The three Alphinty funds being added to the mFund are the Australian Share Fund, the Concentrated Australian Share Fund and the Socially Responsible Share Fund.
Alphinity principal Johan Carlberg said the move onto mFund would boost the investment manager’s retail inflows.
“Alphinity has already grown strong traction among institutional investors, and now we are growing our penetration into the retail market. Our funds provide consistent performance and genuine alpha, over a long period of time, and that’s what advisers and their clients are looking for in today’s volatile market,” he said.
“By joining the mFund platform, it will be easier and faster for retail investors to access our investment products through participating brokers.”
ASX general manager for listings and issuer services Max Cunningham said, “ASX welcomes the addition of three funds from Alphinity, which boost the number of funds available through the mFund settlement service to 163, providing further opportunities for investors and advisers to diversify portfolios using ASX as an investment hub.”
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