SGH High Conviction Fund

The SGH High Conviction Fund is an actively managed, high-conviction Australian equity fund investing in a concentrated portfolio of 15–30 ASX-listed companies.

Individual Adviser Institutional

Fund overview

The Fund is an actively managed high-conviction Australian equity fund that focuses on carefully selected Australian stocks. These high-quality ideas are where we have conviction, with the goal of delivering long-term returns above the S&P/ASX 300 Accumulation Index (after fees).

Insights Monthly Fact Sheet How to invest

Before deciding to invest in the Fund, please ensure you complete the following compliance steps:

Read the Fund’s Target Market Determination (TMD) and Product Disclosure Statement (PDS), including all incorporated information.
Confirm that the Fund’s features, as outlined in the TMD and PDS, align with your investment objectives, financial situation, and personal needs.

Fund overview

Insights Monthly Fact Sheet How to invest

Fund overview

Insights Monthly Fact Sheet How to invest

Fund overview

Insights Monthly Fact Sheet How to invest

Fund overview

Insights Monthly Fact Sheet How to invest

Fund overview

Insights Monthly Fact Sheet How to invest

Fund overview

Insights Monthly Fact Sheet How to invest

Fund overview

The Fund is an actively managed high-conviction Australian equity fund that focuses on carefully selected Australian stocks. These high-quality ideas are where we have conviction, with the goal of delivering long-term returns above the S&P/ASX 300 Accumulation Index (after fees).

Before deciding to invest in the Fund, please ensure you complete the following compliance steps:

Read the Fund’s Target Market Determination (TMD) and Product Disclosure Statement (PDS), including all incorporated information.
Confirm that the Fund’s features, as outlined in the TMD and PDS, align with your investment objectives, financial situation, and personal needs.

Fund overview

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.

SIV-Compliant Investment Funds

The Fund complies with the Significant Investor Visa (SIV) Complying Investment Framework, effective from 1 July 2015.

Investors applying under the SIV program must demonstrate compliance by submitting a signed Declaration Form 1413D as part of their visa application. For further information, or to request a copy of the relevant SIV Declaration Form, please contact the SGH Funds Distribution team.

Fund name – SGH High Conviction Fund
APIR Code – ETL0042AU
Investment Category – 2c. SIV: Balancing Investment Australian shares

Fund overview

Fund update

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APIR code

ETL0042AU

mFund code

-

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).

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Asset Class

At a glance

1M	3M	6M	1Y	3Y	5Y	7Y	10Y	ENTRY	NAV	EXIT	DATE	HISTORY
2.86%	5.71%	-5.21%	1.63%	6.60%	5.76%	6.66%	7.33%	$1.4960	$1.4923	$1.4886	06/08/2026

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Asset Class

Performance

APIR code

ETL0042AU

mFund code

-

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).

Performance

Performance as at 30 April 2026. Powered by data from Financial Express. For funds with less than 5 yrs performance history, refer to fact sheet for since inception returns.

1M	3M	6M	1Y	3Y	5Y	7Y	10Y	ENTRY	NAV	EXIT	DATE	HISTORY
2.86%	5.71%	-5.21%	1.63%	6.60%	5.76%	6.66%	7.33%	$1.4960	$1.4923	$1.4886	06/08/2026

Performance

Investment Strategy

At SGHiscock Investment Management, our strategy is to allocate capital only to high-quality investment ideas where we have strong conviction. We focus on identifying companies with a sustainable competitive advantage that are well-positioned in attractive markets, aiming to grow free cash flow while maintaining an acceptable margin of safety relative to valuation.

Our approach is built on a rigorous, repeatable, and disciplined assessment of a company’s earnings, business model, and management quality. A key part of this process is our extensive company visitation program, which provides valuable insights, validates our investment thesis, and helps us develop our highest-conviction ideas.

By seeking to understand our companies as thoroughly as possible, we aim to mitigate permanent capital losses and deliver long-term outperformance for our investors.

Investment Parameters

The SGH High Conviction Fund is actively managed and not bound by market indices, allowing us to invest exclusively in companies that meet our strict investment criteria. The Fund holds a focused portfolio of 15 to 30 ASX-listed stocks, with 80% to 100% of its exposure in Australian equities.

Portfolio guidelines include:

Cash allocation capped at 20%
Position limits: typically no more than 15%  in a single company, with an initial purchase limit of 10%
This disciplined approach creates a high-conviction, concentrated portfolio, designed  to target long-term outperformance in the Australian equity market.

Research Ratings

The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.
The rating published on 10/2024 for ETL0042AU is issued by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec Research). Ratings are general advice only and have been prepared without taking account of investors’ objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec Research assumes no obligation to update. Lonsec Research uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2025 Lonsec. All rights reserved.

Research Ratings

Awards

Our Specialists

Awards

Our Specialists

Ratings

Our Specialists

Investment Team

Hamish Tadgell

Portfolio Manager

Tim Gough, CA, CFA

Senior Portfolio Manager

Stratton Bell

Portfolio Manager

Our Specialists

Funds Distribution Team

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.

Anthony Cochran

Head of Distribution

Alastair McKibbin

Head of Research and Consultants

Matthew Potter

Senior Investment Specialist

Phil Anderson

Business Development Manager

Jason Smit

Business Development Manager

Our Specialists

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.

Our Specialists

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.

Our Specialists

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.

Our Specialists

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.

Our Specialists

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.

Our Specialists

Awards

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.

Our Specialists

Ratings

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.

Our Specialists

Investment Team

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.

Hamish Tadgell

Portfolio Manager

Tim Gough, CA, CFA

Senior Portfolio Manager

Stratton Bell

Portfolio Manager

Our Specialists

Funds Distribution Team

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.

Anthony Cochran

Head of Distribution

Alastair McKibbin

Head of Research and Consultants

Matthew Potter

Senior Investment Specialist

Phil Anderson

Business Development Manager

Jason Smit

Business Development Manager

Our Specialists

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.

Our Specialists

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.

Our Specialists

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.

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Download and read PDS, reference guide and Target Market Determination (TMD).
Complete additional investment form and send to Apex Fund Services Unit Registry.
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 investor:

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

OR

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

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Existing SGH Investor with APEX number

Not an existing SGH investor:

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

Investor Guides

How to invest

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

Investor Guides