Grant Samuel Funds Management has made three of its international equities funds available on the mFund settlement service, building on growing investor demand for global equity opportunities.
The funds are:
Munro Global Growth Fund, which aims to provide investors with meaningful, risk-adjusted, absolute returns through exposure to global growth equities over a medium to long-term horizon.
Grant Samuel Epoch Global Equity Shareholder Yield Funds (hedged and unhedged), which aim to deliver attractive total returns with an above-average level of income by investing in a diversified portfolio of global companies with strong and growing free cash flow
The mFund Settlement Service is an ASX initiative that allows investors to buy and sell units in selected unlisted managed funds (mFunds), through a process similar to investing in shares. They can be bought and sold through their ASX stockbroker online or through a financial adviser who uses a stockbroking service on their behalf.
Damien McIntyre, chief executive officer of Grant Samuel Funds Management, says that making the funds available on mFunds brings a number of benefits.
“Recent research has underlined the fact that investors, particularly SMSF investors, are increasingly seeking to invest directly with a fund manager, and using mFunds will help investors achieve this.
“Furthermore, we are seeing a growing interest by Australian investors in international equity investments, and in particular both growth and income-generating investments, which is why we have decided to offer the Munro and Epoch funds via mFunds.
“Adding the Epoch and the Munro funds to the mFunds platform means that investors can more easily access these funds, without having to fill out long application forms. They can also see all their listed and unlisted investments in one place.
“Using mFunds also allows us to work more closely with brokers, who are used being able to apply and settle via CHESS.”
The Munro Global Growth Fund has returned* 29.64% over one year, and 20.84% p.a. since inception in August 2016.
The Grant Samuel Epoch Global Equity Shareholder Yield Fund (unhedged) has returned 6.3% over one year, 3.19% p.a. over three years, 13.13% p.a. over five years and 11.6% p.a. over seven years. The hedged version has returned 3.89% over one year, 4.13% p.a. over three years, 9.81%p.a. over five years and 10.70% p.a. over seven years.
* All performance figures as at 28 February 2018. Past performance is not a reliable indicator of future performance.
Grant Samuel Funds Management (GSFM) was established in July 2007 as a subsidiary of the Grant Samuel Group. In November 2016 CI Financial Corp (CI) purchased an 80 per cent stake in the business. CI is a diversified wealth management firm with fee-earning assets of CAD$186.3 billion (as of 31 December, 2017). GSFM specialises in marketing funds managed by high calibre local and international managers to Australian and New Zealand institutional and Australian retail investors.
Since 2007, GSFM has formed alliances with following investment managers to distribute investment products to Australian and New Zealand clients:
GSFM currently represents $6.5 billion funds under management (as at 31 January 2018). For more information about GSFM please visit the website: www.gsfm.com.au