Australian smaller companies that are emerging as industry leaders.
The portfolio is actively managed typically investing in 30-60 companies outside of the S&P/ASX 100.
The Fund seeks to find investment opportunities early in a company’s life cycle when they are often under-researched and not well understood by the market. Utilising a robust risk management framework and macro-overlays, the portfolio is designed to minimise drawdowns.
The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index after fees over the medium to long term.
We truly are a partnership.
100% of our staff own equity.
Zero personal trading (PA) is allowed. We are 100% invested in our portfolios. We have all committed significant personal capital.
Our corporate profits are reinvested into our portfolios. Our personal salaries are reinvested into our portfolios.
Our Portfolio Managers are aligned with our clients (and their investment results) via clearly defined profit share mechanisms.
Timely and transparent communication with our investors. Providing regular access to our investment teams.
Note: Top 5 Portfolio Holdings as at 31 May 2024
Daniel has over 20 years’ of financial markets experience, most recently as Portfolio Manager at Watermark Funds Management.
Daniel holds a Bachelor of Engineering, Bachelor of Business Administration, and a Master of Professional Accounting (Finance). Daniel is also a Responsible Manager (RM).
Dan is the Portfolio Manager of the Blackwattle Small Cap Quality Fund and Blackwattle Small Cap Long-Short Quality Fund.
Rob has over 20 years’ financial markets experience, most recently spending 15 years with Ellerston Capital. He was also a member of Ellerston’s Broker Review and ESG committees.
Rob began focusing on small cap research in 2013, eventually joining the small cap team full time in 2015 (managing up to $1.2bn of FUM).
Rob holds a Bachelor’s degree in Management.
Rob is the Portfolio Manager of the Blackwattle Small Cap Quality Fund and Blackwattle Small Cap Long-Short Quality Fund.
Andy has over 11 years’ investment experience most recently joining from Watermark Funds Management as the Financials and REITS analyst and also extensive sell side investment experience at Macquarie.
Andy holds a Bachelor of Commerce and Accounting and is a CFA charterholder.
Andy is the Senior Analyst of the Blackwattle Small Cap Quality Fund and Blackwattle Small Cap Long-Short Quality Fund.
| Benchmark | S&P/ASX Small Ordinaries Accumulation Index |
| Management Fee | 1.13% of the Net Asset Value of the Fund of the Fund. Inclusive of Goods and Services Tax (GST) and net of any Reduced Input Tax Credits (RITC) |
| Performance Fee | 20.50% (inclusive of GST and net of any RITC) of the total return of the fund (after deducting Management fees) in excess of the return of the Benchmark during a relevant performance period and provided any underperformance from previous periods has been recovered |
| Portfolio Allocation | Australian and New Zealand equities: Typically 80 – 100% Cash & Cash Equivalents: 0 – 20% (Typically 0 – 10%) |
| Portfolio Holdings | 30 to 60 stocks |
| Suggested Timeframe | 5 years or more |
| Distribution | Semi-annually |
| Minimum initial investment | $25,000 |
Blackwattle Small Cap Quality Fund Performance (net of fees) 1
1 Returns are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures. Past performance is not a reliable indicator of future performance. Source: Apex. 2 The inception date for the Fund is 12 September 2023. 3 Small Ordinaries Accumulation Index.
This information is issued by Blackwattle Investment Partners Pty Limited (ABN 24 663 839 094) (BIP) corporate authorised representative of Blackwattle Licensing Pty Limited (ACN 665 711 839 AFSL 547 617) (corporate authorised representative no. 001304362) the investment manager of the Blackwattle Small Cap Quality Fund. Equity Trustees Limited (ABN 46 004 031 298, AFSL No. 240975) (EQT) is the responsible entity of the Fund. This document is intended to provide general information only and is subject to change. It does not constitute an offer to subscribe for units in the Fund. The information does not consider the investment objectives, financial situation, or particular needs of any individual. You should seek advice from your licenced financial adviser and read the product disclosure statement (PDS) before making an investment decision. The PDS and target market determination (TMD) for the Fund can be obtained for free by visiting our website www.blackwattlepartners.com. The Fund commenced on 12 September 2023. Returns shown for the Fund have been calculated using exit prices after taking into account fund ongoing fees and assuming reinvestment of distributions. No allowance has been made for taxation. Neither BIP, EQT or their related body corporates guarantee repayment of capital or any particular rate of return. An investment may achieve a lower-than-expected return and investors risk losing some or all of their principal investment. BIP has obtained information from sources it considers to be reliable but does not represent that such information is accurate or complete, or that it should be relied upon. Neither BIP nor EQT make any representations or warranties, express or implied, as to the accuracy or completeness of the information it provides and to the maximum extent permitted by law, neither BIP, EQT nor its directors, employees or agents accept any liability for any loss caused by using this information.
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