These strong ratings are testament to our highly focused contrarian investment approach that we have used in Australia for over twelve years, which has enabled our Funds to meet their return and risk objectives over the long term. We are extremely proud of the continued hard work and stringent discipline of our whole team, who work together to deliver on our purpose of building long-term wealth for our clients.
When making an assessment on the Allan Gray Australia Equity Fund, Zenith said that the team’s broad skillsets give rise to unique perspectives and as such Zenith “believes the Fund is well placed to meet its investment objectives.”
The Allan Gray Australia Stable Fund uses the same contrarian approach, but its default position is to have 100% of its portfolio invested in cash and money market instruments. The Fund then adds shares that the manager believes offer a significantly better total return than cash with limited downside. The Fund can never have more than 50% invested in shares. Zenith stated that the limited constraints on the portfolio are intuitive and “takes confidence from the fact that Allan Gray has a strong long-term track record of managing similar strategies, thereby exhibiting the discipline that is needed to implement a contrarian investment style.”
For more information on our Funds including all of our Research House ratings, please visit our adviser hub. Alternatively do not hesitate to contact your local Relationship Manager who you can find here.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned June 2019) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines