Wingate Global Equity Fund added to Macquarie Wrap
Boutique international equities manager, Wingate Asset Management, has had the Wingate Global Equity Fund selected for the Macquarie Wrap platform.
The fund aimed to produce positive superior long-term returns with a strong focus on limiting and reducing downside risk, with chief investment officer, Chad Padowitz, naming it as the perfect fund for investors concerned about taking on risk in the current global environment.
"The Fund offers investors an option that limits downside risk while ensuring they don't miss out on the market's upside," he said.
"At the same time, we seek to provide stable income that is less affected by market volatility than other global equities funds."
According to Padowitz, Wingate has generated between seven and nine per cent per annum in income and used a unique option-based implementation process to ensure downside risk and positive yield results.z
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