Ironbark is pleased to announce Lonsec have upgraded their rating of the Fulcrum Diversified Investments Fund (the ‘Fund’) to ‘Highly Recommended’. A very positive outcome that is reflective of Lonsec’s ‘very strong conviction the financial product can generate risk adjusted returns in line with relevant objectives’.
The Fund aims to achieve long-term absolute returns in all market conditions over a rolling five-year period, with lower volatility than equity markets and in excess of inflation. Lonsec noted ‘the Fund’s overall offering including its diversity of return sources and a risk aware investment approach are an attractive proposition for investors and are considered well-managed versus the peer group average.’
Lonsec highlighted the Fund is managed by a ‘high quality investment team led by an experienced Investment Committee with extensive co-tenure’ and described the investment process as ‘intuitively appealing combining macro thematic research alongside behavioural finance ideas and valuation techniques’. Adding it has ‘delivered good outcomes in volatile market periods’.
Fulcrum Asset Management (‘Fulcrum’) were appointed as the Fund’s investment manager late last year and aim to construct a portfolio that complements the core asset classes of equities and bonds as well as traditional multi-asset funds. The strategy employs a combination of Directional, Relative Value and Diversifying strategies, investing globally across equities, fixed income, commodities, alternatives and cash to construct a highly diversified and liquid portfolio with low directional exposure.
Fulcrum’s strategy is focused on generating consistent returns whilst limiting downside risk, with demonstrated success through a range of market conditions, including the financial crisis of 2008 and more recently the COVID pandemic in 2020.
Click here for the latest Fund factsheet.
If you’d like to receive a copy of Lonsec’s report or further information on the Fund, please email us here.
The rating issued 09/2021 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2020 Lonsec. All rights reserved.
Issued by Ironbark Asset Management (Fund Services) Limited ABN 63 116 232 154 AFSL 298626 (‘Ironbark’). Ironbark is the responsible entity for the Fund(s) referred to above. The relevant offer document is available from www.ironbarkam.com/our-funds/ or by calling Ironbark on 1800 034 402. You should consider the offer document before making an investment decision to acquire or to continue to hold units in the Fund. Ironbark and its representatives believe that the information above is correct at the time of compilation, but no warranty of accuracy or reliability given and no responsibility arising in any other way for errors or omissions (including responsibility to any person due to negligence) is accepted by Ironbark. This document contains general information only and is not intended to represent specific investment or professional advice. The information does not take into account an individual’s financial circumstances. Past performance is not indicative of future performance.