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Showing 551 - 560 of 5025 results for "fees"

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... fund on June 12 as it did not meet its long-term performance objective. Since inception, the fund returned 4.06% gross of fees at the end of May, while its benchmark returned 6.60%. It also meant that Aviva Investors Pacific as its investment manager ...

Morningstar names new manager research lead

ELIZABETH FRY  |  TUESDAY, 2 JUL 2024
... also support Morningstar's strategy to provide comprehensive superannuation fund ratings that will address fund's fees, features and performance. The new research head brings over 10 years of strategic leadership across financial services and ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
AustralianSuper has unveiled a raft of changes to its investment exposures and fees which came into effect July 1. Across its MySuper, Choice and TTR Income products, the super fund has removed its exposure to listed infrastructure and listed property. ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... Vanguard, Betashares, BlackRock, and VanEck - which command about 70% of the Australian market, reduced their asset-weighted fees by 8% in the 12 months to March, according to Rainmaker Information. Vanguard, the largest manager by assets under management ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
While their administration fees will fall, from next week many Equip Super members will begin paying an insurance fee calculated at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement ...

Bennelong takes on fledgling boutique

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2024
... less. Bennelong will provide distribution, administration, and business support. The fund aims to achieve a return net of fees that exceed the S&P Developed Markets MidSmallCap (AUD) over five to seven years. Webster spent nearly 15 years at Magellan ...

State Street cuts fees on six ETFs

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... Australian equities, listed property and emerging markets. The SPDR S&P World ex Australia Carbon Control Fund (WXOH) will see fees reduced from 0.18% to 0.07%, and the SPDR S&P World ex Australia Carbon Control (Hedged) Fund (WXHG) will see fees reduces ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... Delivering Better Financial Outcomes (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Global X ETFs will reduce the annual management fees for its Global X 21Shares Bitcoin ETF (Cboe: EBTC) and Global X 21Shares Ethereum ETF (Cboe: EETH), effective July 1. Both Australian-listed cryptocurrency products will see a reduction from 1.25% ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... in July 2023. However, the Australian fund's performance will differ from the underlying solution due to factors such as fees, taxes, and currency fluctuations specific to the local market.