Sydney, Australia (October 6, 2020) – eInvest, a distributor of active ETFs, confirmed that its active ETF: eInvest Core Income Fund (Managed Fund) (Ticker Code: ECOR) has received a recommended rating from top research house, Zenith Investment Partners (Zenith). Managed by affiliate, Daintree Capital, ECOR is one of a suite of three actively managed fixed income ETFs offered through the eInvest team.
Together the suite of actively managed fixed income ETFs aim to provide investors who prefer exchange traded opportunities a choice of conservative to moderately conservative alternatives to cash, term deposits and hybrid holdings, depending on their risk appetite.
“We are very pleased that Zenith has chosen to attribute this rating to ECOR. It’s a great testament that our fixed income offering is important to the ETF market and indeed the greater exchange tradeable ecosystem in meeting the need of investors who are looking for more easily accessible, transparent and flexible solutions” comments eInvest Managing Director, Camilla Love.
eInvest’s investment management partner, Daintree is co-founded and managed by Mark Mitchell, responsible for credit investments, and Justin Tyler, who specialises in interest rates and currency. Mitchell and Tyler are supported by an experienced team of fixed income experts.
In its report, Zenith commented: “Both portfolio managers have deep experience and skills across credit, interest rates and inflation.”
“Zenith believes the Fund (ECOR) may be suitable for those investors seeking a strategy that pays a regular income stream that is at a premium to cash. From a portfolio perspective, the Fund could potentially be used as an exposure to Australian Fixed Interest, and may blend well with a range of complementary strategies to produce a balanced set of investment outcomes” Zenith said.
ECOR is tradeable through your online broker and accessible via various industry platforms.
Press Release Contact
Camilla Love: [email protected]
eInvest is a distributor of Active ETF investments. eInvest provides Australians with access to tradeable investment solutions that are backed by the research, skill and intellectual property of experienced investment professionals. eInvest believes that all Australians should have access to professionally managed solutions in areas where active management can add value.
Daintree Capital is an absolute return fixed income specialist, headed by Mark Mitchell and Justin Tyler. Daintree’s investment philosophy is not constrained by traditional fixed income indices and seeks the flexibility to seek out the best risk adjusted returns available across regions, sectors and securities. Daintree was established in 2017 and now manages over $380m in assets on behalf of retail and institutional clients.
Daintree Capital is the investment manager of the three eInvest active fixed income ETFs: eInvest Cash Booster Fund, eInvest Core Income Fund and eInvest Income Maximiser Fund (Managed Fund) (ECAS, ECOR, EMAX).
Perennial Investment Management Limited (PIML) is the Responsible Entity of the eInvest funds. PIML is a fully owned subsidiary of the Perennial Group. The Perennial Group oversees approximately $6bn in assets.
This has been prepared by ETF Investments Australia Pty Ltd trading as eInvest Australia (‘eInvest’) ABN: 88 618 802 912, as the corporate authorised representative (No: 1261447) of Perennial Investment Management Limited. This media release is for information purposes only. Accordingly, reliance should not be placed on this information as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation. While every effort has been made to ensure the information is accurate; its accuracy, reliability or completeness is not guaranteed. You can download the PDS at www.einvest.com.au
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned <29/09/2020>) referred to in this piece is limited to “General Advice” (s766B 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 and is subject to change at any time without prior notice. 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. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or 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