Six funds have been added to the Perpetual WealthFocus platform to boost diversification across the asset classes.
Credit Suisse Global Hybrid Income Fund, Deutsche Australian Bond Fund, Barclays Property Securities Index Fund, RREEF Global Property Securities Fund, Challenger Australian Share Fund and Platinum Asia Fund have been added.
Perpetual’s flagship wrap was established three years ago. It now has a portfolio of 65 funds and $6 billion in funds under administration, according to Perpetual Investments head of platform distribution Barry Porter.
“We have recently carried out a menu review with particular concentration on the income space, which is clearly an asset class that has been getting a lot of attention recently. Our aim was to achieve greater diversification across not only this asset class but also across our entire menu. The funds were chosen in consultation with key dealer groups and advisers,” Porter said.
The changes were implemented on December 1.
