Equity manager joins CFS FirstWrap platform

Insync business development manager David Johns said the inclusion of its fund on FirstWrap reflects growing investor demand for more choice in international equities managers.

“We are delighted to join Colonial First State FirstWrap in the international equities section and are confident of strong adviser support as they look for potentially better value and diversification offshore,” Mr Johns said.

“Inclusion reflects growing investor demand for more choice in international equities managers by local investors”.

Mr Johns added that the fund invests in global companies with high returns on invested capital, strong free cash flow, solid balance sheets and a long track record of returning cash to shareholders through growing dividends and share buy-backs.

“Global healthcare and consumer brands are well represented in the fund because of the broad appeal of their products in the developed world, plus amongst the emerging middle class in developing countries,” Mr Johns said.

“We also see value in some global manufacturers and IT that are largely unavailable or under-represented for investors in the local market.”

Insync said advisers seeking to blend funds may also find that Insync’s strategy blends well with other international funds and their domestic holdings.