YBR SMARTER MONEY RECEIVES "RECOMMENDED" RATING BY ATCHISON CONSULTANTS
3 May 2013
Yellow Brick Road is pleased to announce that the independent asset-consulting firm, Atchison Consultants, has lifted its investment "rating" on the YBR Smarter Money active cash fund from "Investment Grade" to "Recommended". Since its launch over a year ago, Smarter Money has returned between 7.5% and 7.8% per annum after all fees (depending on the unit class).
According to the release from Atchison Consultants, "The "Recommended" rating on the YBR Smarter Money Fund (the Fund) indicates that the Fund has consistently outperformed the median manager and based on Atchison Consultants assessment and rating criteria Atchison Consultants expect the manager to achieve its objective over a full investment cycle." Atchison Consultants advise a range of large super funds and investment platforms.
Darren Harvey, Executive Director of YBR Funds Management, said, "We have been delighted with Smarter Money's very low volatility performance and growth since inception. This is the third independent recommendation we have received-and Smarter Money is now listed on three investment platforms. We believe Smarter Money has an important role to play to help diversify savers' fixed-income portfolios at a time when the RBA's cash rate is at a record low, and could fall further."
Jake Jodlowski, Principal of Atchison Consultants, said, "The YBR Smarter Money Fund is suitable for investors with an investment horizon of at least 12 months that seek an attractive return above the RBA cash rate. The investment manager has generated superior investment performance versus the median return of the peer group through actively managing the Fund to take advantage of pricing variances and arbitrage opportunities. The fund consists of at-call deposits and term deposits with APRA regulated ADIs and investment grade floating rate notes structured to pay a fixed margin over prevailing bank bill rates."
Matt Lawler, CEO of Yellow Brick Road, said, "As a business, Yellow Brick Road seeks to offer its clients best-in-breed solutions that enhance their life-cycle savings opportunities. Smarter Money is one of those offerings that gives main-street Australians access to wholesale fixed-income investments that are normally only available to the top-end of town."
YBR Smarter Money has an independent responsible entity and custodian, and all unit pricing is independently calculated by the fund administrator, FundBPO. YBR Smarter Money is available through selected financial advisors, Yellow Brick Road branches and online at www.ybr.com.au/savings
For more information, contact:
About Yellow Brick Road
Yellow Brick Road Wealth Management
T 02 8226 8202
M 0414 704 033
E [email protected]
Yellow Brick Road is a group of wealth management and financial services companies headed by Executive Chairman Mark Bouris. Yellow Brick Road offers tailored advice and services to Australians wanting to build financial security for the future. With over 150 branches and licensees nationally and growing, Yellow Brick Road is committed to delivering accessibility, quality financial advice and competition in the market. For more information visit www.ybr.com.au