SQM has completed its inaugural rating of the Australian Eagle Trust Long-Short Fund, awarding its superior rating category of 4.25 stars.
The rating indicates that SQM believes the Australian Eagle Fund has substantial potential to out-perform over the medium to long term and that management is of a very high calibre.
SQM also stated that it considers the fund to be suitable for inclusion on most Approved Product Lists (APLs).
Barry Littler, CEO of Australian Eagle Asset Management, said the inaugural rating was very pleasing and that he believed there is a growing market appreciation for long-short strategies that are backed by a solid investment process.
The report noted that the Australian Eagle investment philosophy for long-only investing has been in practice since 2005 when the manager commenced managing institutional mandates and has performed well above benchmark.
Barry Littler also noted that “the long-short product represents a sensible evolution of our long-term process which gives clients access to both outperformance from long stock positions as well as value add from short positions. It is good to see that SQM agreed that the fund displays defensive characteristics and should be a good portfolio diversifier”.
Performance
SQM Disclaimer
The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. 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.
Barry Littler
Chairman/CEO
Australian Eagle Asset Management
North Sydney
Tel: (02) 8252 7559
barry.littler@austeagle.com