VanEck Income ETF Model Portfolio
VanEck, in conjunction with Lonsec, has added to its model portfolio suite with an Income ETF Model Portfolio.
Through a greater skew to Australian equities and their historically higher yields, the model portfolio aims to deliver investors income of 2 per cent per annum more than the Consumer Price Index. The portfolio also has a greater weighting to higher yielding corporate bonds.
"We are likely to see below trend economic growth and interest rates remain at historical low levels for an extended period of time in Australia, which will force investors looking for income to assess new investment opportunities outside of term deposits and cash products. VanEck’s new Income ETF Model Portfolio supports financial advisers in creating a simple portfolio of ETFs targeting income for retiree clients," Arian Neiron, VanEck managing director and head of Asia Pacific, said.