Alphinity’s fund ‘recommended’ by Zenith

The Alphinity Global Equity Fund, which passed its three-year milestone in December, has been granted a ‘recommended’ rating from Zenith Investments Partners.

Additionally, the fund also received a four-star Overall Morningstar Rating as at 31 December, 2018.

Zenith praised the company for its “highly experienced” team and described the fund as “well-managed”.

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The fund was launched on 21 December, 2015 and managed to outperform the MSCI World Net Return (AUD), returning 8.2 per cent per annum since inception, 11.5 per cent per annum over two years and 2.4 per cent over the past year, including the recent market correction, the company said.

The strategy was run by a separate team of four portfolio managers: Jonas Palmqvist, Jeff Thomson, Lachlan MacGegor and Nikki Thomas, and sat under the umbrella of Alphinity Investment Management.

It provided an actively managed exposure to a high conviction portfolio of global companies with underappreciated earnings growth potential and typically held between 30 and 45 stocks across different market sectors and regions.

Alphinity’s global strategy had $1 billion of funds under management, of which around $37 million came from early investors in the retail fund.

“The key to our success and the recent Zenith rating has been what we call conviction with consistency’ “, Thomson said.

“We focus on rigorously testing and refining our best ideas to the point where we have a high degree of comfort that the ones we invest in will achieve strong returns.”




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