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DomaCom funds integrated into Xplan

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By Reporter
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2 minute read

DomaCom’s property sub-funds have been integrated into Xplan, the financial advice software owned by IRESS.

Fractional property investment company DomaCom has entered into an agreement with IRESS to have its property sub-funds included on Xplan via the EPI data feed.

DomaCom chief executive Arthur Naoumidis said, "When bringing a ground-breaking platform like DomaCom to market it’s essential to align with key systems and processes to create a smooth transition to integrate into the adviser’s business process."

Mr Naoumidis said the integration with Xplan was a "significant development" for his firm, indicating that fractional investment is gaining more traction across the industry.

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"Where else can advisers achieve perfect asset allocation to the property asset class than in a fractional model like DomaCom, and we are the only model of our type," he said.

The DomaCom fund is currently on 44 AFSL approved product lists, exposing the fund to around 1,200 financial advisers.