Fact Sheet
As at March 2024
As at March 2024
Yarra Australian Equities Fund
APIR: JBW0009AU
Manager Summary
Yarra Capital Management was established in 2007 following the management buyout of Goldman Sachs Asset Management's Australian investment capabilities and is backed by TA Associates, a global private equity firm with a history of investing in fund managers.
The firm is led by Dion Hershan (MD and Head of Australian Equities), Katie Hudson (Portfolio Manager and Head of Australian Equities Research), Roy Keenan (Head of Australian Fixed Income) and Brett Davidson (COO). The team comprises 15 investment professionals.
The firm is led by Dion Hershan (MD and Head of Australian Equities), Katie Hudson (Portfolio Manager and Head of Australian Equities Research), Roy Keenan (Head of Australian Fixed Income) and Brett Davidson (COO). The team comprises 15 investment professionals.
Strategy Summary
The Fund aims to achieve medium to long term capital growth through exposure to companies listed on the ASX with the aim of outperforming the S&P/ASX 200 Accumulation Index over rolling three year periods.
Yarra Capital focus on companies which are under-appreciated by the broader market, believing the market is inefficient, and that mispricing opportunities arise when the market's valuation doesn't reflect their view on a company's true value.
Yarra Capital focus on companies which are under-appreciated by the broader market, believing the market is inefficient, and that mispricing opportunities arise when the market's valuation doesn't reflect their view on a company's true value.
Key Terms
| Status: | Open | Inception Date: | Jul 1996 |
| Strategy: | Equity Long | Style: | Blend |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 50,000 |
| Distributions: | 6 Monthly | Applications: | Daily |
| Fund Size: | AU$ 120.1m | Management Fee: | 0.95% |
| Manager FUM: | AU$ 6,700m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 3.88% | 3.27% | Sharpe1: | 0.47 | 0.45 |
| 1 Year: | 11.44% | 14.45% | Sortino1: | 0.55 | 0.53 |
| 3 Years1,2: | 9.65% | 9.62% | Best Month1: | 12.01% | 10.21% |
| 5 Years1,2: | 8.71% | 9.15% | Worst Month1: | -27.10% | -20.65% |
| Inception1,2: | 9.63% | 9.16% | Volatility1,2: | 13.85% | 13.26% |
| Up-Capture1: | 107% | N/A | Down-Capture1: | 100% | N/A |
Cumulative Returns Fund Index
Yarra Australian Equities Fund - Cumulative Performance vs ASX 200 Total Return
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Long - Large Cap - Australia Peer Group (111 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Yarra Australian Equities Fund
ASX200 Total Return
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.