01 December 2021
Research ratings house Zenith has upgraded the Warakirri Diversified Agriculture Fund to a “Recommended” rating following its most recent research review.
Zenith stated it “believes the Fund could be used to reduce volatility and provide diversification within an investor’s growth-orientated portfolio, whilst also providing attractive returns” and cited that their “conviction in the Fund has increased as the asset book further develops and following the build-out of the investment team” as a reason for the upgrade.
The Fund’s strategy is to own a diversified portfolio of investment grade Australian agricultural assets for the primary purpose of leasing to high quality agricultural businesses who are experts in their field. The Fund currently has direct exposure to farmland, infrastructure and water entitlements, producing high quality Berry, Citrus and Soft Leaf Vegetable products for domestic and international markets, as well as an investment in a market leading livestock feed mill.
There is a compelling case for investors to consider agricultural exposure as part of a well-diversified investment portfolio. Agriculture is supported by a strong, long-term secular demand outlook for Australian agricultural products, and astute investors are being rewarded with top tier investment performance over the long term, with low volatility and low to zero correlation to traditional asset classes.