Joseph Sitch
Victor Smorgon Partners has announced that its Global Multi-Strategy Fund (GMF) has been added to the Hub24 investment platform, as the fund manager amplifies its presence in the Australian investment industry, paving the way for Australians to benefit from the same wealth generation strategies as the Victor Smorgon Family Office.
“We are excited to be added to the HUB24 adviser platform to bring the award-winning Global Multi-Strategy Fund to Australian advisers and investors,” said Victor Smorgon Group’s Joseph Sitch, Co-CIO of the Victor Smorgon Partners Global Multi-Strategy Fund.
“Offering advisers access to the GMF will now enable Australians to take advantage of the successful wealth creation opportunities offered by the GMF, which has delivered an impressive 40.6% per annum return to investors since its inception in 2019, outperforming most Australian and global equity managers,” he said.
“Advisers can now access the Fund on Hub24, Netwealth, Powerwrap and Mason Stevens platforms. Our presence on these platforms opens the opportunity for all Australians to join in the wealth building strategies of the Victor Smorgon Group,” Mr Sitch said.
The GMF returned 2.8% in April and has returned 22.6% over the financial year to date. In recognition of its outstanding performance, the Global Multi-Strategy Fund won the ‘Best Multi-Strategy Fund’ award at the 2023 Hedge Funds Rock + The Australian Alternative Investment Awards.
“The GMF has outperformed the MSCI World Index, ASX 200 Index, and S&P 500 indices since its inception in January 2019and this outperformance could continue given Victor Smorgon Partners’ success in identifying key themes which are delivering long-term wealth creation to investors. These include automation and gold as a defensive investment. Another key theme is investing in companies which are enabling decarbonisation, such as copper miners.
“The Fund is unique as it has exposure to many themes – both listed and unlisted. Victor Smorgon Partners searches the globe for rewarding investments and we apply an operator’s mindset to all investments, focusing on companies with healthy earnings and margins,” Mr Sitch said.
“The Fund’s ongoing focus on real assets and free cash flow fundamentals has allowed it to consistently outperform during periods of heightened volatility and economic uncertainty. Importantly, we believe that companies currently generating cash flow underpinned by real asset ownership will continue to outperform companies with longer dated cash flows,” Mr Sitch said.
“Now, working with popular platform providers such HUB24, the fund is widely available to financial advisers to meet the wealth creation needs of Australian investors.”