The quality and experience of investment of the BT Active Balanced Wholesale Fund’s team have proven critical to Lonsec’s decision to upgrade its rating.
Following a review of the fund, the research house upgraded its rating of the fund to “highly recommended” — Lonsec’s highest rating.
The research house said the BT Active Balanced Wholesale Fund managed by Martyn Wild, was “reasonably well resourced and experienced, and unlike many peers, has resources dedicated solely to the management of its suite of diversified funds”.
“Lonsec has high regard for many of the underlying funds used by BTIM in constructing the Fund. In particular, Lonsec has a high regard for BTIM’s Australian Equities, Australian Small Caps and Australian Fixed Income capabilities,” the company’s report said.
“Moreover, Lonsec has a high regard for the underlying sector capabilities and the quality of the investment personnel.”
The BT Active Balanced Wholesale Fund returned 5.87 per cent (after fees) for the year to December 2015, outperforming both the Lonsec sector benchmark and the Lonsec peer average, the research house said.
The fund outperformed the Lonsec benchmark by 1.8 per cent and 1.3 per cent per annum over three and five year periods respectively.
“Diversified funds are well suited to investors who desire a portfolio that provides exposure to a range of asset classes, via a single investment option,” Lonsec said.
