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Plato Investment Management Announces Multiple Research Ratings Upgrades

13 May, 2024

Two Plato Investment Management (Plato) strategies have received ratings upgrades by Lonsec.

The Plato Global Alpha Fund has been upgraded to ‘Recommended’ by the leading research house.

The Plato Global Shares Income Fund has also been upgraded to ‘Recommended’.

About The Plato Global Alpha Fund:

The Plato Global Alpha Fund is a long/short global equities fund which aims to provide investors an all-weather solution that can generate alpha throughout the cycle.

The 150/50 strategy helps amplify opportunities to generate returns from long ideas, while also generating alpha from companies expected to underperform.

The Fund has delivered 18.46% p.a. after fees since inception on 1 September 2021, outperforming its benchmark (MSCI World Net Returns Unhedged Index) by 10.01% p.a. (to 30 April 2024).

Dr David Allen, Plato’s head of long/short strategies and portfolio manager of the Plato Global Alpha Fund commented:

“This thorough research into the Plato Global Alpha Fund validates our conviction in the Fund’s investment process and team. We believe the strategy can help clients generate strong outcomes in all market environments, including the current uncertain global environment by generating alpha through both long and short positions.”

About The Plato Global Shares Income Fund:

The Plato Global Shares Income Fund aims to maximise retirement income, specifically for pension phase investors and SMSFs seeking to diversify their income sources.

The Fund applies Plato’s propriety investment processes to build a diverse portfolio of companies listed in developed markets that targets an income level of greater than 4% above the benchmark.

The Plato Global Shares Income Fund has delivered total income of 5.85% p.a. after fees since inception on 1 March 2016 (to 30 April 2024).

Daniel Pennell, lead portfolio manager of the Plato Global Shares Income Fund commented:

“We thank Lonsec for its research into our global income strategy. We believe global shares play an important role in diversified income portfolios, particularly as many Australian investors crowd into a very concentrated domestic stock market and fixed income solutions for dividends. Both our Australian and Global Equity income strategies provide clients a highly diversified portfolio underpinned by our proprietary dividend rotation strategy and company modelling.”

Plato is a Sydney-based investment management firm with over $15 billion in funds under management. Plato specialises in objective-based global and Australian equity investment solutions for wholesale and retail investors.

The boutique is majority owned by its investment staff and supported by its minority equity partner, Pinnacle Investment Management Limited (ASX: PNI), Australia’s leading multi-affiliate investment management Group.

Plato’s major retail Funds include the Plato Global Alpha Fund, the Plato Australian Shares Income Fund, the Plato Global Shares Income Fund, along with the ASX-listed Plato Income Maximiser Limited (ASX: PL8). It also manages various mandates for large Australian and international institutional clients.

-ENDS-

Plato Global Alpha Fund Platform Availability: AMP North, BT Panorama, CFS FirstWrap, HUB24, Macquarie Wrap, Netwealth, Powerwrap (IDPS only), Praemium
APIR: WHT1465AU

Plato Global Shares Income Fund Platform Availability: AMP North, Asgard, BT Panorama, ClearView WealthSolutions, DPM, HUB24, Insignia Expand, IOOF Portfolio Service, Macquarie Wrap, MLC Navigator, MLC Wrap, Netwealth, Premium Choice
APIR: WHT0061AU

For Investor Enquiries:

distribution@pinnacleinvestment.com

For Media Enquiries:

media@pinnacleinvestment.com

Disclaimers and disclosures:

This document is prepared by Plato Investment Management Limited (‘Plato’) (ABN 77‌ 120‌ 730‌ 136,‌ AFSL 504‌616) as the investment manager of the Plato Global Alpha Fund (ARSN 654 914 048) (‘the Fund’) and the Plato Global Shares Income Fund (ARSN 608‌ 130‌ 838‌) (the ‘Fund’). Pinnacle Fund Services Limited (‘PFSL’) (ABN 29‌ 082‌ 494‌ 362,‌ AFSL 238‌371)‌ is the product issuer of the Funds. PFSL is not licensed to provide financial product advice. PFSL is a wholly-owned subsidiary of the Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22‌ 100‌ 325‌ 184)‌. 

The information is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current Product Disclosure Statement (PDS) and Target Market Determination (‘TMD’) of each Fund and other periodic and continuous disclosure announcements and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.

Neither PFSL nor Plato guarantees repayment of capital or any particular rate of return from the Funds. There can be no assurance that the Funds will achieve investment objectives. The value of units at any point in time may be worth less than your original investment even after taking into account the reinvestment of distributions. Returns are not guaranteed, and you may lose some or all of your money.

The specific risks associated with investing in the Funds, and the risks associated with the Fund’s investments, are discussed in Section 4 of the Product Disclosure Statement. Neither PFSL nor Plato gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this document. All opinions and estimates included in this document constitute judgments of Plato as at the date of website creation and are subject to change without notice.

Past performance is not a reliable indicator of future performance.

Lonsec Disclaimer:

 The Lonsec Ratings (Plato Global Alpha Fund assigned May 2024) (Plato Global Shares Income Fund assigned May 2024) presented in this document are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Ratings are limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Plato product(s), and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

For further information regarding Lonsec’s Ratings methodology, please refer to our website at: https://www.lonsec.com.au/investment-product-ratings/.