POWERED BY MOMENTUM MEDIA
Meat industry fund looks for lower volatility
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.
Recommended for you
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending.
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.72 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
27.64 3 y p.a(%)
