Cromwell fund added to BT Wrap
The Cromwell Phoenix Core Listed Property Fund has now been added to the BT Wrap investment platform.
Cromwell Funds management director Michael Blake said the listing on the BT Wrap platform was "further evidence of increasing demand from investors for the product".
"The fund is proving extremely popular with investors and is now the only way for investors to get access to Phoenix's highly successful, award-winning listed property securities investment team," he said.
According to a statement by Cromwell, the fund primarily focuses on large and medium-cap A-REITs.
It may also invest in a selected range of other assets, including listed property-related securities such as infrastructure, property, developers, property fund managers, international listed property securities, cash and fixed interest, the statement said.
The BT Wrap platform provides investors, via their financial advisers, with access to ASX-listed securities and more than 550 managed funds and term deposits, Cromwell said.
The fund was also recently added to Macquarie Wrap platform.
Former adviser appears in court on fraud charges
A former veteran financial adviser has appeared in court on seven charges of fra...
Government announces royal commission road map
The government’s royal commission road map has been released to the public to ...
Super reforms don't go far enough: ISA
New legislation attempting to close a loophole estimated to cost Australians $1....