Zenith see opportunities in small companies
|
|
Only two products have warranted a 'highly recommended' assessment from ratings house Zenith in its 2010 Australian Small Companies Review.
Zenith rated only the Ausbil — Australian Emerging Leaders Fund and the Eley Griffiths Small Companies Fund as 'highly recommended', with 10 other funds gaining a 'recommended' rating.
The 12 funds to gain 'highly recommended' or 'recommended' ratings from Zenith were chosen from 43 funds covered by the ratings house.
Commenting on the sector review, Zenith’s head of research, Ben Davis, said a key trend in the sector had been the rising level of specialising in each of the segments.
He said this had served to provide a wider range of portfolio construction applications for retail investors.
AUTHOR
Mike Taylor
Recommended for you
The financial advice industry has enjoyed another week of strong new entrant numbers, totalling nearly 40 for the past fortnight, thanks to the latest exam passes.
Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.
Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young for $4.2 million.
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
