Bednigo & Adelaide Bank is launching a capital-protected platform that will allow investors to buy investments such as cash products, managed funds and shares using separately managed accounts for a reported 44 basis points per annum.
Trinity 3 is expected to be launched later this month and is expected to compete with platforms such as Axa's North platform, which gathered over A$1bn ($980m).
The product is expected to use an asset allocation model to protect capital.