Trilogy Funds announces partnership with Netwealth

This article was written by Michael Karpathios, originally published by Investor Daily on September 2, 2021. It is reproduced here in full without amendment. 

Trilogy Funds has announced it will be offering its Trilogy Enhanced Income Fund on Netwealth’s platforms.

The fund, which will be made available on the Netwealth IDPS and Super platforms, invests directly and indirectly in a portfolio of cash, cash-style investments, and other financial assets such as a range of short to medium-term bank deposits, bills of exchange, promissory notes, bonds, fixed or floating-rate debt securities and income securities.

The fund is actively managed by the Trilogy investment team, who manages assets and allocations within the portfolio, alongside continuously monitoring for risks, liquidity and market movements.

Approximately 35 per cent of the portfolio is also invested in the Trilogy Monthly Income Trust, a pooled mortgage investment.

The fund aims to pay a competitive monthly return, recording a net distribution return of 3.03 per cent per annum in July.

The portfolio’s performance since inception in 2017 has resulted in it being awarded a Superior four-star rating from SQM Research.

Netwealth hopes that the partnership will help it continue its impressive growth trajectory. The firm closed the financial year reporting a profit before tax (EBITDA) of $79.3 million, an increase of 19.9 per cent from the previous year.

Key to this was an increase in funds under management to $47.1 billion, a jump of 49.6 per cent. The addition of the Enhanced Income Fund will look to build upon this.

On Thursday Netwealth closed on the ASX at $15.73, flat on its previous close of $15.65.

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