14 February 2012
Third Link Growth Fund (Third Link) has invested $3.5m in the Bennelong ex-20 Australian Equities Fund (the Fund). Following a small initial investment of $50,000 in January, Third Link has injected a further $3.45m into the Fund.
Chris Cuffe, Company Director and Investment Manager of Third Link said, "The Bennelong ex-20 Australian Equities Fund harnesses the investment potential that lies within the ASX300, but outside the top 20 stocks. This is a refreshing approach which complements and strengthens our existing offer."
The Fund is managed by Bennelong Funds Management boutique manager, Bennelong Australian Equity Partners (BAEP), which is headed up by Paul Cuddy and Mark East.
"We consider a number of attributes in our process of selecting managers to invest with," said Chris. "BAEP's extensive working history, strong performance and impressive methodology - combined with the unique approach of the ex-20 fund - are what set them apart".
Third Link provides investors with an opportunity to participate in a professionally managed investment with unique access to some of Australia's best fund managers. Importantly, all fees received by the investment manager from managing the investments, net of expenses incurred, go to support the non-profit sector. The name ‘Third Link' pays homage to this important connection between the non-profit sector (often referred to as the ‘third' sector) and investors.
Third Link's philosophy aligns with Bennelong's genuine philanthropic agenda, which is demonstrated through their ongoing support of and alignment with the Bennelong Group's charitable arm, the Bennelong Foundation.
The Bennelong Foundation
The Bennelong Foundation aims to enhance community wellbeing and provide opportunities for positive and lasting change in our community, through partnering pro-active social ventures. The Foundation is funded by profits generated by the Group's businesses. Since the Foundation was established in 2002/03, it has made grants of over $5 million.