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Showing 1431 - 1440 of 4947 results for "fees"

Loftus Peak lists active ETF

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... years ending September, according to Rainmaker wholesale managed funds performance report. This is about 13% higher after fees than the MSCI All Countries World in AUD. The fund has been running since November 2016 and is managed by Loftus's founder ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... management and administration fee changes for a broad range of products that took effect this month. On November 1, management fees were reduced and commissions removed in the Access Pre Select Fund. Also on this date, commissions ceased in group insurance ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... (until 31 December 2022) following which the fund will do quarterly redemptions capped at 2.5% of the total units on issue. Fees are 45 bps in base fees and 15% in performance fee above a benchmark of CPI plus 4%. Hastings Funds Management was formerly ...

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... Management, which contributed 47% of the net profit, was impacted by lower Macquarie AirFinance income and lower performance fees. This was partially offset by sale of Macquarie Rail in the period. The banking and financial services business, which includes ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... instruments. It has daily applications and quarterly redemptions. And will pass all income components, including origination fees on directly-originated loans. An initial offer will open on November 16, with these seed investors getting an extra 1% of ...

FASEA urged to clarify in-house product conflicts

ELIZABETH MCARTHUR  |  THURSDAY, 5 NOV 2020
... latest guidance, FASEA clarified that where advice is in the best interests of the client, safe harbour has been followed, fees are reasonable and disclosure has been made, standard three is likely to have been met. IMAP said while some of that guidance ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
... In the period ASX 300 returned 4.93% and even the RBA cash rate at 1.13%. It charged about 72 bps per year in management fees and 10.25% in performance fee. Its assets only reached about $12 million at June end, while the flagship fund managed about ...

BetaShares tinkers with ETF lineup

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
The issuer with highest number of products is closing five ETFs, and raising fees for its diversified ETFs as it adds an ethical focus. BetaShares currently offers 58 exchange-traded funds via the ASX. On December 8, it will trim this lineup by five ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... Base fee margin slid by 1 bp to 48 bps, which the company attributed to change in asset mix during the year. Performance fees were up 130% to $13.4 million as 72% of Pendal's total FUM outperformed. Dividends for the year were down 18% from 45 cents ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... wound up. In July, Pinnacle delisted SAVE, and Z3RO pitched as first ETF in Australia to charge no performance or management fees, after about a year on the exchange. In January, BlackRock shut a Taiwan stocks ETF which had only $5.65 million in assets. ...