Zenith Investment Partners has upgraded its rating for the Platypus Australian Equities Fund to ‘recommended’.
The Platypus Systemic Growth was also rated for the first time and received a ‘recommended’ rating. The recommended ratings for both funds were primarily due to the consistent application of Platypus’ investment process which had delivered strong excess returns.
Zenith said it was encouraged by the stability and growth of the Platypus business.
Gary Adamson, chief executive officer at Platypus Asset Management, said the recent upgrades cap off another year of solid growth.
“Platypus celebrates its 20th anniversary this year and we are proud of the returns we have delivered for investors over this time and the manner in which we have gone about delivering the returns,” Adamson said.
The rating upgrades for both funds followed their recent addition to MLC Wrap and approved investment lists for the MLC adviser network.