Alternative beta fund gets two positive ratings
Global investment manager, Capital Fund Management (CFM)'s alternative beta fund received a ‘recommended' rating from Lonsec and a ‘superior' rating from an independent investment research group, SQM Research.
A distributor of CFM's institutional systematic diversified trust, Winston Capital Partners, said that the fund was available with Netwealth and HUB24, and since it launched in November 2015 it received $37 million of funds.
Winston Capital's Stephen Roberston found that financial advisers were recommending the fund as they wanted to add alternatives to their model portfolios or active review methods.
"Generally, advisers' choices for high quality, simple-to-understand, affordable investment solutions have been quite limited, particularly compared with the choices offered to the institutional market," he said.
High-quality global managers like CFM had been welcomed into the true-to-label investment space, as they had proven track records of delivering return objectives and defending portfolios against risk, he said.
According to Money Management's Investment Centre, the CFM Institutional Systematic Diversified Trust underperformed against the sector average on a year-to-date basis.
Click here: http://investmentcentre.moneymanagement.com.au/factsheets/mi-mxffh/cfm-…
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.
