NEWS
Presentation - Gyrostat Absolute Return Income Equity Fund
20 Aug 2020 - Gyrostat Capital Management
Gyrostat complements existing portfolios as a defensive allocation to reduce portfolio risk, increase income, and increase returns.
We reliably increase in value on market falls with the extra protection always in place whilst...
Read more...
20 Aug 2020 - Presentation - Gyrostat Absolute Return Income Equity Fund
By: Gyrostat Capital Management
Performance Report: Bennelong Concentrated Australian Equities Fund
20 Aug 2020 - Australian Fund Monitors
The Bennelong Concentrated Australian Equities Fund rose +2.20% in July ,outperforming the ASX200 Accumulation Index by +1.70% and taking 12-month performance to +6.85% versus the Index's -9.87%. Since inception in February 2009, the Fund...
Read more...
20 Aug 2020 - Performance Report: Bennelong Concentrated Australian Equities Fund
By: Australian Fund Monitors
| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The overriding objective of the Concentrated Australian Equities Fund is to seek investment opportunities which are under-appreciated and have the potential to deliver positive earnings, while satisfying our stringent quality criteria. Bennelong's investment process combines bottom-up fundamental analysis together with proprietary investment tools which are used to build and maintain high quality portfolios that are risk aware. The portfolio typically consists of 20-35 high-conviction stocks from the S&P/ASX 300 Index. The Fund may invest in securities listed on other exchanges where such securities relate to ASX-listed securities. Derivative instruments are mainly used to replicate underlying positions and hedge market and company specific risks. |
| Manager Comments | As at the end of July, the portfolio's weightings had been increased in the Health Care, Materials, Consumer Staples, IT, REIT's, Industrials and Financials sectors. The portfolio is significantly more heavily weighted towards the Discretionary sector than the Benchmark (ASX300 Accumulation Index), with an 'Active Weight' of 20.8%. It is also significantly underweight the Financials sector by comparison with the Benchmark, with an 'Active Weight' of -22.1%. The Fund aims to invest in a concentrated portfolio of high quality companies with strong growth outlooks, underestimated earnings momentum and underestimated prospects. By comparison with the Benchmark, the portfolio's holdings, on average, have a higher return on equity, lower debt/equity, higher sales growth, higher EPS growth, higher price/earnings and lower dividend yield which together indicate that the Fund is in line with its investment objectives. |
| More Information |
Retail REITs Still Look Cheap
20 Aug 2020 - Nikko AM
COVID-19 battered retail real estate names as tenants were forced into lockdown and activity was halted. The tenant base that was becoming increasingly militant in their engagement with landlords accelerated their assertiveness when...
Read more...
20 Aug 2020 - Retail REITs Still Look Cheap
By: Nikko AM
Performance Report: Cyan C3G Fund
19 Aug 2020 - Australian Fund Monitors
The Cyan C3G Fund rose +9.9% in July, outperforming the ASX200 Accumulation Index by +9.4% and taking annualised performance since inception in August 2014 to +14.53% against the Index's annualised return over the same period of +5.24%.
Read more...
19 Aug 2020 - Performance Report: Cyan C3G Fund
By: Australian Fund Monitors
| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | Cyan C3G Fund is based on the investment philosophy which can be defined as a comprehensive, clear and considered process focused on delivering growth. These are identified through stringent filter criteria and a rigorous research process. The Manager uses a proprietary stock filter in order to eliminate a large proportion of investments due to both internal characteristics (such as gearing levels or cash flow) and external characteristics (such as exposure to commodity prices or customer concentration). Typically, the Fund looks for businesses that are one or more of: a) under researched, b) fundamentally undervalued, c) have a catalyst for re-rating. The Manager seeks to achieve this investment outcome by actively managing a portfolio of Australian listed securities. When the opportunity to invest in suitable securities cannot be found, the manager may reduce the level of equities exposure and accumulate a defensive cash position. Whilst it is the company's intention, there is no guarantee that any distributions or returns will be declared, or that if declared, the amount of any returns will remain constant or increase over time. The Fund does not invest in derivatives and does not use debt to leverage the Fund's performance. However, companies in which the Fund invests may be leveraged. |
| Manager Comments | Cyan believe the Fund's strong performance in July is attributable to the decisions the team made back in February and March. Top contributors in July included QuickFee, ReadCloud, City Chic, Pinnacle, Jumbo Interactive, New Zealand Coastal Seafoods and Schrole. In Cyan's view, the investment environment remains interesting, with the obvious economic impacts of COVID-19 and associated declines in business confidence being countered by government stimulus packages and largely buoyant consumer behaviour. |
| More Information |
New Funds on Fundmonitors.com
19 Aug 2020 - Australian Fund Monitors
Here are some of the latest additions to our database. Follow the links to view each fund's profile, where you'll have access to their offer documents, monthly reports, historical returns, performance analytics, rankings, research,...
