millinium australian equity income fund receives rating on cnn - 25 feb 2014

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Millinium Australian Equity Income Fund Receives Rating on CNN

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Page 1: Millinium australian equity income fund receives rating on cnn - 25 feb 2014

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BRISBANE, QLD, Australia

Millinium Australian equityincome fund receives ratingBy w iseinvest24 | Posted 20 hours ago | BRISBANE, QLD, Australia

Millinium Capital Managers' MSF Dividend Income Option has received an "A"

rating from van Eyk Research in its Australian Equities Income Review.

The Fund has been a stand-out performer in the Australian equity space,

returning 39.2% over the 12 months to 31 December 2013.

"Key to the Fund's approach is the quality of our screening process for

choosing income stocks and the sophisticated approach to controlling risk,"

Millinium Capital Managers chief investment officer Mark Phillips said.

Since the Fund's inception in July 2009, it has averaged a total return of

23.7% per year, compared to 11.7% for the S&P/ASX200 Index.

The MSF Dividend Income Option invests in ASX-listed companies which

Millinium judges to have sound and profitable businesses with limited

downside risk. The investment team is led by Neill Colledge, who previously

managed $11 billion in Australian Equities for the Queensland Investment

Corporation and outperformed the S&P/ASX 200 index over eight years.

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Page 2: Millinium australian equity income fund receives rating on cnn - 25 feb 2014

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He said: "We firmly believe that the first rule of investing is not to lose money,

so the Fund usually has lower volatility and a lower beta than the market."

Despite being an income-focused fund, the MSF Dividend Income Option

significantly outperformed all other Australian share strategies in a recent

Morningstar survey. The Fund's 39.2% total return for the 12 months to

December 2013 was 4.6 percentage points ahead of its nearest competitor.

The Fund is open to retail, wholesale and institutional investors.

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