SQM Research (SQM) has maintained its rating for the EQT SGH Wholesale Property Income Fund of ‘Outstanding – 4.5 stars’. The rating remains unchanged from the previous rating awarded in October 2014.
An ‘Outstanding’ rating from SQM is reserved for those funds that are highly suitable for inclusion on Approved Product Lists (APLs).
“The rating awarded is on the back of an experienced and well-resourced team, a consistent and well-structured investment process and an ownership structure which embeds performance alignment between the investment team and investors,” SQM wrote in its rating report.
“The investment team’s strong research association and joint venture arrangement with LaSalle Investment Management is a key advantage of the Fund. This affiliation provides the team with access to a wide range of resources – particularly research detailing domestic and global property securities markets.”
Steve Hiscock Managing Director of SG Hiscock and Portfolio Manager for the Fund said the rating comes at an opportune time for investors.
“The sector has recently experienced a pullback which now means the sector and the Fund are looking attractively valued.”
Eliza Weaving, General Manager of Distribution Partners (Funds Management), at Equity Trustees, said the rating recognises the Fund’s consistent and repeatable investment process.
“The Fund primarily invests in ASX listed Australian Real Estate Investment Trusts (A-REITs). It focuses on a diverse range of quality property securities that typically have lower gearing and higher yields than the index, and where the majority of their earnings coming from rental income.”
“The Fund’s defensive positioning should bode well in the current volatile economic climate.”
For further information:
SG Hiscock & Company
Tel: (03) 9612-4610
Equity Trustees Ltd.
Tel: (03) 8623-5312
“Equity Trustees Limited (‘EQT’) (ABN 46 004 031 298) AFSL 240975 is the Responsible Entity for the fund. This publication provides general information only. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. EQT do not express any view about the accuracy or completeness of information prepared by third parties. Past performance should not be taken as an indicator of future performance. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain a copy of the product disclosure statement before making a decision about whether to invest in this product.”
The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.