BNP Paribas Australian Equity Benchmark Insensitive Trust

BNP Paribas Asset Management Australia (BNPP AM) has launched the BNP Paribas Australian Equity Benchmark Insensitive Trust, a concentrated portfolio of approximately 30-40 stocks.

Specialist wholesale Australian equities manager JCP Investment Partners will manage the trust, which is targeting a return of 6% per annum in excess of the S&P/ASX 300 Accumulation Index over rolling 5-year periods.

JCP is a fundamental growth style manager with funds under management of over $5.3 billion.

“In partnering with JCP, we are able to provide access to a compelling capacity-constrained Australian Equity strategy that has previously not been available to retail investors. This is a natural extension to our already strong line up of high conviction global equity strategies”, BNPP AM Australia chief executive officer, David Grybas, said.

The fund has a minimum investment of $25,000.

BNP Paribas Asset Management BNP Paribas Australian Equity Benchmark Insensitive Trust Launched on 04 September 2018 Designed for retail and wholesale investors. Find out more Industry Moves does not hold an AFS Licence and neither recommends nor endorses this product/service.