Pinnacle aShares Global Dynamic Income Fund

Pinnacle Investment Management has launched an exchange quoted managed income fund - Pinnacle aShares Global Dynamic Income Fund - which will be managed by Omega Global Investors and invests in both global equities and bonds.

"The fund aims to provide investors with a high and stable level of monthly income, coupled with moderate capital growth, targeting an annual income which exceeds the RBA cash rate by 4%," Pinnacle says in the fund's product disclosure statement.

The aShares Global Dynamic Income Fund, which has a ticker of SAVE, has management costs of 0.5 per cent and 'recoverable expenses' of 0.15 per cent.

Pinnacle Investment Management Pinnacle aShares Global Dynamic Income Fund Launched on 27 August 2019 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.