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Lifestyle Asset Management adds two ETFs to Lifestyle product


Australia-based financial services group Lifestyle Asset Management has added two exchange-traded funds to its investment product Lifestyle ETF, which is incorporated under the Lifestyle Trader platform.

The move will provide traders with lower risk investment opportunities in gold and agri-business.

Scott Goold, Lifestyle Asset Management’s chief investment officer, says: “Due to the current state of the global economy a lot of investors are afraid and looking for safe places for their money.

“As bond prices and fixed interest investments are yielding low rates of return, gold is shaping as a really a good investment right now, particularly if countries continue to borrow money to add stimulus and devalue their currencies.

“The Swiss held gold ETF can offer investors the added security they are searching for.”

Goold says the agri-business ETF would be a smart option for investors striving to capitalise on growth in developing regions such as Asia and South America.

“Food security is a particularly hot topic at the moment – recent increases in grain prices have agri-business in sharp focus,” he says.

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