millinium australian equity income fund receives rating on cnn - 25 feb 2014
DESCRIPTION
Millinium Australian Equity Income Fund Receives Rating on CNNTRANSCRIPT
Home TV & Video CNN Trends U.S. World Politics Justice Entertainment Tech Health Living Travel Opinion iReport Money Sports
SIGN UP | LOG IN
Posted 20 hours ago by
wiseinvest24 Follow
3VIEWS
0COMMENTS
7SHARES
About this iReport
Not vetted for CNN
Location
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.
2
iReport 101About | Blog
Awards
Community Guidelines
Meet the Team
Terms of Use
We are Everywhere
Tumblr
Flickr
Get Help
StoryTelling Toolkit
FAQs
Contact Us
Advertising Contacts
Tools
How to post iReports
CNN Mobile apps
Rare "River" Clouds
By ladylibby
Guardias arremeten en zona
residencial con gases…
By unclaimed
Prueba de la fuerza en
reaidencias familiares en…
By unclaimed
Protesta en Palo Verde 24 de
febrero 2014
By nebadom
Disipacion de protesta con
perdigones
By unclaimed
More iReports you should seeComments (0) Log in to comment
TAGS: funds, sydney, investment, management
What do you think of this story?
Select one of the options below. Your feedback will help tell CNN producers what to do with this
iReport. If you'd like, you can explain your choice in the comments below.
iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the
iReport community guidelines for details about content that is not welcome on iReport.
No comments yet.
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.
Home Video CNN Trends U.S. World Politics Justice Entertainment Tech Health Living Travel Opinion iReport Money Sports
Tools & widgets RSS Podcasts Blogs CNN mobile My profile E-mail alerts CNN shop Site map
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
Terms of service Privacy guidelines AdChoices Advertise with us About us Contact us Work for us Help
CNN en ESPAÑOL CNN México CNN Chile CNN Expansión
العربیة 日本語 Türkçe
CNN TV HLN Transcripts