Paul Cuddy

The Bennelong Australian Equities Fund (the Core Fund) and the Bennelong Concentrated Australian Equities Fund (the Concentrated Fund) have celebrated their five-year anniversary.

Despite being launched against the backdrop of the GFC in 2008, the funds have enjoyed consistent inflows and delivered strong returns to investors. The Core Fund returned 17.50% and the Concentrated Fund 20.07% since inception p.a.*; the funds’ benchmark, the S&P/ASX 300 Accumulation Index, returned 12.76% over the same five-year period.

Both funds are managed by Bennelong Australian Equity Partners (BAEP), which is headed up by Paul Cuddy and Mark East and was established in 2008 in partnership with Bennelong Funds Management (Bennelong).

Celebrating the five-year anniversary of the funds, Paul said: “We are incredibly proud of our achievements so far, and we look forward to continuing to deliver innovative, high quality investment solutions to investors. Our partnership with Bennelong has successfully enabled us to remain focused on delivering results for our clients.”

BAEP has grown its client base over the last five years, which includes retail and high net wealth investors, super funds, and institutional clients, along with a presence on a range of platforms and dealer group approved product lists. The team also manage the Bennelong ex-20 Australian Equities Fund.

* Inception date is 30 January 2009. Performance figures as at 31 January 2014, since inception p.a. and gross (before fees and expenses). 

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