Ellerston Capital is pleased to announce that the Ellerston Australian Emerging Leaders Fund (Fund) has retained its “Recommended” rating from leading research house Lonsec. This rating is a testament to the Fund’s consistent performance and Ellerston’s expertise in identifying and investing in emerging, high-potential Australian companies.
The Fund is managed by a highly experienced team of five investment analysts, led by Alexandra Clarke and David Keelan, who act as joint Portfolio Managers for both the Emerging Leaders and Micro-Cap strategies. David Keelan also serves as Ellerston’s Chief Investment Officer. The team was recently strengthened with the appointment of James Barker as Deputy Portfolio Manager.
Employing a bottom-up, fundamental approach to investing, the team focuses on identifying companies with sustainable growth prospects at reasonable valuations. With a typical market cap of AUD $650m, the Fund targets under-researched securities that often lack broker coverage, creating information asymmetry that the team leverages through in-depth fundamental research. Additionally, it offers diversification benefits by investing in sectors beyond the heavily concentrated large-cap segments of the Australian market, such as Financials and Materials.
Over the past year, the Fund has delivered a return of 48.87%* significantly outperforming its benchmark by 22.22%. Commenting on the rating, David Keelan said, “We are delighted to have Lonsec reaffirm its confidence in our strategy. This recognition highlights our disciplined approach to identifying quality, high-growth opportunities within the Australian small-cap space.” The Fund employs a flexible investment mandate with a highly active management style, allowing the team to capitalise on emerging opportunities. The team’s approach is to seek ‘quality’ stocks with strong competitive moats that offer expansion opportunities while being mispriced. The Fund will typically hold between 30-60 securities and seeks to outperform the benchmark over a three-year period.
For more information on the Ellerston Australian Emerging Leaders, please visit Ellerston Capital’s website. If you would like a copy of the Lonsec Research report, please contact Nathan Boroughs or Lisa Salamon.
* As at 31 October 2024. Benchmark is S&P/ASX Small Ordinaries Accumulation Index
Contact Us
For more information on how to invest, please contact:
Nathan Boroughs
National Account Manager
nboroughs@ellerstoncapital.com
+61 466 775 961
Lisa Salaman
National Account Manager
lsalaman@ellerstoncapital.com
+61 406 585 322
About Ellerston Capital
As a firm majority owned by its principals and employees, our clients’ objectives are our objectives. Ellerston Capital has been managing money since 2002. Our clients include sovereign wealth, industry and corporate superannuation funds, international funds, family offices and high net worth investors.
As a dedicated investment manager, we aim to do one thing exceptionally well: grow and protect our clients’ wealth through investing. We are passionate about creating value for our clients by identifying outstanding investment ideas and designing portfolios that perform over the long term. Our Funds target a diverse range of strategies including, but not limited to, long only Australian, global and Asian equities, Australian and global long-short equity and private equity.
Disclaimer
The rating issued 25 October 2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved