Global asset manager AllianceBernstein (AB) said today that market support for its AB Managed Volatility Equities Fund continues to grow, with the addition of the Fund to the core model portfolios of investment research house Lonsec.
“We’re delighted with this development, which recognizes the excellent performance of the Fund since inception and reflects strong confidence in the Fund’s investment team,” said Jen Driscoll, AB’s Chief Executive Officer—Australia.
“The recognition is also timely, in our view, given global market uncertainty about the medium- and long-term effects of trade and economic policies expected to be implemented by the incoming US administration.
“This uncertainty strengthens our expectation that market volatility will persist, and the Fund is designed to soften the effect of volatility on investors’ portfolios. Its addition to the Lonsec model will greatly assist in raising awareness of its potential benefits among advisers and investors.”
The Fund, which invests mainly in shares listed on the Australian Securities Exchange, is designed for equity investors seeking lower volatility, reduced downside risk in falling equity markets and the potential for long-term capital growth and some income, including franked Australian dividend income.
Since inception in March 2014, to October 31, 2016, the Fund has delivered total returns1 of 12.05% a year. This equates to annualized outperformance of 7.46% against the Fund’s benchmark, the S&P ASX 300 Franking Credit Adjusted Total Return Index (Tax Exempt)2.
The Fund is rated “Highly Recommended” by Lonsec and “Recommended” by Zenith Investment Partners.
