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Printed: 03 July 2024 11:19 PM

News

4 Jan 2021 - Performance Report: Bennelong Emerging Companies Fund

By: Australian Fund Monitors

Report Date04 January 2021
ManagerBennelong Australian Equity Partners (BAEP), a Bennelong boutique
Fund NameBennelong Emerging Companies Fund
StrategyEquity Long
Latest Return DateNovember 2020
Latest Return6.87%
Latest 6 Months28.50%
Latest 12 Months8.54%
Latest 24 Months (pa)36.42%
Annualised Since Inception28.85%
Inception Date01 November 2017
FUM (millions)AU$48.59
Fund OverviewThe Fund invests in ASX-listed securities of small and micro capitalised companies that are covered by the investment research capabilities of Bennelong Australian Equity Partners ('BAEP').

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 CommentsThe Bennelong Emerging Companies Fund rose +6.87% in November, taking 12-month performance to +8.54% vs the ASX200 Accumulation Index's -1.98%. Since inception in November 2017, the Fund has returned +28.85% p.a. vs the Index's +7.31%. The Fund's up-capture ratio for performance since inception is 325.9%, highlighting its capacity to significantly outperform in rising markets.

True to the Fund's investment style, Bennelong continue to seek to invest in high quality companies that they believe have solid growth prospects over the foreseeable future. They noted that, despite the inevitable ups and downs of the market in the short term, they believe the portfolio's investments are all incrementally building value which they expect will ultimately underpin decent returns over the long-term.

The portfolio remains reasonably 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.
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