July 23, 2020

July 23, 2020 | Media Releases


Zurich Investments Global Growth Opportunities SMA Receives Lonsec “Recommended SMA” Rating in initial review

Zurich Investments today announced its Global Growth Opportunities Separately Managed Account (SMA) has been recognised by Lonsec with a “Recommended SMA” rating.

The Global Growth Opportunities SMA was launched in August 2019 and is available to Australian financial advisers via the Hub24 platform.

The SMA allows the opportunity for investment in a high conviction growth strategy of up to 22 global securities, selected and managed by American Century Investments (ACI), a long-term partner to Zurich Investments.

Matthew Drennan, Zurich’s Head of Savings & Investments said, “We are delighted that Lonsec has assigned our SMA a Recommended rating in its very first year.

“This is reflective of the strength of the offering, which is underpinned by the  longstanding partnership between Zurich and the highly respected team at American Century.

“We added the SMA structure to our suite of offerings in response to identified demand from advisers for a format that offers more control and transparency for investors, and an easier way to manage their clients’ portfolio,” said Mr Drennan.

The July 2020 Lonsec Rating Report noted, ‘The Model Portfolio is considered to offer investors access to a differentiated ‘growth’ strategy combined with a well-articulated investment process that is led by a capable portfolio management team, particularly CIO and lead Portfolio Manager, Keith Creveling. Lonsec views this highly concentrated, ‘best ideas’ variant favourably given the higher idiosyncratic risk and stronger growth prospects balanced by a process which inherently provides stronger buy and sell disciplines.’

The SMA provides a differentiated and competitive choice to advisers seeking high conviction global investment opportunities for their clients, while enabling increased control and direct ownership of the underlying portfolio holdings.

Zurich Investments continues to review and expand its range of strategies and channels, based on adviser and investor demand.
 

About the Zurich Investments Global Growth Opportunities SMA

The Global Growth Opportunities SMA is made up of 18-22 of the highest conviction stocks from the Global Growth strategy Zurich Investments offers with its strategic investment partner, American Century Investments.  
Current returns for the existing Global Growth portfolios, which are managed by the same team and with the same philosophy as the SMA, have seen consistent strong results with the performance figures to 30 June 2020 in the tables below:

  Returns (%)^
CYTD 1 Year 3 Years
(p.a.)
Inception**
(p.a.)
Zurich Investments Concentrated Global Growth Fund 5.48 14.43 20.46 13.67
Benchmark* -3.60 5.18 10.75 9.33

 

  Returns (%)^
CYTD 1 Year 3 Years
(p.a.)
5 Years
(p.a.)

10 Years
(p.a.)

Inception***
(p.a.)
Zurich Investments Global Growth Share Fund
1.45
8.84
15.22
11.47 13.84 12.92
Benchmark* -3.60 5.18 10.75 9.36 12.35 11.07

 

*MSCI World (ex-Australia) accumulation index in $A (net dividends reinvested)
**Concentrated Global Growth inception is 19 October 2015
***Global Growth inception is 31 August 2009
^Performance is net of fees. Past performance is not a reliable indicator of future results. Source: Zurich Investments.

 

<Release ends>
 

Media Contact
Madden & Assoc.  
Carlotta Vittori
T: +61 449 207 228   
E: carlotta@madden.com.au

 

About the Zurich Group

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 215 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.

About Zurich Investments
Zurich Investments partners with Australian advisers and their clients in strategic wealth creation. For over 40 years Zurich Investments has gained access to exclusive Australian and international partnerships with best-of-breed fund managers across a range of asset classes and management styles.
Today, our suite of funds offers unique choice, diversification and access to Australian advisers and their clients. Our business is an enduring, independent brand in the Australian wealth management market with investments backed by a genuine partnership philosophy. This aligns with the global Zurich purpose to be a mainstay in the wealth creation and life protection of our customers. Further information about Zurich Investments is available at www.zurich.com.au/investments.

Important Information:
The rating issued July 2020 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2020 Lonsec. All rights reserved.