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What's New In Investments, Funds? - Progeny AM

Editorial Staff

19 April 2018

Progeny Asset Management
, the investment management arm of UK-based Progeny Group, has launched a multi asset exchange-traded fund solution for investors seeking upside exposure and yield.

The Optimised Passive Income 60/40 is designed for investors who wish to have exposure to a range of global asset classes and a target yield of three per cent a year.  

The solution will be available via financial advisors only, not direct to clients.

The ETF is expected to allocate around 60 per cent globally to equities, private equity, property, and around 40 per cent to global fixed income.