EQT funds gets positive Lonsec rating

equity-trustees/lonsec/cent/risk-management/

20 November 2012
| By Staff |
image
image
expand image

Ratings house Lonsec has awarded Equity Trustees Limited's Australian equities fund, the EQT Wholesale Flagship Fund, a "recommended" rating.

The inaugural rating of the fund by Lonsec was released last week and saw the ratings house reference the stability and experience of the EQT team, led by Shaun Manuell, its risk management process, and the fund's long-term performance as reasons for the high rating. 

In doing so, Lonsec described Manuell as "a well considered leader and capable investment professional", and with reference to his team said "the team is of good quality and well experienced".

EQT recently introduced a change to the fee structure for the fund, offering the option of an alternative fee structure with a flat MER and a performance fee of 20 per cent for outperformance of the S&P/ASX200 Accumulation Index. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS