The 25 per cent Challenger-owned Greencape funds, Wholesale Broadcap Fund and Wholesale High Conviction Fund, provide investors with access to an Australian Equities manager with a best ideas mentality.
Aviva Research Manager, Stuart Fechner said Navigator was delighted to offer clients exclusive access to the Greencape funds at such an early stage, in recognition of the strong and sustained impact boutique managers have made on the Australian investment scene.
“Greencape’s investment team is a cohesive unit having worked together for a considerable period at Merrill Lynch Investment Managers where they enjoyed good market support while managing similar funds,” Fechner said.
Greencape Capital director Matthew Ryland, who previously ran the Merrill Lynch Growth Fund, said the platform market remains as competitive as ever and a detailed review of this market was undertaken before reaching a decision to proceed with Navigator.
Access to a high quality and diversified financial adviser network was a significant factor, Ryland said.
Navigator has also added a further 17 new funds available through the Personal Investment Plan. The additions include the re-opening of five previously offered funds which had been closed by the respective fund managers.
Navigator investment options include more than 200 managed funds and up to 500 direct shares.
