Hamilton12 appoints Apex Group for new fund launch
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Les archives de Maurice Info
Apex Group Ltd announced on the 27th March 2023, its appointment by Hamilton12 to support the launch of their Australian Shares Income Fund.
Hamilton12 focuses on creating systematic, rules-based investment strategies designed to help investors achieve positive risk-adjusted returns at a lower cost. The Hamilton12 Australian Shares Income Fund, launching in March 2023, aims to generate long-term after-tax returns for Australian resident investors in excess of the Benchmark after fees, including an annual gross dividend yield (including franking) that exceeds the gross dividend yield of the Benchmark.
The Fund uses the same systematic, rules-based approach as the Hamilton12 Australian Diversified Yield Index that allocates the portfolio towards Securities offering high franked dividend yield and aims to mitigate risk by ensuring the Fund is diversified across industry sectors.
Apex Group has been appointed to provide Fund Administration, Transfer Agency and Custody services, with K2 Asset Management Ltd acting as trustee to the fund.
Fund administration is at the core of Apex Group’s single-source solution, delivering timely, accurate and independent services, underpinned by market leading technology platforms. According to a recent Total Economic Impact (TEI) report by Forrester Consulting, clients of Apex Group’s single-source solution achieve, on average, cost benefits of $5.39m, with a net present value of $2.75m over a three-year period.
This appointment follows Apex Group’s continued growth in Australia and New Zealand, including the strategic acquisitions of Mainstream Group and MMC in 2022, and new client wins including Yarra Capital Management, Capital Prudential, Foord Asset Management, Octopus Investments Australia, Perennial Partners and New Forests.
Nick Bradford, Head of Business Development, Australia and New Zealand at Apex Group comments:
Richard McDougall, Managing Director and Co-Founder of Hamilton12 further comments: