Established Australian companies with a sustainable forward advantage
The fund aims to outperform the S&P/ASX200 Accumulation Index (after fees and before taxes) over the long term. Fundamental research and sound risk management drives fund investments.
Risk is managed through portfolio diversification, strict exposure limits and process discipline.
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
Joseph Koh has over 25 years’ experience in investment and finance, beginning in 1997 at Bankers Trust and 8 years at Regal Funds Management.
Recently, Joseph was co-portfolio manager of a high performing long-short fund at Schroder Investment Management.
Joseph holds a Bachelor of Business (majoring in Accounting and Finance) and is a CFA charterholder.
Joseph is the Portfolio Manager of the Blackwattle Long Short 130/30 Quality Fund and the Blackwattle Large Cap Quality Fund.
Ray David has over 20 years’ of investing and finance experience.
Prior to joining BlackWattle Investment Partners, Ray David was portfolio manager at Schroders Australia, where he spent over 10 years and was co-portfolio manager of the Schroder Australian Equity Long Short Fund.
Prior to joining Schroders, Ray David was an Investment Director of the Emerging Companies Team at UBS Investment Bank Australia.
Ray holds a Bachelor of Economics and Econometrics from the Sydney University, a Graduate Diploma of Applied Finance, Banking, Corporate Finance and Securities Law.
Ray is the Portfolio Manager of the Blackwattle Long Short 130/30 Quality Fund and the Blackwattle Large Cap Quality Fund.
David has over 5 years’ financial markets experience. His most recent role was as a sell-side investment analyst at MA Financial, covering a diverse range of industrial stocks. Prior to that, David worked at Schroders within the Australian equities team.
David is an Investment Analyst within the Blackwattle Large Cap Quality and Blackwattle Long-Short 130/30 Quality Funds.
David holds a Bachelor of Commerce with majors in Finance and Accounting.
| Benchmark | S&P/ASX 200 Accumulation Index |
| Management Fee | 0.72% of the Net Asset Value of the Fund. Inclusive of Goods and Services Tax (GST) and net of any Reduced Input Tax Credits (RITC) |
| Performance Fee | Not applicable |
| Portfolio Allocation | Australian and New Zealand listed equities: 90 – 100% International (except Australian & New Zealand): 0 – 10% Unlisted Equities (expected to be listed within 24 months): 0 – 10% Cash & Cash Equivalents: 0 – 10% |
| Portfolio Holdings | Typically 30 to 45 stocks |
| Suggested Timeframe | 5 years or more |
| Distribution | Semi-annually |
| Minimum Initial Investment | $25,000 |
Blackwattle Large Cap Quality Fund Performance (net of fees)
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 8 Aug 2023. 3 S&P/ASX200 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 Large 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 8 August 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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