Blackmore Capital Blended Australian Equities Fund rated ‘Strong’
Australia Ratings Analytics (Australia Ratings) has assigned an investment rating of ‘STRONG’ to the Blackmore Capital Blended Australian Equities Fund (the Fund).
A Product Complexity Indicator of ‘GREEN’ has also been assigned to designate the view that the Fund is a SIMPLE financial product, indicating that the performance is expected to move very closely in line with the corresponding market sector. This Fund is available to both retail and wholesale investors.
A STRONG investment rating indicates a strong conviction that the Fund can deliver a risk-adjusted return in line with the Fund’s investment objective.
The Fund is managed by Blackmore Capital (Manager), a Melbourne-based, long-only, Australian Equity boutique asset management business. The Manager seeks to generate long-term capital appreciation by investing in Australian listed equities; the aim is to do so with lower volatility and greater downside protection relative to the S&P/ASX 200 Accumulation Index benchmark. Blackmore Capital employ a benchmark unaware, high conviction approach that is based on comprehensive fundamental company and industry research; with the primary aim of the strategy being to identify and allocate capital to high quality stocks that are reasonably valued.
Since its inception, the Fund has outperformed the index with less volatility.
Australia Ratings’ analyst, Dragana Timotijevic, says “overall, we view the investment strategy as sound and aligned with the Manager’s objectives, resources, and competencies”. She added, “the rating also indicates the high level of confidence Australia Ratings has that the Fund will continue to deliver a strong risk-adjusted return”.
