24 January 2017
SQM Research (SQM) has awarded a ‘Superior’ rating to the Quay Global Real Estate Fund, managed by Quay Global Investors (Quay).
Quay is a boutique investment manager focused on the preservation and creation of wealth through innovative strategies in global real estate securities. Quay was launched in May 2015 as a partnership with principals Justin Blaess and Chris Bedingfield and Bennelong. Prior to this, the business operated as Quay Real Estate Advisors, which was founded by Justin and Chris in 2013. SQM believes the team is “a highly skilled, motivated and experienced portfolio management team [with] a disciplined approach to research and equity valuation.”
The high investment grade rating defines the Fund as suitable for inclusion on most APLs, according to SQM this means the Fund “outperforms (or is likely to) its peers and benchmark the majority of the time... [and] Management is of a high calibre.”
The Fund aims to generate a real total return of at least 5% above CPI per annum over 5+ years, before fees and costs. It represents an attractive ‘real’ asset class within the international equities universe, and focuses on delivering investors a truly active strategy targeting total return, not beating an index.
SQM states that the Fund is “suitable for investors seeking to benefit from global exposure to property investments, and who are prepared to accept a moderate to high level of risk and volatility of investment returns.”
The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.