Tyndall concentrated fund added to CFS platform

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Colonial First State has added Tyndall AM’s Tyndall Australian Share Concentrated Fund to its FirstWrap platform, demonstrating the strong ongoing adviser and investor demand for high quality, total return equities strategies.

Matt Russell, head of sales and marketing at Tyndall AM, said this is a very quick addition to a platform for a new fund, illustrating the ongoing demand for a concentrated, benchmark-unaware equity investment.

“Our discussions with advisers indicated that their clients are focused on total returns and prefer funds that are managed in a risk-aware manner, rather than looking at performance relative to a benchmark. This was a key driver in our decision to launch this fund to the retail market earlier this year.

“We are also aware that advisers are seeking funds that can be blended together, and offer diversification benefits such as having lower correlation to the market or to each other.

“Because of its concentrated nature and more mid-cap bias, the Tyndall Australian Share Concentrated Fund is proving a very attractive strategy for advisers, and we continue to see a high level of interest from dealer groups in adding the fund to their product lists,” he said.

While the fund was launched to the retail market in May this year, it has been available to institutional and professional investors since 2010.  The strategy underpinning it has a 15-year track record and was originally developed by Tyndall for institutional investor mandates.

The fund’s aim is to provide long-term capital growth and income by investing in a concentrated selection of shares included in the S&P/ASX 200 Accumulation Index.  Since its launch to the retail market, the fund has been rated ‘recommended’ by Zenith.

FirstWrap is a full service wrap platform operated by Colonial First State, providing comprehensive investment choice, convenience and great flexibility.

FirstWrap offers a wide variety of investment options plus some sophisticated tax management facilities across investments, superannuation and pension services.

Tyndall AM is an award-winning Australian investment manager, specialising in Australian shares, international shares, Australian fixed interest, international fixed interest and alternative assets.

As at 30 June 2013, Tyndall AM’s investment teams manage approximately A$23 billion in funds on behalf of retail and institutional investors, private clients, superannuation funds and charitable trusts. 

Tyndall AM is owned by Nikko Asset Management Co., Ltd. (Nikko AM), a leading asset management company headquartered in Asia, with more than A$169 billion in funds under management (as at 30 June 2013).


For more information please contact:

Matt Russell – Phone: 02 8072 6380

2 September 2013