Morningstar Awards Millinium Fund 5 Stars

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Millinium Capital Managers Limited’s Multi-Strategy Income Option continues to deliver outstanding performance in the Morningstar Multi-Sector Balanced category having been awarded a 5-Star rating.

Millinium's Multi-Strategy Income Option is ranked No. 1 out of 81 highly regarded Australian and International Fund Managers and is one of the more “benchmark-unconstrained managers, said Mark Phillips, CIO of Millinium, as it does not track indices when constructing portfolios."

Mr Phillips states “that this fund, along with our cash, equities and fixed interest products reflects our approach to investing, by focusing on increasing the absolute level of investor wealth while limiting exposure to capital loss, regardless of market conditions with the financial needs of the investor in mind."

"Our Head Of Equities, Neill Colledge, is responsible for the strategy and direction of our equities portfolio and has been highly recognised for his outstanding ability to construct portfolio strategy, continuing his success from his time at QIC where he was responsible for the management of an Australian equities fund of $11 billion which outperformed the S&P/ASX 200 Accumulation Index over 8 years."

Millinium’s Multi-Strategy Income Option returned 10.62% in the last 6 months, and has returned 17.74% for the 12 months to 31 March 2013, continuing to be the top performing fund since its inception. Millinium’s Multi-Strategy Income Option is a fund that gives investors exposure to a diversified portfolio of investments in the top ASX 200 listed securities, fixed interest, income yielding investments with some cash and other liquid assets, selected by its investment manager, Millinium Capital Managers Limited.

"One of the real lessons from the last few years is the role fixed interest plays in lowering risk in a portfolio which compliments Neills' equities selection. Millinium's approach has been able to deliver investors a defensive and well diversified portfolio at low cost," said Mark Phillips.

"I’m delighted for the whole team.. We look to generate consistent performance, rather than large profits one year and large losses the next by focusing on a relatively small number of investments which we have researched extensively and we select investments based on their ability to maintain their capital value and deliver a stable income stream within the defined risk parameters."

The company also advises that before anyone invests in these instruments, they should familiarise themselves with the risks as the returns are not guaranteed and should not be taken as a reliable guide to future performance.

Investing in Millinium's Multi-Strategy Income Fund can only be made by completing an application form attached to a current PDS and submitting it to their Sydney office. Investors should consider the relevant PDS before investing. The PDS may be amended, withdrawn or replaced without notice.

Contact Info:
Name: Armand
Email: Send Email
Organization: Millinium Capital Managers Limited
Address: Level 22, 300 Queen St., BRISBANE, QLD. 4000 AUSTRALIA
Phone: 07 3405 9693
Website: http://www.millinium.com.au

Release ID: 10372

CONTACT ISSUER
Name: Armand
Email: Send Email
Organization: Millinium Capital Managers Limited
Address: Level 22, 300 Queen St., BRISBANE, QLD. 4000 AUSTRALIA
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