June 27, 2019
June 27, 2019 | Investments Insightz
A moment with Matthew Drennan
Welcome to the Zurich Investment Insightz newsletter for June 2019.It’s been a little over 12 months since I returned to Zurich Investments and I am pleased to be able to say we are tracking well against our growth strategy. I wanted to update you on some of the recent key achievements and upcoming product initiatives we are currently undertaking.
Welcome to the Zurich Investment Insightz newsletter for June 2019.
It’s been a little over 12 months since I returned to Zurich Investments and I am pleased to be able to say we are tracking well against our growth strategy. I wanted to update you on some of the recent key achievements and upcoming product initiatives we are currently undertaking.
Our AREITs partnership with Renaissance Asset Management continues to go from strength to strength, with the Zurich AREITs Fund retaining its Gold Analyst Rating in the latest Morningstar Global Fund Report, dated 15 June 2019. Some of the key highlights from the report include:
“Few can match Renaissance’s understanding of property companies, making this fund an outstanding A-REIT option for long-term investors.” And “The pair consistently offers unique insights, and is diligent in gauging management, properties, and industry trends”.
Find out more about how you can recognise value in AREITs here.
We are also excited to share the news that our Zurich Investments Global Growth fund offering is expanding. In July 2019 we expect to launch a Separately Managed Account (SMA) in partnership with both American Century and HUB24, made up of 18-22 of the highest conviction ideas from the Zurich Investments Global Growth portfolio. Those of you who have followed our Concentrated Global Growth Fund know its outperformance has been stellar since its launch, returning nearly 4%pa over benchmark*. The launch of a slightly more concentrated version of this fund as an SMA allows investors to access this manager’s outstanding expertise while gaining the benefits of an SMA structure such as full portfolio transparency, tax optimisation and customised stock exclusions if desired. Speak to your Zurich representative today to find out more and look out for it on Hub24 soon.
Also in this edition we look at how to find opportunities in a slowing growth environment, and hear from our partner Lazard Asset Management on their sustainability framework. Plus we have our regular market update. Highlights include the re-emergence of an interest rate easing bias across many western economies and the realisation from central banks that capacity utilisation is still well below levels likely to generate any inflationary pulse. As a result, the current low interest rate environment is likely to persist for a long while to come, supporting growth assets as long as solid earnings persist.
*12.02% (Zurich Investments Concentrated Global Growth Fund) vs 8.05% (MSCI World ex-Australia Accumulation Index in A$ [net dividends reinvested]). Performance reported in A$ since inception (October 2015) to 31st May 2019. Fund performance is stated net of all fees and is based on compound rates of return calculated on exit prices and assume reinvestment of distributions. Past performance is not a reliable indicator of future performance.
Important information: The content of this publication are the opinions of the writer and is intended as general information only which does not take into account the personal investment objectives, financial situation or needs of any person. It is dated June 2019, is given in good faith and is derived from sources believed to be accurate as at this date, which may be subject to change. It should not be considered to be a comprehensive statement on any matter and should not be relied on as such. Zurich Investment Management Limited ABN 56 063 278 400 AFSL 232511 of 5 Blue Street North Sydney NSW 2060, nor any of its related entities, employees or directors (Zurich) give any warranty of reliability or accuracy nor accept any responsibility arising in any way including by reason of negligence for errors and omissions. Zurich recommends investors seek advice from appropriately qualified financial advisers. Zurich and its related entities receive remuneration such as fees, charges and premiums for the financial products which they issue. Details of these payments can be found in the relevant fund Product Disclosure Statement. No part of this document may be reproduced without prior written permission from Zurich.
Past performance is not reliable indicator of future performance. GINN FVHHKJ.00012.ME.036. DFOY-014728-2019
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