POWERED BY MOMENTUM MEDIA
Meat industry fund looks for lower volatility
The Meat Industry Employees' Superannuation Fund (MIESF) has included the AllianceBernstein Managed Volatility Equities Fund in a bid to reduce volatility in members' portfolio.
The fund invests mostly in Australian equities and is suitable for investors wanting lower volatility, reduced downside risk in falling equity markets, the prospect of long-term capital growth and some income, including franked Australian dividend income.
The fund looks to reduce volatility by spotting and investing in high-quality listed equity securities that have reasonable valuations, cash flows and relatively stable share prices.
"While likely to lag the market during upturns, the fund is expected to benefit from the so-called 'low volatility paradox'," AllianceBernstein said in a statement.
Chief investment officer of MIESF Mary McLaughlin said the super fund also wants to deliver lower-volatility investment performance in order to avoid sequencing risk for members around retirement.
Recommended for you
In an address to the National Press Club last week, the incoming chair of Australia’s sovereign wealth fund said institutional investors could play a role in the winding road towards net zero.
The FSC chief executive will join a long line-up of renowned speakers at the inaugural summit.
Australia’s second-largest super fund has explained its approach to the Asian giant and how it is balancing underlying risk, adding that avoiding China altogether may not be a “doable strategy”.
New research indicates that industry superannuation funds are poised for significant growth, posing a challenge to traditional active managers.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment