Montgomery global funds both receive ‘Recommended’ Zenith rating


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December 15, 2016

Montgomery Investment Management (Montgomery) is pleased to announce that Zenith Investment Partners has initiated coverage of the Montgomery global range of funds and awarded each a ‘Recommended’ rating following its 2016 International Shares Review.

Montgomery offers two global strategies – the Montgomery Global Fund is a long-only global equities product and the Montaka Global Access Fund is a long/short global equities product.

Zenith’s Recommended ratings are a great endorsement of the investment team’s success in applying the proven Montgomery high conviction investment approach, founded upon a capital preservation philosophy delivering both strong results coupled with downside protection.

Zenith highlighted in their ‘Recommended’ rating reports, that the Montgomery Global Fund provides investors with a relatively concentrated, currency unhedged, high conviction exposure to global equities.

Zenith believes the Montaka Global Access Fund strategy is equipped to preserve capital through its flexible mandate which allows short selling and the ability to dynamically vary market exposure and leverage.

Zenith stated Montgomery’s investment approach is intuitively appealing and the Funds are an attractive and unique offering driven by a logical investment process.

Commenting on the ‘Recommended’ rating Chief Investment Officer, Roger Montgomery, said: “I am delighted for my colleagues Andrew Macken, Chris Demasi, George Hadija and Daniel Wu to have both strategies recommended by Zenith. This is a wonderful endorsement of our philosophy and for the unique proposition for investors.”

Montgomery’s Global Portfolio Manager Andrew Macken added: “With heightened uncertainty globally creating volatility, investors need an ideal solution to defend their assets across all market cycles. Montaka Global Access Fund has a variable exposure to the market (a range of 30 per cent to 70 per cent net market exposure), and generally deliver a different pattern of returns to traditional asset classes, and as a result usually exhibit no or low correlation with equity market indices.”

“The Funds have an ‘All Cap’ approach and the Montgomery Global Fund is prepared to hold cash. A lack of high quality investment candidates, or a declining margin of safety, will produce an increase in cash to protect investors’ wealth, and this can rise as high as 30% of the portfolio.  Capital preservation is as important to us as it is to our clients.”

The global funds have been added to the IDPS and Super menus on the netwealth platform and Montgomery will be working with other platforms to have the funds added to the investment menu in coming months.

Source: Montgomery Investment Management


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What is Cut + Paste? Cut + Paste contains news releases, statements and other information from organisations active in financial planning and related areas. Its aim is to convey that information to you directly from those organisations. Everything published in Cut + Paste has been curated for its relevance and topicality; otherwise, it is predominantly unedited. The views expressed in Cut + Paste do not necessarily reflect those of Professional Planner. To learn more, please click here.

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