The DNR Capital Australian Equities High Conviction Portfolio and Fund1 have been upgraded to Highly Recommended by leading research house, Zenith.
“Zenith’s strong conviction in the Portfolio is underpinned by DNR Capital’s robust investment process and high calibre investment team. Zenith believes the Portfolio- represents one of our premier investment options within the Australian shares asset class,” Zenith said in its report.
“We are delighted to receive this upgrade and recognition that our high conviction approach to investing provides strong results for investors,” DNR Capital’s Chief Investment Officer, Jamie Nicol, said.
“We are also pleased that Zenith have commended our collegiate investment process, which is conducted by myself and Scott Bender,” he added. “We have both been at DNR Capital for more than two decades and I believe this experience and stability makes a difference to our investors.”
Offering investors a concentrated portfolio of its highest conviction stocks, the DNR Capital Australian Equities High Conviction Portfolio has posted an annualised return of 12.16% since its inception in October 2002, outperforming the S&P/ASX Total Return Index by 3.13%2 per annum.
“Zenith believes that DNR Capital’s portfolio construction process ensures that the Strategy has a bias towards high-quality companies,” Zenith said.
“Zenith draws a high degree of confidence in DNR’s investment process, which has been consistently applied over the long term, producing impressive investment outcomes. “
The DNR Capital Australian Equities Socially Responsible Portfolio and the DNR Capital Australian Equities Income Portfolio and Fund3 retain their Recommended ratings from Zenith.
1 DNR Capital Australian Equities High Conviction Fund, ARSN 604 465 849, APIR PIM0028AU.
2 Performance for the DNR Capital Australian Equities High Conviction Portfolio and is gross of fees as of 31 May 2024. Past performance is not indicative of future performance.
3 DNR Capital Australian Equities Income Fund, ARSN 639 285 902, APIR PIM8302AU.
IMPORTANT NOTE: This media release has been prepared and issued by DNR Capital Pty Ltd, AFS Representative – 294844 of DNR AFSL Pty Ltd ABN 39 118 946 400, AFSL 301658 as the investment manager of the DNR Capital Funds. The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL No 235150 (as part of the Perpetual Limited group of companies) is the responsible entity and issuer of units in DNR Capital Funds. It is general information only and is not intended to provide you with financial advice and has been prepared without taking into account your objectives, financial situation or needs. You should consider the product disclosure statement (PDS) for the relevant DNR Capital Fund, prior to making any investment decisions. The PDS and target market determination (TMD) can be obtained for free by calling DNR Capital on 07 3229 5531 or by visiting the Fund website dnrcapital.com.au/invest. If you require financial advice that takes into account your personal objectives, financial situation or needs, you should consult your licensed or authorised financial adviser. This information is only as current as the date indicated and may be superseded by subsequent market events or for other reasons. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. All investments contain risk and may lose value. Neither DNR Capital nor any company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor’s capital. Neither DNR Capital nor Perpetual give any representation or warranty as to the reliability or accuracy of the information contained in this communication. Total returns shown for the DNR Capital Funds are calculated using exit prices after considering all of Perpetual’s ongoing fees and assuming reinvestment of distributions. No allowance has been made for taxation. Past performance is not indicative of future performance.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned to the DNR Capital Australian High Conviction Portfolio 06/2024, the DNR Capital Australian High Conviction Fund 06/2024, the DNR Capital Australian Equities Socially Responsible Portfolio 06/2024, the DNR Capital Australian Equities Income Portfolio 06/2024, and the DNR Capital Australian Equities Income Fund 06/2024) referred to in this communication 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, including target markets of financial products, where applicable, 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 Fund Research Regulatory Guidelines.