Yarra Australian Equities Fund
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About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100478-2023-03-22-03:19.pdf |
FUND MANAGER | Yarra Funds Management |
ASX Code | |
APIR | JBW0009AU |
ASSET CLASS | AUSTRALIAN EQUITIES |
INVESTMENT STYLE | The Fund offers access to a high conviction portfolio of ASX-listed companies. |
INVESTMENT PROFILE | The Fund aims to outperform the Benchmark over rolling three-year periods. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 01-07-1996 |
BENCHMARK | S&P/ASX 200 Accumulation Index |
FUND SIZE | S&P/ASX 200 Accumulation Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | 30-55 |
FEES | 0.90% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Yarra Australian Equities Fund
Risk levelHigh Investor suitabilityThe Fund may be suitable to investors that have a long term' investment time frame (i.e. a recommended minimum term of 5 to 7 years), who seek returns that are in line with the objective of the Fund and who have a risk tolerance in line with the Funds summary risk level. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Yarra Australian Equities Fund offers investors exposure to a differentiated, high conviction portfolio of ASX listed companies that we believe have strong capital-growth potential over the medium to long-term. By leveraging our fundamental, long-term and balanced approach to investing, the Fund aims to outperform the S&P/ASX 200 Accumulation Index over rolling three-year periods. The Fund typically invests in between 30 and 55 stocks which we select based on our active and independent proprietary research. Investment approachAs an independent and active manager of Australian share portfolios, we are committed to building trusted and long-term relationships with our clients through the delivery of strong and sustainable investment returns. Our philosophy is based on our belief that markets are competitive but not perfectly efficient. We believe that mispricing opportunities arise when the market's valuation (as depicted in the share price) doesn't reflect our views on a company's true value. We have a large investment team, which helps ensure detailed analysis across the investment universe. By applying our fundamental and research-driven approach, we aim to identify and exploit market inefficiencies and add value through active management. We seek the best insights across a raft of industries and asset classes, collaborating daily across both the equities and fixed income markets. |
Mandate
How we invest your moneyOur disciplined investment framework is used to assess the competitive position of a company and its industry outlook, culminating in an assessment of valuation based on a combination of methodologies including discounted cash flow analysis, free cash flow yields and asset based valuations. We supplement our approach with external research to gauge consensus views and determine where our views may be differentiated. These inputs drive stock selection decisions; once securities have been selected for inclusion, we create a portfolio which best meets the Fund's investment objective through balanced portfolio construction that focuses on risk and reward. Finally, our portfolios are monitored on a daily basis to ensure they contain the optimal blend of securities, seeking to deliver above average returns over the long term. Investment universeThe Fund, substantially through its investment in the Australian Equities Pooled Fund, invests as follows:
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