Benefits of investing in the Eiger Australian Small Companies Fund

• Diversified portfolio: provides access to a portfolio of small to medium sized companies diversified across all sectors in Australia or New Zealand.

• Experienced investment professionals:access to a specialist investment team with over 60 years' combined experience investing in small to medium sized companies.

• Robust investment process: stringent research process driven by fundamental, in-depth and comprehensive analysis of a business' operations. This is applied practically in two ways: site visits (external research) and detailed financial modelling (internal research).

• Access to growing companies and industries: the small companies market is comprised of many fast-growing businesses that capitalise on changing industry dynamics and innovation.

Risk level

High

Investor suitability

The Fund may suit investors seeking:

• Exposure to smaller Australian and New Zealand companies 

• To invest for at least five years

• High levels of return, and are comfortable with high volatility

About the Fund

The Fund provides exposure to a select, actively managed portfolio of stocks with a small-medium level of capitalisation listed, or expected to be listed, on the Australian Securities Exchange (ASX) and the New Zealand Securities Exchange (NZX). The Fund may also provide exposure to equity issued by Australian or New Zealand entities on other approved exchanges. The Fund will invest in exchange traded derivatives (such as futures and options), cash and unlisted companies that are expected to list within 12 months. The majority of the Fund's investments will be stocks that are included in the Benchmark.

About Eiger Capital

Eiger Capital is an active boutique Australian equities investment manager specialising in small companies. Eiger was founded in 2019 by Stephen Wood, Victor Gomes and David Haddad, who previously worked together at a large asset management company managing over $400m. The team employs a high conviction, style-neutral approach to investing.

Investment approach

Eiger employs an active, fundamental approach to investing in smaller companies using a philosophy focussed on price to cashflow based intrinsic value. The fundamental value for stocks, upon which investment decisions are made, is generated via internal research, management meetings and company visits that focus on long term value drivers at the industry, stock and country level.

For full Investment Approach, please read the Product Disclosure Statement: www.fidante.com/au/EIGE-PDS-ASCF.pdf

How we invest your money

The Fund provides exposure to an actively managed portfolio of stocks with a small-medium level of capitalisation that are listed, or expected to be listed, on the Australian Securities Exchange (ASX) and the New Zealand Securities Exchange (NZX). The Fund may also provide exposure to equity issued by Australian or New Zealand entities on other approved exchanges. The Fund may invest in exchange traded derivatives (such as futures and options), cash and up to 5% in unlisted companies, that are expected to list within 12 months. The majority of the Fund's investments will be stocks that are included in the Benchmark.

Investment universe and portfolio construction

The Fund is a collection of investments selected by Eiger based on their price to intrinsic value philosophy. The Fund will be a best ideas portfolio of around 30-60 securities that Eiger believe provide the highest risk-adjusted valuation upside. Eiger manages the Fund according to strict portfolio guidelines in order to limit downside price risk inherent in the securities they invest in. Eiger actively manages the level of cash, portfolio concentration and individual exposures according to these robust portfolio guidelines.

Eiger does not intend to actively hedge the New Zealand currency exposures.

Strategic asset allocation ranges

• Securities and Derivatives ¹: 90-100%

• Cash: 0-10%

¹ Derivative exposure is not to exceed 10% of the net asset value of the Fund.