VanEck’s ETF ‘highly recommended’ by Lonsec
VanEck’s MSCI World ex Australia Quality exchange traded fund (ETF) (QUAL) has received a ‘highly recommended’ rating from Lonsec.
The research house praised the fund for its ability to generate risk-adjusted returns in line with relevant objectives.
QUAL, which was launched in October 2014, invested in a portfolio of quality international companies listed on exchanges in developed markets around the world (ex Australia) and tracked the performance of the MSCI World ex Australia Quality Index with net dividends reinvested.
According to Lonsec, the fund was the “largest ETF by market capitalisation in Lonsec's global equity 'smart beta' peer group with a resultant uplift in relative liquidity and narrower bid/ask”.
"We are delighted that QUAL has received a 'Highly Recommended’ rating from Lonsec. Through a single trade on the ASX, Australian investors can access a portfolio of 300 quality international companies and achieve attractive risk-adjusted returns, with the potential for outperformance,” managing director VanEck Australia, Arian Neiron, said.
"Since its inception on 29 October 2014, QUAL has outperformed the standard industry international equity benchmark, the MSCI World Ex Australia Index by 2.43 per cent p.a."
Recommended for you
Confusion around what classes as “sustainable” can lead to large fund performance differentials, making fund selection a material risk for advisers, according to Scientific Beta.
After five consecutive months of positive flows at Magellan, April saw $0.2 billion in institutional inflows offset by the same volume of retail outflows.
Alphinity Investment Management and CSIRO have brought its responsible AI framework to the market, helping investors navigate AI alongside ESG principles.
The ASX board has appointed Wayne Byres as a non-executive director, who previously served as APRA chair for more than eight years.