Read more...
19 Aug 2020 - New Funds on Fundmonitors.com
By: Australian Fund Monitors
|
New Funds on Fundmonitors.com |
|
 |
||||
|
ECP Growth Companies Fund |
||||
|
||||
| View Profile |
 |
||||
|
Realside Adelaide Office Fund |
||||
|
||||
| View Profile |
 |
||||
| Nikko AM ARK Global Disruptive Innovation Fund | ||||
|
||||
| View Profile |
| Nikko AM Australian Share Concentrated Fund | ||||
|
||||
| View Profile |
| Nikko AM Australian Share Income Fund | ||||
|
||||
| View Profile |
| Nikko AM Australian Share Wholesale Fund | ||||
|
||||
| View Profile |
| Nikko AM New Asia Fund | ||||
|
||||
| View Profile |
| Want to see more funds? |
|
Subscribe for full access to these funds and over 450 others |
Performance Report: Quay Global Real Estate Fund
19 Aug 2020 - Australian Fund Monitors
The Quay Global Real Estate Fund returned -0.5% in July. This return comprised +2.3% from underlying stock performance and -2.8% from the impact of currency. Since inception in Jan 2016, the Fund has returned +5.30% p.a. with an annualised...
Read more...
19 Aug 2020 - Performance Report: Quay Global Real Estate Fund
By: Australian Fund Monitors
| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The Fund will invest in a number of global listed real estate companies, groups or funds. The investment strategy is to make investments in real estate securities at a price that will deliver a real, after inflation, total return of 5% per annum (before costs and fees), inclusive of distributions over a longer-term period. The Investment Strategy is indifferent to the constraints of any index benchmarks and is relatively concentrated in its number of investments. The Fund is expected to own between 20 and 40 securities, and from time to time up to 20% of the portfolio maybe invested in cash. The Fund is $A un-hedged. |
| Manager Comments | For the month, the greatest positive contributions to returns were from Safestore (UK Storage), Leg Immobilien (German Residential) and Stag Industrial (US Industrial). Key detractors included Wharf REIC (HK Retail), Hysan (HK Diversified) and Brixmor (US Retail). Quay noted that, thematically, the market continues to support those stocks that are perceived to have the most defensive revenue profiles - Industrials, Data Centres and European Residential and Health as examples. At the other end of the spectrum, sectors like Retail, Hong Kong, Urban Residential and Seniors Housing have lagged. However, post month-end and part-way through 2Q20 reporting season they are seeing some strength return to some of these laggards as they deliver results slightly ahead of what were dismal expectations. |
| More Information |
Performance Report: Glenmore Australian Equities Fund
18 Aug 2020 - Australian Fund Monitors
The Glenmore Australian Equities Fund rose +1.41% in July, outperforming the ASX200 Accumulation Index by +0.91% and taking annualised performance since inception in June 2017 to +15.52% against the Index's annualised return over the same...
Read more...
