SQM upgrades Trilogy Monthly Income Trust
Specialist research house SQM has upgraded Trilogy Funds’ Trilogy Monthly Income Trust to three and a half stars.
The company said the upgrade had been based on SQM’s analysis that the trust had continued to outperform its peers and benchmark index.
Commenting on the upgrade, Trilogy Funds executive deputy chairman Rodger Bacon referenced the Reserve Bank’s recent decision to further reduce rates and how this would impact investor sentiment.
“With the Reserve Bank’s decision to reduce rates by a further 25 basis points last week, investors will likely be looking at alternatives to conventional cash-based investments, and this trust represents a viable option in a balanced portfolio,” he claimed.
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