In a statement released yesterday, Insync said the growing demand for international investment by Australian investors and SMSFs encouraged it to launch its flagship fund on the ASX service.
“The fund aims to grow wealth through consistent equity returns whilst protecting investors' wealth against potential significant downturns,” a statement from Insync said.
“Given the nature of the highly concentrated resources and financial sectors in the domestic market we concentrate on identifying opportunities that are either unavailable or under–represented in Australia.”
Insync also said that where the fund is “different or unique” from other funds is that it offers protection against sudden and significant downturns through the strategic use of index puts to “cushion investors through volatile periods”.
“This was particularly compelling when we witnessed the extreme volatility associated with the Euro crisis and the US debt debacle where our fund actually increased in value,” the statement said.
Insync has outsourced the role of the fund’s responsible entity to Select Asset Management, which is a foundation member of mFund.
