Trilogy launches new retiree fund

Trilogy launches new retiree fund

Trilogy Funds Management has announced a new fund aimed at retirees who want above cash returns as well as seven-day access to capital.


The Trilogy Enhanced Cash fund combines the stability of cash-style investments with access to the yield available from an investment in a mortgage trust with a proven record, according to a statement.

Seventy per cent of the Trilogy Enhanced Cash investment portfolio is invested in bank term deposits and as a wholesale investor into what Trilogy Funds believes are ‘best-of-breed’ cash-style investment schemes, the statement said.

The remaining 30 per cent of the portfolio is invested into the Trilogy Monthly Income Trust and is aimed at providing enhanced returns.

In addition, Trilogy said its liquidity management processes around these investments will provide investors with access to their funds within seven days.

Trilogy Funds executive director John Barry said the fund is designed to challenge the notion that investors with limited appetite for risk of capital loss, such as retirees or those approaching retirement, have to settle for returns that barely beat inflation.

“In the past, the simple answer would be to just place a good chunk of cash in a term deposit. But with interest rates as low as they are right now, they might as well just shove money under a mattress,” Mr Barry said.

“We wanted to find a way to get these people a decent return with limited risk of capital loss. That was the inspiration from which Trilogy Enhanced Cash was born.”

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