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UBS Yarra Australian Small Companies Fund

Economists Are Idiots!

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100175-2024-05-01-02:50.pdf
FUND MANAGER Yarra Funds Management
ASX Code
APIR UBS0004AU
ASSET CLASS SMALL CAP EQUITIES
INVESTMENT STYLE

The Portfolio Manager’s overarching strategy is to identify those small company shares that are believed to be undervalued by the market. Normally the Fund will hold between 30-60 stocks in companies. Companies are selected for inclusion in the portfolio after a rigorous investment process. 
INVESTMENT PROFILE The Fund aims is to outperform (after management costs) the S&P/ASX Small Ordinaries Accumulation Index over rolling five year periods.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 31-03-2004
BENCHMARK S&P/ASX Small Ordinaries Accumulation Index
FUND SIZE S&P/ASX Small Ordinaries Accumulation Index
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS 30-60
FEES 0.85% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in UBS Yarra Australian Small Companies Fund

The significant benefits of investing in the Fund are:

Investment return: We have created a fund with the investment return objective set out in section 5 of the PDS that invests in those Australian small company shares that we believe are being undervalued by the market, based on our assessment of the companies' future cash flows.

Professional management: Access to a specialist investment management team with extensive experience who will actively manage the underlying investments.

Research resources: The Portfolio Manager has a large, specialised and experienced Australian equities team. Its investment process focuses on fundamental research and analysis which underpins a deep understanding of companies and industries across the investment universe. Its research & trading team is able to provide in-depth analysis of local market trends and regulatory conditions.

Distributions: The potential to receive quarterly distributions.

Risk level
High
Investor suitability

The Fund is best suited to investors who seek exposure to a portfolio of small company shares. Due to the inherent volatility of share markets, and in particular small company shares, investment returns will fluctuate and may be negative.
RISK LEVEL High
INVESTOR SUITABILITY

The Fund is intended to be suitable for investors with at least a 
seven year investment timeframe and with a high risk and return 
profile. More specifically, the Fund is intended to be suitable for 
investors who are seeking exposure to a portfolio of small 
company shares. 

Risks

Title
Detail

Key Features

About the Fund

The Fund is an actively managed fund investing in a portfolio of 30 – 60 Australian small company equity securities across a range of industry sectors.

The Portfolio Manager’s overarching strategy is to identify those small company shares that are believed to be undervalued by the market. Companies are selected for inclusion in the portfolio after a rigorous investment process.

Mandate

How we invest your money

Investment guidelines

The Fund may invest between 90 to 100% in listed Australian & New Zealand Small Cap equity securities.

It may also invest up to 10% in cash.

Effective exposure may include derivatives.

Investment universe

Eligible investments of the Fund comprise ordinary shares of listed Australian and New Zealand equities. The Fund may invest in financial derivatives to gain exposure to the Australian and New Zealand share market and to manage investment risk. The majority of investments are made in securities not in the S&P/ASX 100 index.