Boutique funds manager Instreet gets nod for BT wrap platform

The Sydney boutique funds manager Instreet has had two of its recently launched funds added to the BT wrap platform.

 

The Instreet Reliance Commodities Fund and the Instreet Reliance Global Allocation Fund are both open-ended funds, with daily subscriptions and redemptions, offering continuous capital protection and profit lock-in to limit the downside risk in volatile markets.

 

The nod from BT comes on the heels of the funds being given a “highly recommended” rating by Lonsec in October. Both funds have previously been approved for the Macquarie wrap platform.

 

Instreet managing director George Lucas said the capital-protected structure, combined with the open-ended nature of the funds, were attractive in unpredictable times. 

 

Their listing on platforms makes them ideal for self-managed superannuation funds.

 

“Many people use these products in their portfolio construction, encouraged by the fact they provide capital protection, which limits the loss in markets such as these.

 

“They still give investors the opportunity to gain exposure to investment themes with reduced downside volatility..

“The Reliance Funds were designed after actively listening to financial advisers and investors and improving on the existing capital protected offerings, increasing transparency and liquidity.

 

“What individuals have to do with these products is no different to any other investment class. They have to choose the products that blend their individual needs and goals with their investment philosophy and situations” he said.