Boutique Australian equities fund manager Greencape Capital has received two ‘Highly Recommended’ ratings from independent researcher Zenith.
The Greencape Wholesale High Conviction Fund and the Greencape Wholesale Broadcap Fund were upgraded from Recommended to Highly Recommended. The Funds have now received top accolades from the major research houses, with the newly upgraded Zenith rating sitting alongside Lonsec’s “Highly Recommended” rating (Oct-15) and the Morningstar Analyst RatingTM of Gold (Sep-2015).
Based in Melbourne, Greencape is a specialist, active manager of Australian equity portfolios, with over $6 billion in FUM. Its team is focused on identifying investment opportunities through detailed, hands-on, fundamental research and has delivered outperformance in each year since its 2006 inception.
In its product assessments, Zenith said both funds represented appealing, high quality Australian equities offerings, highlighting a strong respect for the boutique manager’s portfolio managers and broader investment team.
Greencape Portfolio Manager David Pace said: “These ratings are testament to our targeted and efficient approach, which has delivered consistent outperformance for investors since 2006.”
The Greencape Wholesale High Conviction Fund offers investors the opportunity to invest in a highly concentrated portfolio of between 15 and 40 stocks and aims to outperform the benchmark S&P/ASX 200 Accumulation Index over rolling three year periods. It has delivered 3.65% per annum (net of fees) outperformance over its benchmark (S&P/ASX 200 Accumulation Index) since inception in 2006 (as at 30 June 2016).
The Greencape Wholesale Broadcap Fund comprises a combination of between 45 and 70 stocks with large, mid and small market capitalisations. It has delivered 3.81% per annum (net of fees) outperformance over its benchmark (S&P/ASX 300 Accumulation Index) since its inception in 2006 (as at 30 June 2016).
