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S&P upgrades Small Companies to 4 stars

Standard & Poor’s has upgraded the Ironbark Karara Australian Small Companies Fund (‘Fund’).

As stated in the Standard & Poor’s research report dated 2nd February 2012 “[The rating] reflects our high conviction that the manager will consistently generate risk-adjusted returns in excess of relevant investment objectives and relative to peers."
“[Standard & Poor’s] have a favourable view of [the portfolio managers, David Slack and Nick Greenway] and believe that as a specialist small-cap investment duo, they bring complementary skills to an investment process that provides them with sufficient flexibility to express their best ideas.”
Would you like more information?
Please visit the Ironbark Asset Management website for a copy of the Product Disclosure Statement, factsheet, monthly report and quarterly video commentary on the Australian small companies market direct from the Portfolio Manager.
Important Information

*To the extent that any ratings, opinions or other information of Standard & Poor’s Information Services (Australia) Pty Ltd (ABN: 17 096 167 556, Australian Financial Services Licence Number: 258896) (“Standard & Poor’s) constitutes general advice, this advice has been prepared by Standard & Poor’s without taking into account any particular person’s financial or investment objectives, financial situation or needs.  Before acting on any advice, any person using the advice should consider its appropriateness having regard to their own or their clients’ objectives, financial situation and needs. You should obtain a Product Disclosure Statement relating to the product and consider the statement before making any decision or recommendation about whether to acquire the product.  Past performance is not a reliable indicator of future performance.  Ratings can change or cease at any time and should not be relied upon without referring to the meaning of the rating.  For more information regarding ratings please call S&P Customer Service on 1300 792 553 and also refer to Standard & Poor’s Financial Services Guide at www.fundsinsights.com.  Each analytic product or service of Standard & Poor’s is based on information received by the analytic group responsible for such product or service.  “S&P” and “Standard & Poor’s” are trademarks of The McGraw-Hill Companies, Inc.© 2012 Standard & Poor’s Information Services (Australia) Pty Limited.