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SQM Research Ratings Update - Wednesday 11th May, 2016
Property Valuations
Research Reports
Discounted/Distressed Properties
Funds Research
Ratings Table

To see the entire table of SQM Research's fund ratings, click HERE

(Please note: In order to view individual ratings reports you must be subscribed to SQM Research Ratings research. To subscribe, click HERE)

 


SQM Ratings Update

 
                 


SQM Research today released two rating reports as part of its 2015 equities review. 
 

The Allan Gray Australia Equity Fund invests in Australian equities and seeks higher returns than its benchmark, the S&P/ASX 300 Accumulation index, without greater risk of loss over the long term. The Fund is an all-cap long only strategy. Generally, the manager’s process results in a value style as measured by metrics such as beta but given its’ deep contrarian approach, the strategy can look more like a high growth portfolio as was the case in 2009 when the portfolio manager capitalised on the market rebound during the GFC (global financial crisis).

The Fund has achieved a rating of 4¼ (4.25) stars , as described below:
Star Rating                 4¼ stars
Description                 Superior
Definition                    Suitable for inclusion on                                                                            most APLs
Investment Grading  High Investment Grade                                                                              Rating


                                              ********

The Allan Gray Australia Opportunity Fund is a differentiated Australian investment fund that holds cash (bank term deposits) in a range of 100% (as the default) to 50% of the fund and invests in equities directly using the manager’s tested contrarian equities strategy. The portfolio manager is Simon Mawhinney, who is also the lead portfolio manager for the flagship Australia Equity Fund.

The Fund has achieved a rating of 4¼ (4.25) stars , as described below:
Star Rating                 4¼ stars
Description                 Superior
Definition                    Suitable for inclusion on                                                                            most APLs
Investment Grading  High Investment Grade                                                                              Rating


To access ratings reports, please click HERE.
 
About SQM Research
 
SQM Research Pty Ltd is an independent investment ratings and forecasting research house covering all asset classes. SQM Research also supplies residential property data and property related reports and guidance to financial institutions, property developers and real estate investors.
 
For more information please visit
www.sqmresearch.com.au
 

Research Methodology


In general, the assessment approach adopted by SQM Research incorporates a combination of qualitative and quantitative research techniques to assess property investment products.
 
Information generated is passed through the SQM Research assessment model at the completion of the assessment process. The assessment model generates a product score, which correlates to a specific star rating (out of a maximum of five stars). Each star rating covers a scoring range, allowing products to be ranked within quarter star increments.
 
Following are descriptions for each of the star ratings, which have been developed as a guide for dealer group research teams and investment committees:

4.5 stars and above – Outstanding. Highly suitable for inclusion on APLs.
4 stars to 4.25 stars – Superior. Suitable for inclusion on most APLs.
3.75 stars – Favourable. Consider for APL inclusion.
3.5 stars – Acceptable. Consider for APL inclusion, subject to advice restrictions.
3.25 stars – Caution required. Not suitable for most APLs.
3 stars – Strong caution required. Not suitable for most APLs.
Below 3 stars – Avoid or redeem. Unapproved.
Hold – The rating is currently suspended until SQM Research receives further information. A rating is typically put on hold for a period of 2 days to 4 weeks.
Withdrawn – The rating is no longer applicable.
Significant issues have arisen, and investors should avoid or redeem units in the fund.

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