Kardinia holds ‘highly recommended’ rating
Bennelong Kardinia Absolute return fund has retained its ‘highly recommended' Zenith rating for the fifth consecutive year, according to the ratings house.
Zenith Investment Partners reported that "[the Kardinia investment team] was of high calibre and recently bolstered by the addition of senior analyst, Stuart Larke, in January 2016".
Zenith also highlighted that the fund was among others that preserved capital in falling markets, as it materially lowered its net equity exposure.
"Kardinia maintains an equal focus on meeting its performance objectives and capital preservation," Zenith said.
The ratings house also admired the managers' underlying investment philosophy and processes.
Kardinia was founded in 2011 by Mark Burgess and Kristiaan Rehder, in partnership with Bennelong Funds Management.
The Bennelong Kardinia Absolute Return Fund aimed to provide an absolute excess return of 10 per cent per annum, over the long-term, Bennelong said.
Recommended for you
LGT Wealth Management is maintaining a neutral stance on US equities going into 2026 as it is worried whether the hype around AI euphoria will continue.
Tyndall Asset Management is to close down the Tyndall brand and launch a newly-branded affiliate following a “material change” to its client base.
First Sentier has launched its second active ETF, offering advisers an ETF version of its Ex-20 Australian Share strategy.
BlackRock has revealed that its iShares bitcoin ETF suite has now become the firm’s most profitable product line following the launch of its Australian bitcoin ETF last month.
