VanEck’s ETF ‘highly recommended’ by Lonsec
VanEck’s MSCI World ex Australia Quality exchange traded fund (ETF) (QUAL) has received a ‘highly recommended’ rating from Lonsec.
The research house praised the fund for its ability to generate risk-adjusted returns in line with relevant objectives.
QUAL, which was launched in October 2014, invested in a portfolio of quality international companies listed on exchanges in developed markets around the world (ex Australia) and tracked the performance of the MSCI World ex Australia Quality Index with net dividends reinvested.
According to Lonsec, the fund was the “largest ETF by market capitalisation in Lonsec's global equity 'smart beta' peer group with a resultant uplift in relative liquidity and narrower bid/ask”.
"We are delighted that QUAL has received a 'Highly Recommended’ rating from Lonsec. Through a single trade on the ASX, Australian investors can access a portfolio of 300 quality international companies and achieve attractive risk-adjusted returns, with the potential for outperformance,” managing director VanEck Australia, Arian Neiron, said.
"Since its inception on 29 October 2014, QUAL has outperformed the standard industry international equity benchmark, the MSCI World Ex Australia Index by 2.43 per cent p.a."
AUTHOR
Oksana Patron
Recommended for you
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
Responsible investment performance concerns have lessened as the market hits $1.6 trillion in AUM, according to RIAA’s annual report, but greenwashing fears among asset managers are on the rise.
