Insync take Global Titans to mFund
Specialist international equities manager, Insync Fund Managers, announced this week it had made its Global Titans Fund available on the ASX mFund settlement service (mFund).
Announcing the move, the company said it had been in response to a growing demand for international investment by all Australian investors including Self Managed Superannuation Funds (SMSFs).
The announcement said the new product aimed to grow wealth through consistent equity returns whilst protecting investor’s wealth against potential significant downturns.
Insync chief investment officer, Monik Kotecha said that given the nature of the highly concentrated resources and financial sectors in the domestic market the company had concentrated on identifying opportunities that were either unavailable or under-represented in Australia. Examples of these include global healthcare IT, consumer brands, and selective industrials with dominant global market shares to name a few.
“Where the fund is different or unique is that we offer protection or insurance against sudden and significant downturns through the strategic use of index puts to cushion investors through volatile periods,” he said. “This was particularly compelling when we witnessed the extreme volatility associated with the Euro crisis and the US debt debacle where our fund actually increased in value.”
“The minimum investment into Insync’s Global Titans Fund is $10,000 with minimum additional investment of $1,000,” Kotecha said.
Insync Fund Managers has outsourced the fund’s responsible entity role to Select Asset Management - a Foundation Member of mFund.
Recommended for you
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.