Boutique equities asset manager Redpoint Investment Management has launched an Australian equity income fund aimed at yield-seeking investors such as self-funded retirees, other low-income tax rate payers as well as the not-for-profit sector.

The Redpoint Australian Equity Income Fund will sit alongside Redpoint’s Tax Effective Australian Share Fund and Australian Industrials SMA strategy, offering investors a life cycle of equity strategies for tax-effective saving from wealth accumulation through to retirement. The new fund aims to capture a dividend yield above that of the S&P/ ASX 200 index with a total return greater than the index over the long term (three to five years).

Redpoint IM chief executive, Max Cappetta, said the ability to deploy the firm’s established quantitative investment capabilities to build a dividend focused strategy comes as Australia’s aging population seeks viable investment solutions to provide adequate income in retirement.

Click here to read the media release.