Commenting on the Affluence Investment Fund, chief executive Daryl Wilson said that its approach to the fund was based on diversification through investing with a wide range of best of breed managers across different investment styles, asset classes and geographies, plus an awareness of downside risk management.
“The results to date have been impressive, but just as importantly, have been achieved with a high degree of consistency,” Mr Wilson said.
“We put this down to the way in which we diversify the portfolio, as well as the access to an array of managers with very impressive track records.
“We’re seeing a significant increase in interest in the fund in recent times, with the combination of monthly distributions, good returns and very low volatility having significant appeal to those looking for all-weather investment options in a world where market valuations for most assets are perceived as too high right now.
“We are pleased that advisers using the HUB24 platform now have the opportunity to access our fund.”
Affluence said its Investment Fund has substantially exceeded its aim of delivering returns of inflation plus 5 per cent over rolling three-year periods, while having less than half the volatility of the ASX200.
This is great to see, an excellent manager that has delivered above their benchmark with a 0% management fee (100% aligned with investors in the Fund). All platforms in Australia should have this Fund as an option for their advisers!