An actively managed high-conviction Australian equity fund that invests in a concentrated portfolio of between 15 to 25 ASX listed companies. The fund is not constrained by index or sector weights and aims to achieve returns in excess of 5% above both the S&P/ASX300 Accumulation Index and Cash over rolling 5-year periods (before fees and taxes).
At a Glance
At a Glance
Our strategy is to only allocate capital to high-quality ideas where we have conviction. Our focus is on identifying businesses with a competitive advantage that are well-positioned in attractive end markets to grow free cash flow, at an acceptable margin of safety to valuation. This is done through a rigorous, repeatable and disciplined quality assessment of the company’s earnings, business and management. As part of this we undertake an extensive company visitation program which is important in providing ‘insight’, testing our thinking and developing our highest conviction ideas. We seek to know as much about our companies as possible, with a view to mitigating permanent capital loss and delivering outperformance over the long term.
SGH20 is a benchmark unaware large cap strategy with the ability to invest up to 25% of funds in small-mid cap companies (with market capitalisation of less than $1.5bn). SGH20 will at all times be invested in a portfolio of ASX companies representing between 80% and 100% of the fund’s overall value, with cash levels not exceeding 20% of funds. Individual positions are limited to 10% of the fund’s overall value when purchased (with hard limit of 15% subject to market movements). Maximum active sector position limits exist to maintain appropriate portfolio diversification while also ensuring the portfolio can still benefit significantly from its concentrated strategy and high-active share.
Performance as at 31 March 2017. Powered by data from Financial Express. For funds with less than 5 yrs performance history, refer to fact sheet for since inception returns.
Funds Distribution Team
The retail distribution and marketing for our funds was transitioned in-house in February 2016. As a result of this we welcomed an experienced team from Equity Trustees, bringing with them expertise in dealing with Financial Advisers, platforms and researchers. Our team of industry professionals have extensive knowledge and resources to support you and your clients with tailored investment solutions. Contact them today to discuss our funds in more detail.