Arie, the key advantage of PIXX and PAXX over the LIC’s (PMC and PAI) are their open ended structure which effectively provide entry/exit very close to NAV. Some would counter-argue that LIC’s offer the benefit of knowing ahead of 30 June the exact tax outcome that a trust can never provide with certainty. A trust must pay out income and realised capital gains, while a company declares a dividend, paid from retained earnings. With pooled vehicles, one has to weigh up preferences around the structure.

On Platinum launches two innovative new products -

Dean, this is indeed one of the key reasons for launching these products, which along with the mfund platform, acknowledge that the application form is a key barrier to many Australians having balanced portfolios and accessing the skill required to invest successfully overseas

On Platinum launches two innovative new products -