Australian Eagle Trust Long-Short Fund (the Fund) has been upgraded to a Recommended rating from Zenith and received an inaugural Recommended rating by Lonsec.
Since inception in July 2016 to October 2021 the Fund has returned 19.33% per annum and has outperformed the S&P/ASX 100 by 8.49% per annum. Since inception the Fund has not had a negative return in a calendar or financial year.
Sean Sequeira CIO Australian Eagle said “The results over more than 5 years for us cements our decision to extend our successful long only capability into the long short space in 2015. We believed that combining our differentiated long only process with customised shorting would allow us to create a product that uses more of our intellectual property. When we look at the results, we would argue that the Fund has delivered on our ambition with increased conviction levels with higher overall portfolio quality exposure. As a result, clients’ have experienced higher returns with broadly similar volatility to our long only fund and Australian equity benchmarks.”
Alan Kwan Senior Portfolio Manager said “The Fund makes great use of our portfolio construction skills, but we don’t lose sight of what we consider our essence. Our investment process is designed to identify, from our perspective, higher quality stocks in the Australian market with unappreciated potential for a re-rating due to medium term improvement in company fundamentals. The Fund allows us to also take advantage of companies which we consider to be lower quality and where we see no medium term opportunities for business transformation.”
Sean Sequeira said “It is wonderful to have the recognition of these highly rated organisations, and we look forward to the opportunity to continue to deliver value to our clients.
Praemium and Mason Stevens platforms add Australian Eagle Long-Short Fund
Praemium has added the Australian Eagle Asset Management’s Long-Short Fund to its platform. The fund has also become available via the Mason Stevens platform.
Earlier, the fund had been added to HUB24, BT, Macquarie and Netwealth platforms.
“You don’t get selected for quality platforms unless advisers are pushing for access via their preferred channels. Australian Eagle is thrilled to be getting this level of market interest. The proof, we believe, is in our consistent above-market returns which the planning industry is recognising,” said Mr Sequeira.