The ‘Highly Recommended’ rating indicates Lonsec’s conviction that the Fund can achieve its objectives and, if applicable, outperform peers over an appropriate investment timeframe.

According to Hyperion’s Managing Director, Tim Samway, the rating reaffirms Hyperion’s reputation as a high conviction fund manager that delivers returns above the benchmark for clients.  

“We’re thrilled to receive Lonsec’s highest rating for the Hyperion Australian Growth Companies Fund for a third consecutive year. It underlines Hyperion’s excellent track record and is positive affirmation for our well-developed unique investment philosophy and process,” said Mr Samway.

The Lonsec report noted that the Fund has a solid long term track record, returning an Excess Return of 1.92% pa and 2.90% pa over the five and seven year periods assessed to June 2012 (outperforming the Lonsec peer average in both instances). 

The report went on to state that the Fund’s ability to outperform in both rising and falling markets was an impressive result for a growth style manager (which would normally be expected to perform more strongly in rising markets), and likely reflects the emphasis on identifying quality franchise and business strength in Hyperion’s research process.   

In its review of the Fund Lonsec also endorsed Hyperion’s strong investment team, reporting the overall quality and experience of the team was a key factor in reaffirming the Fund’s rating.   

“Our focus has always been to generate high alpha investment returns based on a bottom-up investment process which identifies quality companies through rigorous research. But our process is only one part that contributes to our success; the other is the strength of our investment team.  To maintain the ‘Highly Recommended’ rating from Lonsec is gratifying for the team; it’s pleasing to have our hard work and long-term investment out-performance for clients acknowledged,” said Mr Samway

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