Lennox fund added to BT platforms
The Lennox Australian Microcap fund has been added to the BT Panorama and BT Wrap investment platforms.
The Lennox Capital Partners managed fund provided investors with exposure to a portfolio of between 20 and 40 actively-managed, “style-agnostic” microcap equities.
According to FE Analytics, the fund had returned 51.74% over the previous 12 months to 28 February, 2021.
It was one of the best-performers in the Australian small/mid cap sector over the previous 12 months.
Since inception on 31 January, 2018, to 28 February, 2021, it had returned 66.18%, compared to a 34.99% average return in the Australian small/mid cap sector and 23.28% for the S&P ASX small ordinaries index.
James Dougherty, Lennox Capital Partners principal and portfolio manager, said the addition to the platforms had capped a very strong year for the fund, despite difficult conditions.
“We are pleased to bring the Lennox Australian Microcap Fund to the thousands of Australian investors and financial advisers who use the BT Panorama and BT Wrap platforms,” Dougherty said.
“The fundamental analysis and in-depth research underpinning our microcap strategy has provided investors with outstanding returns, and we’re excited to be able to bring those benefits to a greater number of Australians.”
The Fund was rated “highly recommended” by Lonsec and “recommended” by Zenith.
Performance of Lennox Australian Microcap fund v sector and benchmark since inception to 28 February 2021
AUTHOR
Chris Dastoor
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.
