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.

Benefits:

  • 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.

Investment Objective:

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.