18 Aug 2020 - Performance Report: Glenmore Australian Equities Fund
By: Australian Fund Monitors
| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The main driver of identifying potential investments will be bottom up company analysis, however macro-economic conditions will be considered as part of the investment thesis for each stock. |
| Manager Comments | Top contributors in July included Mineral Resources and Temple and Webster. Key detractors included Polynovo, Integral Diagnostics and Fiducian Group. Polynovo released a brief trading update in July which was in line with Glenmore's expectations, with the key takeaway being that strong sales growth has continued despite COVID-19 having some impact on opening new accounts. Glenmore noted the Australian economy continues to be significantly assisted by government stimulus and they see the removal of that stimulus (e.g. JobKeeper and JobSeeker) to be a risk over the next 12-18 months. Despite this, they believe the portfolio's companies are well positioned to navigate the current environment. |
| More Information |
Performance Report: Bennelong Emerging Companies Fund
18 Aug 2020 - Australian Fund Monitors
The Bennelong Emerging Companies Fund rose +1.01% in July, outperforming the ASX200 Accumulation Index by +0.51% and taking 12-month performance to +8.16% against the Index's -9.87%. Since inception in November 2017, the Fund has risen...
Read more...
18 Aug 2020 - Performance Report: Bennelong Emerging Companies Fund
By: Australian Fund Monitors
| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The Fund may invest in securities expected to be listed on the ASX within 12 months. The Fund may also invest in securities listed, or expected to be listed, on other exchanged where such securities relate to ASX-listed securities |
| Manager Comments | Bennelong noted they continue to seek to invest in high quality companies that they believe have solid growth prospects over the foreseeable future. Despite the inevitable up's and down's of the market in the short-term, Bennelong believe the portfolio's investments are all incrementally building value which they expect should ultimately underpin decent returns over the long-term. The portfolio remains diversified across sector and risk-return drivers. Bennelong believe it is currently well positioned for attractive returns over the long-term, regardless of the market's short-term activity. |
| More Information |
Introduction to the L1 Capital U.K. Residential Property Fund IV
17 Aug 2020 - Australian Fund Monitors
L1 Capital is a well-known name in the Australian Funds management industry and they have recently released their 4th UK Residential Property Fund having begun investing in the strategy in September 2017.
The Fund's strategy is...
Read more...
17 Aug 2020 - Introduction to the L1 Capital U.K. Residential Property Fund IV
By: Australian Fund Monitors
|
L1 Capital is a well-known name in the Australian Funds management industry and they have recently released their 4th UK Residential Property Fund having begun investing in the strategy in September 2017. The Fund's strategy is focused on investing in fully tenanted residential property in major U.K. cities, excluding London, that provide a reliable income stream with the potential for capital growth. The objective of the Fund is to deliver clients a net return of 10% p.a., including a dividend yield of 6% p.a. |
Performance Report: 4D Global Infrastructure Fund
17 Aug 2020 - Australian Fund Monitors
The 4D Global Infrastructure Fund returned -1.78% in July, with the rising AUD detracting from performance. Since inception in March 2016, the Fund has risen +9.09% p.a. with an annualised volatility of 12.31%.
Read more...
17 Aug 2020 - Performance Report: 4D Global Infrastructure Fund
By: Australian Fund Monitors
| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The fund will be managed as a single portfolio of listed global infrastructure securities including regulated utilities in gas, electricity and water, transport infrastructure such as airports, ports, road and rail as well as communication assets such as the towers and satellite sectors. The portfolio is intended to have exposure to both developed and emerging market opportunities, with country risk assessed internally before any investment is considered. The maximum absolute position of an individual stock is 7% of the fund. |
| Manager Comments | The strongest performer in July was US rail operator, KSU, up +15.1% on the back of solid Q2 reporting and on rumours of a private equity bid for the company. The weakest performer was US Utility, First Energy, down -25.2% on allegations of corporate corruption surrounding the use of a 501(c )4 structure for political lobbying. 4D noted the company is refuting all allegations and they believe the market overreacted to headlines. 4D continue to position the Fund for the prevailing economic outlook and infrastructure as a means of recovery as they look to capitalise on the raft of opportunities on offer. |
| More Information |
