Phillip Capital Management says it will be launching a feeder fund that invests in GMO Quality Investment Fund (or the underlying fund) on Feb 24.
Known as the Phillip Global Quality Fund, the fund is currently in its initial offering period till Feb 19.
SEE: Phillip Capital Management launches innovation-focused global equity fund for retail investors
GMO is a private-owned Boston-based asset management company that has assets under management (AUM) of US$59 billion ($78.53 billion) as at Sept 30, 2020.
According to Phillip Capital Management, the underlying fund has an annualised return of 13.9% so far, and has not delivered any negative year since its inception in 2010.
The fund works on a quantitative quality metric that puts together a portfolio that has high quality stocks that win over time with lower risk.
The fund will be available on the POEMS platform with a 0% sales charge.
