Copia Investment Partners today announced the ECP Growth Companies Fund has received a “Recommended” rating, in its first review by Zenith.
The Fund offers investors a concentrated and benchmark-unaware exposure to Australian shares (typically 25 – 30 stocks) and is managed by Sydney-based ECP Asset Management. Copia distributes the Fund through an agreement signed November 2019.
The Fund was launched in January 2020 and is based on ECP’s institutional ‘All Cap’ investment strategy, which has returned 11.7% per annum (after fees) since inception in July 2012, 4.9% ahead of the S&P/ASX 300 Accumulation Index.
The All Cap strategy is in turn based on a similar strategy managed by ECP’s founders in a previous investment firm, dating back to 1996.
In its Report, Zenith believes “the Fund offers investors a differentiated exposure to the Australian equities sector.”
The investment team’s “collective experience and depth is viewed positively”, while ECP founder Manny Pohl is held “in high regard, noting his history in building a successful funds management business and impressive investment track record.”
John Clothier, Copia General Manager Distribution said “we are excited by the opportunity to offer Australian financial advisers ECP’s compelling investment capability that’s proven itself over 24 years, backed with a Zenith Recommended rating.”
The Fund is currently listed on HUB24 platform, with Copia set to announce several more platform placements over coming months.
The Report also states that Zenith believes “ECP follows a transparent portfolio construction framework, which gives rise to a high level of consistency and repeatability of investment outcomes.”
Dislaimer: The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned <date/year>) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines