Alan has experience across private markets, wealth management and asset consulting. His most recent position was investment analyst at Atchison, prior to that he was an analyst within the capital market division at Escala Partners.
Mr Rundell said, “We are pleased to welcome Alan to the Mutual Limited team. His technical expertise and experience will be critical for our active management approach, particularly as we are seeing increased investor demand for defensive allocations in portfolios.”
Alan has a Master of Commerce from Deakin University majoring in Accounting and Finance and a Bachelor of Medical Radiations in RMIT University. Alan is currently a level II CFA Candidate.
The latest appointment builds on the recent announcement that the Mutual Wholesale Income strategy has been added to FirstChoice’s Investment and Super & Pension platform menus.
The strategy gains exposure to the Mutual Income Fund, which seeks to provide a reliable income for investors and a high level of capital preservation by investing in a portfolio of Australian bank senior and subordinated floating rate notes, with a concentration to the Big four banks.
The Mutual Income Fund celebrated its 10-year anniversary in April 2023 and has returned 2.52% p.a.net of fees since inception to May 2023, exceeding the Bloomberg AusBond Bank Bill Index return of 1.71% p.a. The Fund’s current yield to maturity is 5.48%* before fees, and its performance has been bolstered by successive interest rate hikes.
Mutual Limited is an Australian-owned cash, credit and fixed income investment manager with $2.6 billion under management. Its four funds are distributed by Copia Investment Partners.
* 5.48% running yield is gross of fees as at 26 June 2023
This information has been prepared by Copia Investment Partners Limited (AFSL 229316 , ABN 22 092 872 056) and Mutual Limited (“Mutual”) ABN 42 010 338 324, AFSL 230347), the Responsible Entity and issuer of the Mutual Cash Fund, Mutual Income Fund, Mutual Credit Fund and Mutual High Yield Fund. This document provides information to help investors and their advisers assess the merits of investing in financial products. We strongly advise investors and their advisers to read information memoranda and product disclosure statements carefully and seek advice from qualified professionals where necessary. The information in this document does not constitute personal advice and does not take into account your personal objectives, financial situation or needs. It is therefore important that if you are considering investing in any financial products and services referred to in this document, you determine whether the relevant investment is suitable for your objectives, financial situation or needs. You should also consider seeking independent advice, particularly on taxation, retirement planning and investment risk tolerance from a suitably qualified professional before making an investment decision. Neither Copia Investment Partners Limited, nor any of our associates, guarantee or underwrite the success of any investments, the achievement of investment objectives, the payment of particular rates of return on investments or the repayment of capital. Copia Investment Partners Limited publishes information in this document that is, to the best of its knowledge, current at the time and Copia is not liable for any direct or indirect losses attributable to omissions from the document, information being out of date, inaccurate, incomplete or deficient in any other way. Investors and their advisers should make their own enquiries before making investment decisions. © 2022 Copia Investment Partners Ltd.