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SYDNEY (4 October 2021) – Australian investors will have easy, convenient access to a leading global equities managed fund through the Australian Securities Exchange (ASX) with the listing on Friday 1 October 2021 of the Loomis Sayles Global Equity Fund (Quoted Managed Fund) (ASX: LSGE).
The Quoted Managed Fund is a separate class of units in the unlisted Loomis Sayles Global Equity Fund, which was launched in Australia three years ago in a partnership between global investment manager Loomis, Sayles & Company LP (‘Loomis Sayles’) and Investors Mutual, both affiliates of Natixis Investment Managers.
The Loomis Sayles Global Equity strategy seeks to provide Australian investors with an expertly-selected global sharemarket portfolio through a style-agnostic, flexible approach to investing unconstrained by style, sector, geography, or market-cap, which offers attractive potential opportunities for long-term growth with prudent risk management.
The investment strategy for the Loomis Sayles Global Equity Fund and Quoted Managed Fund is based on an existing United States-domiciled investment strategy with a track record going back to 2004. The Loomis Sayles Global Equity Fund has delivered a return to investors of +22.0% per annum to 31 August 2021 since its inception on 1 November 2018, above the return of 17.2% per annum from the Fund’s benchmark MSCI All Country World Index.* The Australian unlisted Fund will achieve its three-year track record in November 2021.
On the basis of deep, fundamental research, Loomis Sayles Portfolio Managers Eileen Riley, CFA and Lee Rosenbaum invest in quality businesses with strong underlying fundamentals, selecting a concentrated portfolio of high-quality companies with the ability to grow their intrinsic values over time and that are attractively-valued. Risk is managed through a disciplined valuation and scenario analysis framework.
“We’re very pleased to launch the Loomis Sayles Global Equity Fund as an active exchange-traded fund,” said Investors Mutual Head of Retail Wayne McGauley. “Many financial advisers, brokers, and investors are now taking advantage of the ease of access and convenience of investing in leading investment opportunities through the ASX. This shows our commitment to providing advisers, brokers, and investors with that choice and flexibility.”
“Feedback from advisers and brokers has been that the Loomis Sayles Global Equity Fund can play a valuable role in Australian investors’ portfolios. Advisers and brokers want choice. The Fund’s global perspective and distinctive, unconstrained approach delivers a differentiated global equities portfolio which can act effectively as a core holding or blend well with existing active or index investments.” McGauley said.
Investors Mutual CEO Damon Hambly said “The launch of the Quoted Managed Fund represents a further significant step in Investors Mutual’s growth strategy of providing Australian investors, advisers, and brokers with access to the capabilities of Natixis Investment Managers’ affiliate fund managers. We look forward to introducing more of these to the Australian retail market.”
Eileen Riley, CFA, Vice-President and Portfolio Manager for the Loomis Sayles Global Equity Fund, said: “I’m very pleased that Australian investors now have access through the ASX to our portfolio of our best ideas in global equities. We remain focused on identifying companies on the basis of quality, intrinsic value growth, and valuation, to seek to uncover the drivers of long-term outperformance.”
The listed and unlisted unit classes of the Loomis Sayles Global Equity Fund are both available to Australian investors for an ongoing management fee of 0.99% per annum with no performance fee, from 1 October 2021.
The ongoing management fee for the unlisted class of units will be reduced from 1.23% per annum from 1 October 2021, providing a significant benefit for these investors.
Zenith Investment Partners initiated their coverage of the Loomis Sayles Global Equity Fund (Quoted Managed Fund) on Friday 1 October with a ‘Recommended’ rating. Zenith’s conviction in the Fund is underpinned by the experience and long-term working relationship of the portfolio managers and their strong performance track record.
More information about the Loomis Sayles Global Equity Fund (Quoted Managed Fund) and the Loomis Sayles Global Equity Fund is available at loomissayles.com.au
Head of Marketing & Communications – Investors Mutual
0432 287 571 | email@example.com
* Fund returns are calculated net of management fees, and assume all distributions are reinvested. Past performance is not a reliable indicator of future performance.
ABOUT LOOMIS SAYLES
The Loomis Sayles Global Equity Fund (Quoted Managed Fund) and Loomis Sayles Global Equity Fund offer investors a disciplined, bottom-up, unconstrained approach to global equities investing.
Boston-based Loomis, Sayles & Company has been managing money successfully for investors since 1926. The firm currently manages over US $350 billion* on behalf of clients all around the world. With extensive resources across the US, Europe, and Asia, Loomis Sayles has a very strong pedigree to manage global equities on behalf of investors and to continue to deliver sound long-term performance.
*Includes the assets of both Loomis, Sayles & Co., LP and Loomis Sayles Trust Company, LLC. Loomis Sayles Trust Company is a wholly owned subsidiary of Loomis, Sayles & Company, LP.
ABOUT INVESTORS MUTUAL (IML)
Investors Mutual Limited (IML) (AFSL: 229988) is the issuer of and Responsible Entity for the Loomis Sayles Global Equity Fund (Quoted Managed Fund) and the Loomis Sayles Global Equity Fund.
This information is provided for general information purposes only and does not take into account the investment objectives, financial situation or needs of any person. Investors Mutual Limited (AFSL 229988) is the issuer and responsible entity of the Loomis Sayles Global Equity Fund and Loomis Sayles Global Equity Fund (Quoted Managed Fund) (collectively ‘the Fund’). Loomis, Sayles & Company L.P. is the investment manager. This information should not be relied upon in determining whether to invest in the Fund and is not a recommendation to buy, sell or hold any financial product, security or other instrument. In deciding whether to acquire or continue to hold an investment in the Fund, an investor should consider the Fund’s product disclosure statement, available on the website www.loomissayles.com.au or by contacting us on 1300 157 862. Past performance is not a reliable indicator of future performance. Investments in the Fund are not a deposit with, or other liability of, Investors Mutual Limited and are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Investors Mutual Limited does not guarantee the performance of the Fund or any particular rate of return.
Zenith Disclaimer: The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned October 2021) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines
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