IOOF has added a dozen managed funds to its platforms, bringing the total to more than 100.
The Pursuit Select, IOOF Portfolio Service and LifeTrack platforms have been bolstered with funds from Colonial First State, Challenger, Goldman Sachs JB Were and Perennial.
The additions allow exposure to internal gearing options, quantitative or thematic style management, emerging funds, concentrated portfolios and income yield focused products.
"Our strategy is not about the size of the list but the quality," IOOF senior research manager Paul O'Connor said.
"We are very confident that the investment menu now provides advisers and investors with the best options to create a diversified portfolio."
IOOF Holdings listed on the Australian Securities Exchange in 2003 and has about 30,000 shareholders. The IOOF Group now manages and administers more than $32.8 billion.
