GSFM adds new funds to ASX

GSFM/Grant-Samuel-Funds-Management/launch/ASX/global-equity/

9 March 2018
| By Oksana Patron |
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Grant Samuel Funds Management (GSFM) has added three of its international equities funds to the Australian Securities Exchange (ASX) mFunds settlement service.

The added funds were: the Munro Global Growth Fund, which aimed to provide risk-adjusted absolute returns through exposure to growth equities over a medium to long-term horizon, and Grant Samuel Epoch Global Equity Shareholder Yield Funds (hedged and unhedged), which aimed to deliver returns with an above-average level of income by investing in a portfolio of global companies with strong and growing free cash flow.

The Munro Global Growth Fund returned 29.64 per cent over one year and 20.84 per cent since inception in August, 2016, while the Grant Samuel Epoch Global Equity Shareholder Yield Fund (unhedged) returned 6.3 per cent over one year and 3.19 per cent over three years, respectively.

The hedged version of the fund returned 3.89 per cent over one year and 4.13 per cent over three years.

GSFM’s chief executive, Damien McIntyre said: “Recent research has underlined the fact that investors, particularly self-managed superannuation fund investors, are increasingly seeking to invest directly with a fund manager, and using mFunds will help investors achieve this.

“Furthermore, we are seeing a growing interest by Australian investors in international equity investments, and in particular both growth and income-generating investments, which is why we have decided to offer the Munro and Epoch funds via mFunds.”

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