eInvest’s active ETF, the eInvest Core Income Fund (Managed Fund) (ECOR) has received a recommended rating from research house, Zenith Investment Partners (Zenith).
Managed by affiliate, Daintree Capital (Daintree), 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 tradable ecosystem in meeting the need of investors who are looking for more easily accessible, transparent and flexible solutions,” says 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 says: “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” says a statement from Zenith.
This article first appeared in ETF Express, here.