Simon Conn, Portfolio Manager at Investors Mutual says Agribusiness is one of the industries that plays to Australia's competitive advantages

Simon Conn, Portfolio Manager at Investors Mutual says Agribusiness is one of the industries that plays to Australia's competitive advantages. Having been a successful investor in both Graincorp and Bega - Conn says it is a space that he understands and likes to invest in. We understand the thematics driving soft commodities and it speaks to Australia's competitive advantage. Conn says he has recently added Ruralco to their portfolio as a new exposure in the agribusiness sector. Ruralco is a rural supplies business that has been steadily growing the network of sites they operate. Conn says the management team are now able to introduce new product offerings into their network of stores and leverage their position in the market. It is a counter cyclical play...but it is a business we think is very well positioned to grow going forward. Watch the video here: