We are pleased to announce that Lonsec has upgraded the Chester High Conviction Fund to its highest rating, "Highly Recommended."
In its report, Lonsec stated, “The rating is underpinned due to increased conviction in the process which has generated persistent alpha since inception and is supplemented by conviction in Portfolio Manager, Rob Tucker, and the investment team, who are well-aligned with end-investors.”
Key findings include:
“The Fund has generated strong performance outcomes relative to the benchmark and versus peers over the long term.”
“The Manager has demonstrated a willingness to utilise the full suite of risk management tools at its disposal to protect the Fund on the downside.”
“Strong boutique culture which promotes a high degree of alignment of interests with end investors.”
Rob Tucker said “We are proud to have received this rating which underscores the strength of our investment process and the dedication of our team. It is a testament to our focus on delivering consistent, long-term results for our investors.”
About the Fund
The Chester High Conviction Fund is an Australian equities fund that focuses on a concentrated portfolio of high-conviction stocks, aiming to outperform the S&P/ASX 300 Total Return Index.
Established on a strategy over 10 years strong, the Fund has demonstrated success with a seven-year track record and now manages over $1 billion in funds under management (FUM).
For more information, or to obtain a copy of the report, please contact the Copia Distribution Team.
The rating issued October 2024 APIR OPS7755AU is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.
Past performance is not a reliable indicator of future performance. Returns greater than 1 year are per annum. The total return performance figures quoted are historical, calculated using end-of month mid prices and do not allow for the effects of income tax or inflation. Total returns assume the reinvestment of all distributions. The performance is quoted net of all fees and expenses. The indices do not incur these costs. Inception of the Chester High Conviction Fund for performance calculation purposes is 8 October 2013 (based on the underlying High Conviction strategy returns). The inception of the Unit Trust is 27 April 2017.
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