POWERED BY MOMENTUM MEDIA
AUSCOAL rebrands
Industry fund AUSCOAL Super has initiated a name change to Mine Wealth and Wellbeing.
The name change, confirmed today, will take effect from 1 July.
Announcing the move, AUSCOAL chief executive, Bruce Watson pointed to a strategy involved with meeting members' needs beyond the accumulation stage.
He said the fund's new brand direction and name had been chosen to offer members increased value throughout life, not just when they are thinking about retirement.
"Extensive market research showed us that many members and their families are looking for 'more than super'. For our members, that translates into information, guidance and advice at other stages of their life, and through life events other than retirement," Watson said.
Recommended for you
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
