Centric Wealth, part of the Findex Group, has announced the inclusion of Vinva Investment Management to its Australian Equities portfolio via the launch of Australian Equities Extension Fund (“the Fund”).
Kieran Canavan, Chief Investment Officer for Findex said that seeding the Fund was consistent with providing the best of breed investment opportunities to investors consistent with the Findex Group core philosophy of non-alignment with fund managers and product providers.
“At Findex, we manage over $8 billion of clients funds across various asset classes. We are committed to providing the best outcome for our clients by offering investment options that are selected after extensive due diligence and a rigorous selection process by our investment committee which includes independent members. “
“The decision to invest with Vinva comes at a time when the sheer number and complexity of investment choices in the market can be daunting to the average investor. However, our analysis has demonstrated that the risk and return attributes of the Vinva strategy are exceptional. “
We believe these returns are derived from Vinva’s unique skill in identifying non-conventional sources of value which are difficult to replicate, and have previously been available to only large institutional investors.
“Vinva has historically performed exceedingly well in all market conditions and is a good diversifier to Australian equity strategies that are tilted to value and quality investment styles.”
The investment strategy of the Vinva Fund is described as “Equitised Long-Short”. The strategy consists of investing in a core exposure of ‘long’ securities and derivative instruments offset at all times with some ‘short’ sales of securities. The universe of investible securities is typically the 200 largest listed companies on the ASX.
The minimum initial investment in the Fund is $5,000 and thereafter in $1,000 increments.
