Investment research house Lonsec has assigned a rating to the AllianceBernstein (AB) Global Equities Fund.
The actively managed, long-only fund seeks to emphasise security selection as the expected driver of performance while closely managing systematic risk exposures, according to a statement by AB.
Launched in Australia July 2015, the fund is run by a "stable and experienced" team and is based on a strategy that has a track record of more than 10 years of delivering excessive returns to clients, the statement said.
AB chief executive for Australia Jen Driscoll said: "We are very pleased to receive this rating.
"We believe the fund, given its high-conviction approach to security selection and its careful management of risk, offers investors a differentiated approach to delivering consistent and competitive investment returns."
Lonsec added that while the fund has a limited performance track record, the underlying strategy has a "well-established" record.
The AllianceBernstein Global Equities Fund is designed for equity investors with high risk tolerances and for those who want the potential for long-term capital growth and some income by investing in global equity securities, the statement said.
Stimulate new ideas. Stimulate new thinking. Top up your CPD points and hear from industry experts with ifa’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD hours. Explore the Knowledge Centre now.
The government has introduced legislation around the adviser disciplinary body into parliament. ...
Marc Bineham, former AFA national president, has launched new book, The Money Sandwich, aimed at helping over-50s better manage their money and retire...
Mayfair founder James Mawhinney has said a new venture he’s offering to investors is within the bounds of the law despite being hit with a 20-year ...