AMP Capital forms alliance with BetaShares to launch exchange traded managed funds
AMP Capital and BetaShares have formed an alliance to launch a range of exchange traded managed funds expected to have wide appeal, particularly amongst self-managed super fund (SMSF) trustees and self-directed investors.
AMP Capital and BetaShares will launch the first three exchange traded managed funds under their alliance on the Australian Securities Exchange (ASX) in the coming months: the AMP Capital Dynamic Markets Fund; the AMP Capital Global Property Securities Fund; and the AMP Capital Global Infrastructure Securities Fund .
The exchange traded managed funds will replicate the investment strategies of existing AMP Capital funds of the same name and will be actively managed by AMP Capital’s dedicated investment teams. The Funds will be able to be bought and sold during the trading day like any share on the ASX.