Five stars and a recommended title


The Cromwell Phoenix Core Listed Property Fund has received Financial Express' highest rating of five stars, while it also received a ‘recommended' rating from research house, Zenith Investment Partners.
Cromwell's listed property fund produced a return of 23.74 per cent over the past year, and outperformed the index by 5.07 based on our analysis of Financial Express' data.
Cromwell Property Group said the fund focused on large, well-established Australian property security and related sectors, which included infrastructure.
The investment was led by Phoneix Portfolio's managing director, Stuart Cartledge.
Cartledge said he was pleased that the fund was praised by several research houses, especially as it was in its first year and in a tough environment.
The fund had also been given a ‘recommended' rating by Lonsec and was available through the Macquarie Wrap, Netwealth, OneVue, BT and HUB24.
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