Lonsec upgrades rating for Warakirri's Australian Equities Funds

04 October 2022

Lonsec Research has upgraded it’s rating for the Warakirri Ethical Australian Equities Fund and Warakirri Concentrated Australian Equities Fund to “Recommended”.

The funds, who’s underlying investment manager is Northcape Capital (Northcape), provide investors with access to a benchmark unaware, quality-biased Australian equities exposure, investing in companies with sustainable growth profiles at relatively attractive valuations.

Lonsec’s conviction in the funds is underpinned by the Northcape team, who have a long-term track record in managing Australian equity strategies. “The underlying Manager has delivered consistent long-term excess returns over multiple market cycles” the ratings agency said. Lonsec also sees the investment process as a strength which it considers to be based on “rigorous fundamental research, a long-term quality-focused philosophy and disciplined execution that has proven to be repeatable and robust”.

The Warakirri Ethical Australian Equities Fund offers a diversified selection of 25-40 stocks and incorporates an independent and proprietary ethical overlay applied by Warakirri. The Fund invests in companies that operate sustainable businesses that exhibit sound Environmental, Social and Governance practices and in addition, will not invest in companies that have significant business operations in alcohol, armaments, gaming, obesity, tobacco, thermal coal and coal seam gas.

The Warakirri Concentrated Australian Equities Fund provides access to a more concentrated portfolio consisting of the manager’s best ideas, typically holding between 15-30 stocks.

Warakirri News

Warakirri News