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SGH High Conviction Fund

An actively managed high-conviction Australian equity fund that invests in a concentrated portfolio of between 15 to 30 ASX listed companies. The Fund invests in a concentrated portfolio of Australian stocks that aims to offer long-term returns in excess of the S&P/ASX 300 Accumulation Index (after fees).

Before making a decision about whether to make an investment in the Fund, please read the Fund’s Target Market Determination (TMD) and Product Disclosure Statement (PDS)(including all incorporated information) to ensure the features of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs.

Monthly Fact Sheet
How to invest

Hamish Tadgell, Portfolio Manager, March 2024 Fund update

Click here to read the transcript here.

SGH High Conviction Fund

An actively managed high-conviction Australian equity fund that invests in a concentrated portfolio of between 15 to 30 ASX listed companies. The Fund aims to offer long-term returns in excess of the S&P/ASX 300 Accumulation Index (after fees).

Before making a decision about whether to make an investment in the Fund, please read the Fund’s Target Market Determination (TMD) and Product Disclosure Statement (PDS) (including all incorporated information) to ensure the features of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs.

At a Glance

APIR code ETL0042AU mFund code SHF01 Minimum investment $20,000 Management cost 0.90% Distributions per annum 2 Commencement date 28/10/2004 Asset class Equity Benchmark S&P/ASX 300 Accumulation Index
Investment objective The Fund invests in a concentrated portfolio of Australian stocks that aims to offer long-term returns in excess of the S&P/ASX 300 Accumulation Index (after fees).
Please refer to the current PDS, reference guide and TMD for further details including any additional fees that may be applicable.

At a Glance

APIR code ETL0042AU mFund code SHF01 Minimum investment $20,000 Management cost 0.90% Distributions per annum 2 Commencement date 28/10/2004 Asset class Equity Benchmark S&P/ASX 300 Accumulation Index
Investment objective The Fund invests in a concentrated portfolio of Australian stocks that aims to offer long-term returns in excess of the S&P/ASX 300 Accumulation Index (after fees).
Please refer to the current PDS, reference guide and TMD for further details including any additional fees that may be applicable.

Investment strategy

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.

Investment parameters

The Fund is not bound by indices, allowing us to invest only in those companies that meet the strict investment criteria.  Investments in the Fund will be in a portfolio of up to 30 stocks (with a minimuim of 15 stocks) that are listed on the ASX. Between 80% and 100% of the fund’s exposure will be to Australian equities. Cash levels must not exceed 20%.  Generally, no more than 15% of the portfolio to be held in any one company, but 10% on initial purchase.

Performance as at 31 May 2024. Powered by data from Financial Express. For funds with less than 5 yrs performance history, refer to fact sheet for since inception returns.

 
Performance
Performance 1M 3M 6M 1Y 3Y 5Y 7Y 10Y Entry Nav Exit Date History
MOREBACK
Fund Name 1.06% -1.65% 4.60% 14.24% 6.44% 7.91% 8.45% 9.04% $1.5306 $1.5268 $1.5230 25/07/2024

HOW TO INVEST

1. Download and read PDS, reference guide and PDS Download
Target Market Determination (TMD). TMD Download
2. Complete application form Reference guide Download
3. Send application form to Apex Fund Services Unit Registry Application form Download

HOW TO INVEST

Existing SGH or DMP investor with Apex investor number:

  1. Download and read PDS, reference guide and Target Market Determination (TMD).
  2. Complete additional investment form and send to Apex Fund Services Unit Registry.
  3. If using BPAY® no form is required. BPAY® Biller Code is 349688. You will need your Customer Reference Number (CRN) which you received from Apex Fund Services.

Please contact Apex Fund Services at 1300 133 451 if you require assistance.

Not an existing SGH or DMP investor:

  1. Download and read PDS, reference guide and Target Market Determination (TMD).
  2. Submit application form online.

OR

  1. Download and read PDS, reference guide and Target Market Determination (TMD).
  2. Complete an application form and send to Apex Fund Services Unit Registry.

Monthly Fact Sheet

PDS

Reference Guide

Target Market Determination (TMD)

Online application portal

Application form

Additional investment form for existing investor

Annual report

AWARDS

RESEARCH RATINGS

Investment Team

Hamish Tadgell Portfolio Manager Hamish joined SGH in July 2015. He is Portfolio Manager of the SGH High Conviction Fund. Prior to this he… Michael Kordick Assistant Portfolio Manager Michael joined SGH in July 2018 as Assistant Portfolio Manager in the SGH High Conviction Fund team. Prior to this,…

Funds Distribution Team

Anthony Cochran Head of Distribution Matthew Potter Senior Investment Specialist Rebecca Collins Head of Research & Consultants Nick Simpson Business Intelligence & Data Manager

Our team is responsible for the retail distribution and marketing for our funds and have expertise 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.

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