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Paradice Australian Equities Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100033-2024-01-19-02:39.pdf
FUND MANAGER Paradice Investment Management
ASX Code
APIR ETL8084AU
ASSET CLASS AUSTRALIAN EQUITIES
INVESTMENT STYLE The Fund will invest in securities that are listed on the Australian and New Zealand stock exchanges.
INVESTMENT PROFILE The Fund aims to outperform the Benchmark (after fees and before taxes) over rolling three to five year periods.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 12-05-2007
BENCHMARK S&P/ASX 200 Total Return Index
FUND SIZE S&P/ASX 200 Total Return Index
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS 30-50
FEES 0.75% p.a. of the NAV (before performance fees) of the Fund
STRUCTURE

Benefits

Benefits

Benefits of investing in the Paradice Australian Equities Fund

The Investment Manager believes that there is opportunity to find value no matter where we are in the economic cycle. By building a diversified portfolio of investments that exhibit four key characteristics (undervaluation, business quality, strong financial metrics and shareholder-friendly boards) the Fund aims to generate strong, long term risk-adjusted returns.

Other significant benefits of investing in the Fund may include:

 

 

  • access to Paradice's investment expertise;
  • active risk management (through the form of risk spreading);
  • access to investment opportunities that individual investors often cannot achieve;
  • managed funds can often invest for less cost than ordinary investors can achieve individually;
  • generally, you can add to or withdraw your investment daily;
  • you have the right to receive any distributions we make from the Fund (usually semi-annually). Distributions may also carry tax credits;
  • you can also receive capital gains (or suffer losses) when you dispose of your investment such as by exiting the Fund or selling your units; and
  • a robust compliance and governance structure with a trusted responsible entity and legal rights under the Constitution of the Fund.
RISK LEVEL 6
INVESTOR SUITABILITY

Investor suitability

The Fund is primarily designed for investors seeking superior medium to long term capital growth from exposure to a diversified portfolio of quality companies. Investors need to be comfortable with the short term fluctuations inherent in equity investments.

Risks

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Detail

Key Features

About the Fund

The Paradice Australian Equities strategy was established in May 2007 by lead portfolio manager Troy Angus. The team comprises of four senior portfolio manager/analysts including Troy.

The Fund typically invests in 30-50 companies listed in the S&P/ASX 300, providing investors with an exposure to a diversified portfolio of Australian businesses.

Investment style

The Fund employs a long term 'bottom-up' approach to investment.

Paradice believes that equity markets are inefficient and therefore offer excellent investment opportunities over time. The inefficiencies arise due to excesses in investor emotion, a focus on short term investment horizons and consistent focus on one of the least important aspects of a company's financial health - its profit and loss statement.

Paradice believes that one of the most important aspects of investing is objectivity. It is therefore possible to benefit from changes in market inefficiencies by focusing on logical, ordered and objective investment decisions based on known facts.

Mandate

How we invest your money

Investment approach

Paradice aims to buy shares which it believes are underpriced and expects to grow at rates greater than the market. Paradice's strategy is to favour well-managed, good value companies that have significant growth opportunities through their comparative advantage. This comparative advantage can be via a combination of a better product or service, a more efficient organisational model, a favourable niche or a commanding leadership position within their industry. Paradice believes a good business requires good products and services and good execution.

The key to identifying these investment opportunities lies in Paradice's extensive insight and analysis of companies and the industries to which they belong. This is achieved through an intense company visitation program and its experienced investment professionals using proven valuation techniques and models.

Asset allocation

  • Australian & New Zealand equities: 90%-100%
  • Cash: 0%-10%