Yarra Australian Equities Fund

Economists Are Idiots!
Good Luck Finding an Underground Engineer
The Looming Housing Excess

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
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.
BENCHMARK S&P/ASX 200 Accumulation Index
FUND SIZE S&P/ASX 200 Accumulation Index
FEES 0.90% p.a.



Benefits of investing in the Yarra Australian Equities Fund

  • Professional management: Access to a specialist investment team with extensive experience in Australian equities, who actively manage the underlying investments.
  • Extensive resources: Dedicated full-time research resources, a rigorous investment process, highly developed risk management techniques, advanced technology and advanced trading systems
  • Access to investment opportunities: By investing in a managed fund you effectively pool your money with that of other investors. This means you can take advantage of the greater buying power and investment opportunities a large pool of money allows, even though you may have a comparatively small sum of money to invest
  • Diversification: Exposure to a professionally managed portfolio diversified by security, industry and sector. The underlying investments are actively managed to seek optimal risk/reward outcomes for the Fund.
  • Liquidity: The ability to generally invest in and redeem Units in the Fund on a daily basis.

Risk level


Investor suitability

The 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.




Key Features

About the Fund

The 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 approach

As 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.


How we invest your money

Our 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 universe

The Fund, substantially through its investment in the Australian Equities Pooled Fund, invests as follows:

  • In securities which are listed on the Australian Securities Exchange, but excluding convertible preference shares.
  • Minimum of 80% invested in securities.
  • Maximum of 20% invested in cash.
  • Generally, 30 to 55 securities held in the portfolio.
  • Where appropriate, financial derivatives will be used to manage investment risk and gain or reduce exposure to relevant markets in an efficient manner whilst still remaining within allowable asset allocation ranges.
  • We aim to be fully invested in securities at all times.