Ironbark is pleased to announce that Zenith Investment Partners have awarded the Fiera Atlas Global Companies Fund (the ‘Fund’) with an initial rating of ‘Recommended’. This strong outcome is indicative of Zenith’s conviction that the Fund ‘has a high probability of meeting its stated investment objectives’ and, ‘scores highly across most of Zenith’s key areas of assessment’.
The Fund aims to deliver a compound rate of return greater than 10% per annum, after fees and costs, focusing on long-term capital growth, with lower risk of capital loss than the global equity market, over a full market cycle.
Zenith have described the Fund’s investment process as ‘intuitive and consistently applied’ and acknowledged ‘the impressive performance outcomes of the underlying strategy’ to date. Further noting the Fund has ‘strongly outperformed Zenith’s assigned benchmark and the median manager since its inception. Specifically, the Fund’s performance places it in the first quartile of its peer group over this period.’
The Fund’s strategy is focused on generating high-quality, long-term compound growth, without reference to market benchmarks, whilst limiting risk of capital loss.
The Fund employs a high conviction, long-only stock picking approach that invests in listed shares of 25-35 companies around the globe, companies that Fiera Atlas team considers to be backed by sustainable, diversified cashflows and a higher resilience to market cycles. Zenith believes that ‘Fiera Atlas’ stock selection process provides strong inputs for portfolio construction’, and that ‘the portfolio construction process effectively captures the investment team’s best investment ideas’.
Fiera Capital acquired the Fiera Atlas Global Companies team from AMP Capital in March of this year, appointing Ironbark as their exclusive distribution partner for the Fiera Atlas Global Companies strategy in Australia and New Zealand in July.
If you’d like to receive a copy of Zenith’s report, or further information on the Fund, please email us here.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (AMP7497AU assigned November 2021) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
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 in this document. The relevant target market determination (TMD) and offer document for the Fund(s) is available from www.ironbarkam.com/our-funds/ or by calling Ironbark on 1800 034 402. 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 personal financial circumstances, objectives or needs. Before making an investment decision, you should consider obtaining professional investment advice that takes into account your personal circumstances and should read the current TMD and 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 in this document is correct at the time of compilation, but no warranty of accuracy or reliability is 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. To the extent permitted by law, Ironbark, its employees, consultants, advisers, officers, and representatives are not liable for any loss or damage arising as a result of reliance placed on the contents of this document. While any forecasts, estimates and opinions in this material are made on a reasonable basis, actual future results and operations may differ materially from the forecasts, estimates and opinions set out in this material. No guarantee as to the repayment of capital or the performance of any product or rate of return referred to in this material is made by Ironbark. Past performance is not a reliable indicator of future performance. Any investment is subject to investment risk, including delays on the payment of withdrawal proceeds and the loss of income or the principal invested. This document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. No part of this material may be reproduced or distributed in any manner without the prior written permission of Ironbark.