Manager of exchange-traded products BetaShares has been awarded a 'Recommended' rating from Lonsec for its Managed Risk Global Share Fund.
Launched in February 2016, the Managed Risk Global Share Fund provides exposure to a broadly diversified portfolio of global shares while seeking to reduce volatility and lessen downside risk.
In its report, Lonsec noted the strengths of the fund include the way it provides exposure to the global equities market in a risk controlled manner, its risk management strategy, and the track record of the underlying funds used to obtain exposure.
BetaShares managing director, Alex Vynokur, said the rating highlights the benefits the fund provides to Australian investors seeking to protect their global equities investments in a volatile market.
"In our unpredictable global environment, the benefits of risk management, reduced volatility and limited drawdowns, are clear," Vynokur said.
"We are pleased to see our managed risk strategy recognised by Lonsec for providing a prudent way to access global equities."
"This strategy has particular appeal for SMSFs and baby boomers - groups who want global equity exposure, but need to balance this against the level of risk they are willing to take in their investments."
The fund is part of the BetaShares Managed Risk series, along with BetaShares Australian Dividend Harvester Fund, and BetaShares Managed Risk Australian Share Fund.
The "Recommended" rating is the second highest investment rating awarded by Lonsec.