AllianceBernstein launches fund on Chi-X | Money Management
This was particularly targeting those investors who were retirees or were approaching retirement and needed reduced exposure to market drawdowns. Vic Jokovic, chief executive of Chi-X Australia, said: “A challenging global investment landscape, including historically unusual policy settings and unforeseen events such as COVID-19, have added to the risks that Australian investors face. We are pleased to welcome AllianceBernstein and AMVE on to Chi-X. This adds to a growing list of Active ETFs on our platform that aim to deliver greater diversity to the portfolios of Australian investors”. ...
Source: moneymanagement.com.au