ALTAIR LAUNCHES TWO EQUITY FUNDS FOR THE RETAIL MARKET

Altair Asset Management (Altair) today announced the launch of two Australian equity funds for retail investors. The funds include the Altair Income Fund, which focuses on sustainable dividend income, and the Altair Advantage Fund, which focuses on medium to long term capital growth.

Altair is a high conviction, thematic Australian equity manager offering investment options designed to meet the financial needs of clients at different life stages. Up until now similar income and growth strategies have only been available through Altair’s individually managed portfolios (MDAs) where the client has $300,000 or more to invest. The new retail funds will now allow smaller clients to access these strategies at a minimum of $50,000 per fund.

“We have been in conversation with a number of financial advisers who like our investment approach and the way we manage our MDA strategies but they also want something suitable for smaller clients. We believe these two funds will help fill that gap” Executive Chairman, Philip Parker said.

Altair has undergone a rapid transformation of its business since late 2012, having expanded its team of investment professionals from various professional investment backgrounds. Altair’s private wealth management heritage together with its broad institutional investment experience is providing a strong foundation for the business to provide value added investment solutions for retail, wholesale and institutional clients.

“For Altair, it’s all about creating the right investment solution to meet our client’s wealth objectives” Mr Parker said.

More information about the new funds can be found at www.altairasset.com.au.

For media enquiries contact:

Philip Parker Altair Asset Management Tel: (02) 9299 5499 Email: pparker@altairasset.com.au