating was a great achievement, particularly considering the fund’s recent introduction to the market.
“We only launched the DomaCom Fund in February this year and I’m very pleased with what we have achieved in a short period of time introducing such an innovative property investment fund,” he said.
He suggested SQM’s rating would assist DomaCom to attract more investors and improve their product offering.
“This rating supports the overwhelmingly positive response we have received from investors and advisers wanting to utilise our unique fractional investing model to address their property asset allocation needs,” he said.
“More importantly, this rating will put us in good stead to achieve greater market penetration and a base to continually improve the platform and launch new products like the equity release currently in the pipeline.”
Industry super funds have hit back at concerns around their ability to restrict ...
A listed dealer group has reduced a number of its adviser fees and encouraged st...
Communicating consistently with team members is key for advice practice principa...
Get the latest news! Subscribe to the ifa bulletin
Get notifications in real time and stay up to date with content that matters to you.
