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ING boosts OneAnswer fund offerings

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By Vishal Teckchandani
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2 minute read

Financial services company ING Australia has announced the addition of six new investment funds to its OneAnswer investment menu.

The new funds are the BT Core Australian Shares Fund, Fidelity Australian Equities Fund, Legg Mason Global Multi Sector Bond Trust, RARE Infrastructure Value Fund, T Rowe Price Global Equity Fund and Vanguard Index Diversified Bond Fund.

ING Australia expanded its offering of funds to allow greater diversity and choice for investors and advisers.

"It's now more relevant than ever for investors to have a strategy of diversification to protect against the volatility we're seeing in this economic climate," ING Australia head of product and marketing for wealth management Mark Pankhurst said.

"This new menu provides more flexibility to blend managers, investment styles and asset classes within the one platform."

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Adviser feedback also highlighted a need for additional investment funds to assist with portfolio construction, manager diversity and alternative asset classes, Pankhurst said.

"Privately-funded infrastructure funds have increased in popularity worldwide, so we decided to add the RARE Infrastructure Value fund to the platform to satisfy this demand," he said.