GSFM adds new funds to ASX

GSFM Grant Samuel Funds Management launch ASX global equity

9 March 2018
| By Oksana Patron |
image
image
expand image

Grant Samuel Funds Management (GSFM) has added three of its international equities funds to the Australian Securities Exchange (ASX) mFunds settlement service.

The added funds were: the Munro Global Growth Fund, which aimed to provide risk-adjusted absolute returns through exposure to growth equities over a medium to long-term horizon, and Grant Samuel Epoch Global Equity Shareholder Yield Funds (hedged and unhedged), which aimed to deliver returns with an above-average level of income by investing in a portfolio of global companies with strong and growing free cash flow.

The Munro Global Growth Fund returned 29.64 per cent over one year and 20.84 per cent since inception in August, 2016, while the Grant Samuel Epoch Global Equity Shareholder Yield Fund (unhedged) returned 6.3 per cent over one year and 3.19 per cent over three years, respectively.

The hedged version of the fund returned 3.89 per cent over one year and 4.13 per cent over three years.

GSFM’s chief executive, Damien McIntyre said: “Recent research has underlined the fact that investors, particularly self-managed superannuation fund investors, are increasingly seeking to invest directly with a fund manager, and using mFunds will help investors achieve this.

“Furthermore, we are seeing a growing interest by Australian investors in international equity investments, and in particular both growth and income-generating investments, which is why we have decided to offer the Munro and Epoch funds via mFunds.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 3 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 18 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 22 hours ago