The fund is the highest ranking product in Zenith's long/short 130/30 category.
The product takes a long/short 130/30 investment approach and typically holds 35-45 long positions and 10-20 short positions with a maximum cash level of 10 per cent.
"Our strategy works well in all cycles because INGIM doesn't have a style bias and has an experienced team of analysts who focus on identifying the best investment opportunities rather than just focusing on value or growth-type stocks," INGIM head of wholesale business Jim McKay said.
"By utilising a shorting strategy alongside a long portfolio of best idea stocks, investors should expect superior risk-adjusted returns from this strategy."
The fund has already received a highly recommended rating from Lonsec.