Insight
19, October 2017
Uncategorized
Lonsec awards 'Recommended' rating

Lonsec has awarded the Vertium Equity Income Fund its ‘Recommended’ rating following a review of the manager’s fund in October 2017 – just three months after Vertium Asset Management was launched by Jason Teh in partnership with Copia Investment Partners.

In its review, Lonsec highlighted the fund’s “highly appealing” investment strategy and noted Vertium’s founder, Jason Teh, is highly experienced and has an “enviable track record managing investors’ money in this manner”. Lonsec added that the fund’s capital-protection focus combined with income derived from multiple sources (e.g. dividends and option premiums) “minimises the risk of unit price decay”.

Vertium Asset Management CIO, Jason Teh, said, “It’s very gratifying that Lonsec has recognised the continuity in investment strategy and approach from my previous role. We are delighted to have achieved a Recommended rating just three months after launching the business. We think there is an enormous unmet need in servicing retirees in the decumulation phase and believe our ‘triple-objective’ approach has the potential to deliver them superior outcomes in retirement, namely more income, less risk and higher investment returns than the Australian share market.”

Sam Baillieu, CEO at Copia, welcomed the rating and noted, “This is an excellent result for Vertium. Jason and his team have an opportunity to build a remarkable company managing funds for retirees. We are tremendously excited about Vertium’s prospects and look forward to supporting and working with Jason and his team over the long term.”

The fund aims to achieve superior outcomes across three investment objectives: 1. greater income than the S&P/ASX 300 Accumulation Index (after fees) yearly, 2. lower absolute risk than the index yearly, and 3. greater total return than the index (after fees) over a rolling five-year period.

For a copy of the Lonsec report, contact John Clothier, General Manager, Distribution at Copia on +61 408 488 549.

The Lonsec Rating (assigned October 2017) presented on this page is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Vertium Asset Management product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.lonsecresearch.com.au/research-solutions/our-ratings

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