Lennox Australian Microcap Fund
About the fund:
The Lennox Australian Microcap Fund was launched in January 2018. It is an actively managed, style-agnostic portfolio that invests in a broad range of microcap equities. The fund’s objective is to identify companies with compelling medium-term valuations that we believe will not disappoint the market.
Our investment approach is based on fundamental analysis and in-depth research. We focus on identifying businesses that have strong management teams, sustainable earnings profiles and favourable growth prospects due to competitive advantages and/or industry dynamics.
- Lennox’s ability, experience and knowledge to assist in accurately forecasting medium term company earnings to identify quality businesses.
- A disciplined and differentiated investment process with a key focus on risk management.
- Strong alignment with investors backed by institutional-grade infrastructure provided by Fidante Partners.
The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term (after fees).
|Benchmark:||S&P/ASX Small Ordinaries Accumulation Index|
|Stock Numbers:||Between 20 to 40 securities in Australian & New Zealand listed Securities|
|Minimum investment timeframe:||5 years|
|Management Fee:||1.30% p.a.|
|Performance Fee:||20% of the Fund’s daily return (after fees and expenses and after adding back any distributions paid) above the Fund’s Performance Benchmark.|
|Minimum Investment:||$10,000 or $1,000 with regular savings plan.|
|Investment Universe:||Primarily companies outside the top 200 ASX listed companies.|