browser icon
You are using an insecure version of your web browser. Please update your browser!
Using an outdated browser makes your computer unsafe. For a safer, faster, more enjoyable user experience, please update your browser today or try a newer browser.

Without reserve: Folkestone Maxim A-REIT Securities Fund rating upgraded

Posted by on 29/06/2018

Schooling: Folkestone Education Trust investments include the Paradise Kids Children’s Centre in Morang. Schooling: Folkestone Education Trust investments include the Paradise Kids Children’s Centre in Morang.
南京夜网

Schooling: Folkestone Education Trust investments include the Paradise Kids Children’s Centre in Morang.

Schooling: Folkestone Education Trust investments include the Paradise Kids Children’s Centre in Morang.

The merger between Winston Sammut’s Maxim entity and Greg Paramour’s Folkestone Group has proved successful with the joint Folkestone Maxim A-REIT Securities Fund being awarded a “Superior” 4 out of 5 star rating from SQM Research, which is an upgrade from 3.75 stars. According to SQM Research, the rating upgrade was “driven by the skills and experience of the core investment team, led by Mr Sammut and and the hiring of Amy Pham as portfolio manager”. Mr Sammut said being a benchmark unaware, high conviction manager of A-REIT securities, it allows the managers to be active and add value in the REIT sector. The fund, which invests in the top tier REITs, including Scentre, GPT Group and Stockland, as well as some of the smaller vehicles, including the associated Folkestone Education Trust, which invests in child care centres South Morang, Vic and Cedar Woods. In the year ended to September 30, 2014, the FolkestoneMaxim A-REIT Securities Fund returned 14.28 per cent, outperforming the S&P/ASX300 A-REIT Index by 200 basis points.

This story Administrator ready to work first appeared on Nanjing Night Net.

Comments are closed.