Meat industry fund looks for lower volatility

image
image
expand image

The Meat Industry Employees' Superannuation Fund (MIESF) has included the AllianceBernstein Managed Volatility Equities Fund in a bid to reduce volatility in members' portfolio.  

The fund invests mostly in Australian equities and is suitable for investors wanting lower volatility, reduced downside risk in falling equity markets, the prospect of long-term capital growth and some income, including franked Australian dividend income. 

The fund looks to reduce volatility by spotting and investing in high-quality listed equity securities that have reasonable valuations, cash flows and relatively stable share prices. 

"While likely to lag the market during upturns, the fund is expected to benefit from the so-called 'low volatility paradox'," AllianceBernstein said in a statement. 

Chief investment officer of MIESF Mary McLaughlin said the super fund also wants to deliver lower-volatility investment performance in order to avoid sequencing risk for members around retirement.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

17 hours 26 minutes ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

17 hours 47 minutes ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

18 hours 46 minutes ago