AMP Advantage Funds
AMP has launched the AMP Advantage Funds on its wrap platforms, MyNorth, North, Summit, iAccess, PortfolioCare and WealthView. The series consists of 31 wholesale funds, now available to retail investors at lower ongoing management fees than the equivalent wholesale funds.
The Advantage Funds range is available to new and existing super, pension and investment clients and includes global equities, fixed interest, property and infrastructure, and alternative investment funds.
“We’ve been able to take advantage of AMP’s scale and partnerships with leading fund managers to provide the funds at comparatively lower ongoing management fees, thereby supporting investment returns," David Clark, AMP’s head of product management, said.
“The range is part of AMP’s broader commitment to offer high-quality platform and investment solutions to help customers achieve their investment and retirement goals."