Lonsec’s rating of the RARE Infrastructure Value Fund has been upgraded to “Recommended”*
November 25 2009“Lonsec’s rating of the RARE Infrastructure Value Fund (RIVF or the Fund) has been upgraded to “Recommended”*. This rating is supported by RARE’s clear and consistent investment philosophy, large relative team size, and improvement to its robust and well articulated investment process.
Whilst still a relatively new manager, RARE has maintained a stable investment team since inception. The Manager has a demonstrated a continued commitment to team cohesion and development, evident in recent improvements in staff remuneration schemes and complementary additions to the team since the last review. These improvements have more closely aligned the interests of key staff with those of the Manager, increased the level of accountability for key staff and further reduced key person risk.”
This is an extract from the Lonsec report on the RARE Infrastructure Value Fund. Please click here to read the full report.
* The Lonsec Limited (“Lonsec”) ABN 56 061 751 102 rating (assigned November 2009) presented in this document is limited to “General Advice” and based solely on consideration of the investment merits of the financial product(s). It is not a recommendation to purchase, sell or hold the relevant product(s), and you should seek independent financial advice before investing in this product(s). The rating is subject to change without notice and Lonsec assumes no obligation to update this document following publication. Lonsec receives a fee from the fund manager for rating the product(s) using comprehensive and objective criteria.
