Monash Absolute Investment Fund added to BT Wrap’s approved product list

Simon Shields

Absolute return, Australian equity specialists Monash Investors’ has added its flagship fund, Monash Absolute Investment Fund (Fund), to BT Wrap’s menus.

Monash Investors co-portfolio manager Simon Shields, said the firm was pleased to have the Fund available on one of Australia’s leading investment platforms.

“The Fund has experienced strong interest from advisers who are seeking to complement the long-only equity managers in client portfolios, as well as their direct and ETF investments,” he said.

“We also have a number of leading goals-based advisers who prefer investments managed to an “absolute’ style, versus being ‘relative’ to a benchmark.”

The Fund recently received a Lonsec “Recommended” rating, and “Superior” rating from research house SQM.

Monash Investors co-portfolio manager Shane Fitzgerald said the addition of the Fund to BT Wrap was further positive affirmation of the Fund’s support from financial advisers.

“Our point of difference includes our absolute return Australian equities strategy whilst supporting a benchmark unaware and style agnostic approach, attempting to ‘reliably grow investor wealth’.”

The Fund is currently open to investments directly or by advisers via the Netwealth, Hub24, Powerwrap, ManagedAccounts.com.au, Mason Stevens and Macquarie Wrap channels.