Aussie asset manager Talaria Asset Management to launch active ETFs
Boutique Australian asset manager Talaria Asset Management will launch its Global Equity and Global Equity - Currency Hedged Funds as active ETFs on the Chi-X Exchange in November 2021, writing that this will give investors access to both listed and unlisted versions of the funds.
The firm writes that Talaria’s Global Equity Funds offer investors exposure to a diversified portfolio of 25-40 large cap global equities, returning a high and reliable income stream with greater certainty and less market volatility.
Using a unique investment process that includes bottom-up fundamental research, a focus on value and options to generate consistent and differentiated income, Talaria has delivered consistently strong risk adjusted returns since its inception.
While the past 18 months has seen many global companies cutting or deferring dividends, the firm writes that Talaria’s ability to generate income has not been constrained with average distributions of more than 9.0 per cent per annum over the last decade.
Talaria Asset Management CEO Jamie Mead says that listing the funds as active ETFs would enhance access for investors while continuing to deliver stable income in an otherwise low-yield investment environment.
“Talaria’s bottom-up research focus, combined with our 16-year track record of delivering consistent income with relatively low market risk, will enable our active ETFs to truly stand out in the market,” Mead says. “In fact, September 2021 saw our Global Equity Fund up when Benchmark Index was down, outperforming it by 3.56 per cent.
“Over the past few years, our business has seen significant growth and this marks another chapter in our journey. Opening up more avenues for more people to invest in our high income, lower market risk funds is something we’re very excited about,” Mead says.
The active ETFs will be available as ticker codes TLRA and TLRH for the currency hedged version. Investors will be able to access Talaria’s active ETFs through their online share trading platform, stockbroker or financial adviser, with listing on the Chi-X Exchange expected in November 2021, subject to unit holder and regulatory approval.