Business
Top fundie Hyperion to launch new growth ETF
The ASX is set to welcome a new exchange-traded fund (ETF). Hyperion Asset Management has made a name for itself in recent years with its top-performing managed funds.
Hyperion, which focuses on growth investing as its primary strategy, currently offers 2 managed funds, a “Global Growth Companies fund” and an “Australian Growth Companies Fund”. Both funds have delivered objectively impressive performances.
Hyperion tells us that the Global Growth Fund has returned an average of 23.49% per annum since its inception in 2014 (net of fees). The Australian Growth Companies Fund has delivered 12.75% per annum since its inception in 2002.
Perhaps it’s this success that is sparking some growth plans at Hyperion. According to…
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