Plato Global Shares Income Fund rated highly by SQM
Announcement posted by Plato Investment Management 15 Mar 2016
15 March 2016: The Plato Global Shares Income Fund (“the Fund”) has been given a “Superior” “High investment grade rating” of 4 ¼ stars from independent research company SQM[i].
SQM noted the rating reflects the “highly qualified and deeply experienced portfolio management team” and the “specific dividend capture strategy that is relatively unique to the equity-income category.”
In a strong start to the year the Fund has already delivered 1.7 per cent in net income in its first 3 months, and is well on its way to delivering its target 6 per cent net income in its first year, approximately 4 per cent higher than the typical yield on the MSCI World Ex Australia (global shares) Index.
Plato Managing Director, Dr Don Hamson welcomed the rating which recognises the unique strategy developed for a very specific market. “The Fund has been designed specifically to deliver high levels of income in a sector which is not known for strong income”, explained Dr Hamson. “This suits the needs of retirees who require strong income to fund their retirement needs, but also need the diversification benefits of global equities to reduce the total risk of their investment nest egg”.
The Plato Global Shares Income Fund is available on several platforms, and has been added to a number of Approved Product Lists. For more information, please contact 1300 010 311 or email distribution@pinnacleinvestment.com.au.
Note to Editors:
Dr Don Hamson, Managing Director, Plato Investment Management is available for interview
Media Enquiries:
Louise Nealon, CallidusPR
T: (02) 9283 4114/ 0403 569 177
E: louise@calliduspr.com
About Plato Investment Management
Plato Investment Management Limited (‘Plato’) is an investment management firm specialising in objective-based global and Australian equity investment solutions for wholesale and retail investors. Majority owned and operated by its investment staff, Plato is supported by its minority equity partner, Pinnacle Investment Management Limited, a leading multi-affiliate investment management firm. For more information please visit www.plato.com.au
This communication has been prepared by Plato Investment Management Limited (‘Plato’) ABN 77120730136 Authorised Representative No. 304964 of Pinnacle Investment Management Limited AFSL 322140. Interests in the Plato Global Shares Income Fund Class F (ARSN 608130838 APIR WHT0062AU), Plato Global Shares Income Fund Class A (ARSN 608130838 APIR WHT0061AU), collectively the Plato Funds, are issued by Pinnacle Fund Services Limited (ABN 29 082 494 362 AFSL 238371). The Product Disclosure Statements (‘PDS’) for the Plato Funds are available at www.plato.com.au/retail-funds. Any potential investor should consider the relevant PDS in deciding whether to acquire or continue to hold units in a fund. The issuer is not licensed to provide financial product advice. Please consult your financial adviser before making a decision to invest in a fund.
Disclosure contained in this communication is for general information only and was prepared for multiple distribution. The information in this communication has been prepared without taking account of any person’s objectives, financial situation or needs. Persons considering action on the basis of information in this communication are to contact their financial adviser for individual advice in the light of their particular circumstances. Past performance is not a reliable indicator of future performance.
Any projections and forecasts contained in the information are estimates only. Such projections are subject to market influences and contingent upon matters outside the control of Plato and therefore may not be realised in the future. Returns are not guaranteed. To the extent permitted by law, Plato disclaims all liability to any person relying on the information in respect of any loss or damage (including consequential loss or damage) however caused, which may be suffered or arise directly or indirectly in respect of such information.
SQM noted the rating reflects the “highly qualified and deeply experienced portfolio management team” and the “specific dividend capture strategy that is relatively unique to the equity-income category.”
In a strong start to the year the Fund has already delivered 1.7 per cent in net income in its first 3 months, and is well on its way to delivering its target 6 per cent net income in its first year, approximately 4 per cent higher than the typical yield on the MSCI World Ex Australia (global shares) Index.
Plato Managing Director, Dr Don Hamson welcomed the rating which recognises the unique strategy developed for a very specific market. “The Fund has been designed specifically to deliver high levels of income in a sector which is not known for strong income”, explained Dr Hamson. “This suits the needs of retirees who require strong income to fund their retirement needs, but also need the diversification benefits of global equities to reduce the total risk of their investment nest egg”.
The Plato Global Shares Income Fund is available on several platforms, and has been added to a number of Approved Product Lists. For more information, please contact 1300 010 311 or email distribution@pinnacleinvestment.com.au.
-ENDS-
Note to Editors:
Dr Don Hamson, Managing Director, Plato Investment Management is available for interview
Media Enquiries:
Louise Nealon, CallidusPR
T: (02) 9283 4114/ 0403 569 177
E: louise@calliduspr.com
About Plato Investment Management
Plato Investment Management Limited (‘Plato’) is an investment management firm specialising in objective-based global and Australian equity investment solutions for wholesale and retail investors. Majority owned and operated by its investment staff, Plato is supported by its minority equity partner, Pinnacle Investment Management Limited, a leading multi-affiliate investment management firm. For more information please visit www.plato.com.au
This communication has been prepared by Plato Investment Management Limited (‘Plato’) ABN 77120730136 Authorised Representative No. 304964 of Pinnacle Investment Management Limited AFSL 322140. Interests in the Plato Global Shares Income Fund Class F (ARSN 608130838 APIR WHT0062AU), Plato Global Shares Income Fund Class A (ARSN 608130838 APIR WHT0061AU), collectively the Plato Funds, are issued by Pinnacle Fund Services Limited (ABN 29 082 494 362 AFSL 238371). The Product Disclosure Statements (‘PDS’) for the Plato Funds are available at www.plato.com.au/retail-funds. Any potential investor should consider the relevant PDS in deciding whether to acquire or continue to hold units in a fund. The issuer is not licensed to provide financial product advice. Please consult your financial adviser before making a decision to invest in a fund.
Disclosure contained in this communication is for general information only and was prepared for multiple distribution. The information in this communication has been prepared without taking account of any person’s objectives, financial situation or needs. Persons considering action on the basis of information in this communication are to contact their financial adviser for individual advice in the light of their particular circumstances. Past performance is not a reliable indicator of future performance.
Any projections and forecasts contained in the information are estimates only. Such projections are subject to market influences and contingent upon matters outside the control of Plato and therefore may not be realised in the future. Returns are not guaranteed. To the extent permitted by law, Plato disclaims all liability to any person relying on the information in respect of any loss or damage (including consequential loss or damage) however caused, which may be suffered or arise directly or indirectly in respect of such information.
[i] 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.