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AMP Capital makes further play for SMSF market

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By Katarina Taurian
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2 minute read

AMP Capital has launched an “investment series” in an attempt to put selected managed funds more firmly on the radar of self-managed superannuation fund trustees.

AMP Capital has flagged its Wholesale Australian Property Fund and Corporate Bond Fund as investments that “will appeal to SMSF investors”.

“We believe that as a leading fund manager with specialist capabilities we are in an excellent position to help SMSF investors meet their investment goals,” AMP Capital’s head of SMSF and former head of nabtrade, told InvestorDaily.

“We’ve recognised that SMSFs want better access to managed funds, including ease and accessibility of entry.”

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AMP Capital has reduced the minimum investment for the Wholesale Australian Property Fund to $10,000 and said the Corporate Bond Fund “will suit investors whose goals aren’t being met through cash and term deposits”.

“We will continue to build on these more specialist product offerings to meet the needs of the SMSF investor as the sector continues to grow,” Mr Keegan said.

Late last year, following the appointment of Mr Keegan, AMP Capital said it was developing “solutions” for the SMSF segment, with a view to providing SMSFs access to AMP Capital investment products.