22 Aug 2014 - Fund Review: Insync Global Titans Fund July 2014

By: Australian Fund Monitors

INSYNC GLOBAL TITANS FUND

Attached is our most recently updated Fund Review on the Insync Global Titans Fund.

CPD Points are now available for all AFM Fund Reviews. Read the review and answer 5 questions to earn half a point toward your continuing professional development.

We would like to highlight the following:

The Fund has performed slightly ahead of the ASX over longer time frames. Since inception (Oct '09) the Fund has returned an annualised return of 9.50% against 8.14% for the ASX 200 Acc. The fund performed well from June '11 to June '12 and then lagged slightly for some months due to the market's preference for more cyclical stocks. Since October '12 performance has been below the domestic and global indices.
In line with the Fund's emphasis on capital protection, the largest single month decline of 3.23% and largest drawdown of 4.39% as compared to 7.51% and 15.13% respectively for the ASX. This emphasis is also reflected in the low annualised standard deviation of 8.34% versus 11.83% for the ASX. The emphasis on capital preservation is seen in the Fund's stability over the period and March to June 2010 and April - Sept 2011 .

The Global Titans Fund invests in a concentrated portfolio of 15-30 stocks, targeting exceptional, large cap global companies with a strong focus on dividend growth and downside protection.
Portfolio selection is driven by a core strategy of investing in companies with sustainable growth in dividends, high returns on capital, positive free cash flows and strong balance sheets.
Emphasis on limiting downside risk is through extensive company research, the ability to hold cash and long protective index put options.

For further details on the Fund, please do not hesitate to contact us.

Sean Webster
Research Manager
Australian Fund Monitors

Attached Files:

Insync Global Titans Fund July 2014 (pdf format)

Fund Monitors Pty Ltd

22 Aug 2014 - Fund Review: Insync Global Titans Fund July 2014