AMPlaunches new managed portfolios
BY JAMIE WILLIAMSON | TUESDAY, 4 AUG 2020 1:08PM
https://www.financialstandard.com.au/news/amp-launches-new-managed-portfolios-169920870AMP islaunching a new range of managed portfolios, available on its flagship MyNorthplatform.
The activelymanaged IndexPlus range blends a low fee with low-turnover index-basedinvestments, AMP said.
he range includesfive products with varying risk profiles: IndexPlus Conservative, IndexPlusModerately Conservative, IndexPlus Balanced, IndexPlus Moderately Aggressiveand IndexPlus Aggressive.
"The IndexPlus range combines the benefits of active andpassive strategies into a unique, low-cost investment, delivered simply andefficiently through MyNorth," AMP director of wrap product Shaune Egansaid.
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