|
|
|
|
|
 |
|
| |
|
|
| Rebate Offer |
2.0% (100%) |
| Minimum Initial Investment |
$40,000 |
| Expected Close Date |
Existing Investors Only |
| Description |
Smallco aims to achieve high compound returns by investing in the stock market. |
|
Founded in April 2000, Smallco is a specialist equity manager investing mostly in smaller Australian listed companies. They manage the Smallco Investment Fund on behalf of private investors. The fund managers and owners of Smallco are Rob Hopkins and Bill Ryan.
Their Unique Attributes
- Their focus is on high absolute returns as opposed to relative returns;
- Smallco is a true boutique fund;
- They have an experienced investment team managing a small fund;
- Their own money is invested in the funds - ensuring greater passion, commitment and focus; and
- Their performance fee structure ensures the manager's risk and reward outcome is aligned with that of the investors.
Investment Style
Smallco actively looks for high quality, smaller companies whose share price is significantly less than what it considers to be the true underlying value of the shares. The manager actively manages the assets of the fund, selecting individual stocks with an emphasis on achieving growth in the value of the fund and also aiming to achieve some income.
Some characteristics of a quality, small company that the manager looks to identify include:
- Strong competitive position. The company should have a business that has a strong or dominant market position in its particular industry or sector. Barriers to entry for new competitors, for example, could create such a market position.
- Attractive earnings outlook. It is essential for the longer term success of an investment that the company has the ability to grow its profits significantly over an extended period of time. Implicit in this is the ability to at least maintain its profit margins, which usually relates to good pricing power for the products or services it offers.
- High return on funds employed and cash generation ability. For a company to be an attractive investment, its business should be capable of generating good returns on the cash invested in the business. Typically this will show up as a high historical return on funds employed and strong cash generation.
- A strong board and good management team. It is important that not only should the management be competent, but also that their interests and the interests of the shareholders are aligned. The most common way for this to occur is for the management to have shares in the company so they think more like shareholders.
OPEN TO EXISTING INVESTORS ONLY
Interested in investing? Investors can still access Smallco Investment Funds through wrap accounts! This fund is available on the Wealthtrac Portfolio Service & Superannuation Master Trust available through 2020 DIRECTINVEST with special fee rebates.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 2.0% entry fee on investments in the Smallco Investment Fund as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.4% pa. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor.
|
 Standard & Poor's Research Report | | Zenith Product Assessment | | Zenith Product Profile | | Zenith Quantitative Report | | Zenith Research Report |
|
|
|
|
|
|
| Managed Funds | Looking for managed funds? Compare over 1,000 funds. Then invest with no entry fees. more info
|
| Risk Advice | Not sure about the right level of risk cover? Life insurance advice with commission rebates. more info
|
|