The fund provides investors with a concentrated, style-neutral exposure to the small companies segment of the Australian equities market.
It is managed by Concord Capital, a boutique Australian equity manager that was acquired by Invesco Australia in August 2010.
"Overall, Zenith believes that Concord's approach to security selection and bottom-up fundamental research is sound and appropriately targeted," Zenith said.
"The Concord Small Companies team divides coverage of the small companies universe by sector and industry.
==
==
"Given the size of this universe, Zenith believes this approach provides the fund with a competitive advantage in that the fund is essentially managed by three sector specialists."
