CFS launches Global Small Companies Fund with Wellington Management

8 September 

Colonial First State (CFS) is pleased to announce the launch of the CFS Wellington Global Small Companies Fund across its FirstChoice and Edge platforms. 

Managed by Boston-based Wellington Management, a CFS Alliance Partner, the fund is designed to provide investors with long-term capital growth by investing in a diversified portfolio of predominantly smaller listed global shares. 

The fund aims to outperform the MSCI World Small Cap Net Index over rolling three-year periods (before fees and taxes), leveraging Wellington’s multi-disciplinary approach to identify undervalued, high-quality companies with sustained growth potential.

CFS Group Executive Distribution Bryce Quirk said CFS has enjoyed a long and successful relationship with Wellington over many years.

“We are pleased to once again be working with an investment partner of Wellington’s calibre to launch a new fund at a pivotal time in global markets,” Mr Quirk said. 

“Historically, global small caps have delivered greater returns despite higher volatility, making them a valuable addition for investors seeking long-term growth and diversification,” he said. 

“The fund offers financial advisers and the clients they support access to a vast investment universe, where fundamental research can identify quality companies and provide a source of alpha.”

Caitlin Hollebone, Head of the Australian Office of Wellington Management said:

“We are excited to launch the CFS Wellington Global Small Companies Fund¹ together with CFS, and be recognised as a CFS Alliance Partner, building upon our relationship that spans more than 20 years,” she said. 

“Global small caps have been overlooked for years, and with the attractive growth potential at today’s compelling valuations, we believe we can deliver something truly differentiated to the broader wholesale adviser market, by combining our institutional research and risk management capabilities, with CFS’s strengths across distribution, administration, and marketing.” 

“Wellington has continued to expand its local presence to better meet the needs of wholesale clients and investors in Australia since 1997.”

James Mitchell, Senior Manager External Communications, Colonial First State

james.mitchell@cfs.com.au

Robyn Tice, Director, Corporate Communications, Wellington Management

rtice@wellington.com

¹ Wellington Management is appointed as the investment manager of the CFS Wellington Global Small Companies Fund.