The move follows the company’s announcement in June that it was establishing its tax-aware investment capabilities.
The new wholesale equity income funds – superannuation and tax exempt – will be available to institutional and wholesale investors.
The funds are intended to expose the equity risk premium while limiting capital volatility and increasing income generated by the portfolio.
They also seek to give a balance between income requirements, volatility management and total returns.
The funds will enable a broader range of investors to access the Wholesale Equity Income Fund in a tax-effective manner.
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