POWERED BY MOMENTUM MEDIA
RaboPlus drops brokerage on BT Wholesale Imputation Fund
RaboPlus will drop its brokerage to 0.25 per cent on its 'fund of the month', the BT Wholesale Imputation Fund, during April.
RaboPlus began its 'fund of the month' initiative last year, which allows investors to gauge the type of funds other investors are choosing while at the same time making it cheaper for investors to diversify their portfolio, RaboPlus investments manager Tim Hewson said.
The brokerage on the BT Wholesale Imputation Fund for RaboPlus investors will be 0.25 per cent during April, a drop of 0.5 per cent.
Hewson said the low minimum investment amounts and discounted brokerage offered by the group helps to lower the barriers to investing for Australian investors.
The Morningstar five-star rated BT Wholesale Imputation fund typically holds 35 to 40 large caps, 15 to 20 small caps and some cash. The fund's current exposure to small caps is around 3 per cent and 3 per cent in cash, RaboPlus said.
The fund's top holdings are BHP Billiton, Telstra, CBA, Westpac, ANZ, NAB, QBE Insurance, Westfield, Rio Tinto and Westfarmers.
AUTHOR
Corrina Jack
Recommended for you
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.
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(%)
