Plato Management announces multiple research ratings upgrades

Two Plato Investment Management (Plato) strategies have received ratings upgrades by Lonsec.

The Plato Global Alpha Fund has been upgraded to ‘Recommended’ by the leading research house.

The Plato Global Shares Income Fund has also been upgraded to ‘Recommended’.

About The Plato Global Alpha Fund

The Plato Global Alpha Fund is a long/short global equities fund which aims to provide investors an all-weather solution that can generate alpha throughout the cycle.

The 150/50 strategy helps amplify opportunities to generate returns from long ideas, while also generating alpha from companies expected to underperform.

The Fund has delivered 18.46% p.a. after fees since inception on 1 September 2021, outperforming its benchmark (MSCI World Net Returns Unhedged Index) by 10.01% p.a. (to 30 April 2024).

Dr David Allen, Plato’s head of long/short strategies and portfolio manager of the Plato Global Alpha Fund commented:

“This thorough research into the Plato Global Alpha Fund validates our conviction in the Fund’s investment process and team. We believe the strategy can help clients generate strong outcomes in all market environments, including the current uncertain global environment by generating alpha through both long and short positions.”

About The Plato Global Shares Income Fund

The Plato Global Shares Income Fund aims to maximise retirement income, specifically for pension phase investors and SMSFs seeking to diversify their income sources.

The Fund applies Plato’s propriety investment processes to build a diverse portfolio of companies listed in developed markets that targets an income level of greater than 4% above the benchmark.

The Plato Global Shares Income Fund has delivered total income of 5.85% p.a. after fees since inception on 1 March 2016 (to 30 April 2024).

Daniel Pennell, lead portfolio manager of the Plato Global Shares Income Fund commented “We thank Lonsec for its research into our global income strategy. We believe global shares play an important role in diversified income portfolios, particularly as many Australian investors crowd into a very concentrated domestic stock market and fixed income solutions for income. Both our Australian and Global Equity income strategies provide clients a highly diversified portfolio underpinned by our proprietary dividend rotation strategy and company modelling.”