Lonsec Research has given a ‘Highly Recommended’ rating to the Ausbil 130/30 Focus Fund – Wholesale Class.
The ‘Highly Recommended’ rating indicates that Lonsec has a very strong conviction that the Fund can generate risk adjusted returns in line with the relevant objectives. Lonsec also considered the 130/30 Focus Fund to be a preferred entry point to this type of strategy.
Lonsec noted Ausbil’s high calibre senior investors exhibited extensive industry experience and that the lead Portfolio Manager, Gian Pandit, has a successful track record of managing Australian equities ‘long/short’ strategies.
Gian joined Ausbil two years ago in October 2015 and Lonsec highlighted the Fund has performed strongly under his management. At current levels of FUM, Lonsec considers the Fund to be attractively placed from a capacity perspective.
More broadly, Lonsec noted Ausbil has a large and well-resourced investment team that demonstrates a good breadth of investment skills.
Mark Knight, Head of Distribution at Ausbil, said: “Clients want their fund managers to offer specialised strategies and our 130/30 Focus Fund is definitely in that camp. We’re delighted that Lonsec have recognised this.”
For further information, please contact:
Head of Distribution
02 9259 0226