Monthly and quarterly fund distributions decline
The number of managed funds distributing monthly or quarterly fell by nearly 10% last financial year, according to data analysis from specialist registry business, APIR Systems.
APIR chief executive, Chris Donohoe has again drawn on the company’s data to point out that majority of new registrations last financial year – 82.61% – had stated their business objective as income and growth or income only marginally down on the prior 12 month period.
He said growth only funds made up 17-39%.
“This ties in with a fall in the number of funds distributing monthly or quarterly which fell from 65.14% in FY24 to 56.33% in FY25,” Donohoe said.
The APIR chief executive also noted that, for a fourth consecutive year, alternative products were the most popular type of managed investment product registered last year accounting for 51.60% of the new registrations.
He said the alternatives category covers a broad range of asset types and registrations predominantly comprised of mortgage, single asset property and private equity funds.
“Additionally, equity funds accounted for 25.03% of new registrations, which is in line with the previous two years, while fixed income came in at 13.91%. Cash/cash equivalent made up 9.46% of new registrations, having almost doubled over the last four years.
I expect whatever outcome occurs, certain super fund trustees will get a great deal.
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