Clean sweep – all three Alphinity Australian share funds receive ‘Highly Recommended’ rating

Andrew Martin

Andrew Martin

All three of Alphinity Investment Management’s Australian share funds have been rated ‘Highly Recommended’ by Lonsec.

The leading Australian and global equities boutique fund manager has had its Alphinity Australian Share Fund and its Alphinity Concentrated Australian Share Fund upgraded to the highest available Lonsec rating, while the Alphinity Sustainable Share Fund has retained its ‘Highly Recommended’ rating.

These upgrades come as a result of Lonsec’s increasing belief in the ability of Alphinity’s Australian equity portfolio managers to deliver on the firm’s investment objectives and consistently generate alpha.  In its rating reports, Lonsec noted the experience of Alphinity’s Australian equity investment team, and that Alphinity applied “a well formulated combination of quantitative and fundamental analysis, driven by a repeatable process which focuses on incremental earnings upgrades and balance sheet strength”.

Lonsec also noted the strength in Alphinity’s boutique ownership structure which promotes staff retention and helps to align the interests of the investment team with end investors. Alphinity Principal and Portfolio Manager Andrew Martin said it was pleasing that the work of the investment team and its disciplined approach continued to receive strong independent validation.

“At Alphinity we look for quality, undervalued companies in or about to enter an earnings upgrade cycle,” Mr Martin said. “We’re delighted that our disciplined, consistent investment approach – which has helped us deliver alpha for our clients since 2010 – has been recognised by Lonsec.”

Since inception in September 2010, each of the three funds have outperformed their respective benchmarks (net of fees), with the Alphinity Australian Share Fund delivering 9.9% p.a. and the Alphinity Sustainable Share Fund delivering 10.5% p.a. (vs 9.2% p.a. for the S&P/ASX 300 Accumulation Index) and the Alphinity Concentrated Australian Share Fund delivering 11.1% p.a. (vs 9.4% for the S&P/ASX 200 Accumulation Index).*

Alphinity Investment Management is majority owned by the investment team, and partly owned by Fidante Partners, the boutique funds management business of Challenger Limited.

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