Lonsec upgrades Aberdeen fund
Research and ratings house, Lonsec has upgraded the Aberdeen Australian Small Companies Fund to a "Highly Recommended" rating.
The company confirmed the upgrading of its fund last week, noting that it followed on from a similar upgrading of the Aberdeen Ex-20 Australian Equities Fund in November, last year.
Both Funds are managed by Aberdeen's Australian Equities team and follow the same fundamental approach.
Commenting on the upgrade, Aberdeen's Head of Australian Equities, Rob Penaloza said large companies tended to attract the spotlight but there was a risk investors might overlook opportunities that small companies could offer in terms of higher growth potential and profitability.
In its report, Lonsec described the Aberdeen process as robust, repeatable and
The Aberdeen Australian Small Companies Fund is currently available on platforms including AMP North, BT Wrap, Asgard, IOOF Pursuit, Macquarie Wrap, netwealth, MLC Wrap and Oasis.
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