AMP Capital made two of its existing managed funds available to SMSF investors with a view to provide greater diversification in their property and cash, or defensive, portfolio allocations.
Specifically, AMP Capital is seeking to give SMSF members access to investment opportunities that traditionally have required large capital outlays via its Wholesale Australian Property Fund and Corporate Bond Fund.
“SMSF trustees are experienced and engaged investors looking for unique investment opportunities to help them grow their portfolios or generate steady income. Managed funds allow these investors to invest in sectors and assets that may be hard to access or cost prohibitive,” AMP Capital head of SMSF Tim Keagan said.
“We’ve recognised that SMSFs want better access to managed funds, including ease and accessibility of entry. We have reduced the minimum investment for the Wholesale Australian Property Fund to $10,000, while the Corporate Bond Fund will suit investors whose goals aren’t being met through cash and term deposits.”
SMSF investors will have access to domestic office, retail and industrial properties via the Wholesale Australian Property Fund and a wider range of corporate bonds, including those from the telecommunications, utilities and financial sectors, through the Corporate Bond Fund.
“As a leading fund manager with a focus on providing investment solutions to meet specific needs, we will continue to build on these more specialist product offerings to meet the needs of the SMSF investor as the sector continues to grow,” Keagan said.
In conjunction with the two offerings newly made available to SMSFmembers, AMP Capital has also set up a website supporting SMSF investors. Users will enjoy technical support, industry insights and market commentary provided by the manager.
