Global asset manager AB (AllianceBernstein) announced today that investment research house Lonsec has assigned a rating to the AllianceBernstein Global Equities Fund.
The Fund takes an active core approach that seeks to emphasise security selection as the expected driver of performance while closely managing systematic risk exposures. The actively-managed, long-only Fund, launched in Australia in July 2015, is run by a stable and experienced team and is based on a strategy which has a track record of more than 10 years of delivering excess returns to clients.
“We are very pleased to receive this rating,” said Jen Driscoll, Chief Executive Officer—Australia. “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 noted that, while the Fund itself has a limited performance track record, the underlying strategy has a “well-established” record. The research house said that other strengths included a stable and experienced investment management team and attractive management fees relative to other core equity strategies rated.
The Fund is designed for equity investors with high risk tolerances who want the potential for long-term capital growth and some income by investing in global equity securities. The Product Disclosure Statement can be accessed here.
