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by Roger Montgomery Posted in Financial Services, Skaffold, Value.able.

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• POSTED IN Financial Services, Skaffold, Value.able

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Recently Mercer released their 1 year fund manager tables to the end of May 2012 (see above table).  We decided to compare our returns to the sixty -odd covered in the survey.  The red line marks the return and relative ranking of the Montgomery [Private] Fund to those of other managers.  If The Montgomery [private] Fund had been covered in the survey, it would rank No#2 all things being equal.  The median manager return -9.3%.

As many of you know Montgomery Investment Management recently hired Mr David Buckland as CEO and Mr Tim Kelley as Head of Research.  I have linked the Press Releases of their appointments with their names and you can simply click on their names above to see their backgrounds and credentials.

David has wasted no time preparing a new Product Disclosure Statement for The Montgomery Fund.  The Montgomery Fund will be a Retail Fund that will continue in the value investing tradition already employed here with great success for the very small group of investors we work for in the wholesale The Montgomery [Private] Fund.

With the hiring of Mr David Buckland and Mr Tim Kelley we now have the capacity to offer the benefits of our unique value investing style to all investors for the first time.  Of course investments will only be able to be made through the form that accompanies the Product Disclosure Statement, which will also disclose other material information such as fees and charges and personnel.

Prospective investors should seek and take personal professonal advice before making any investment decision.

At our meeting today, we discussed an anticipated August launch date as well as providing access to investment insights exclusively to The Montgomery Fund investors.

If you have been interested in investing but felt the $1 million minimum for The Montgomery [Private] Fund is not appropriate for your circumstances, then the retail The Montgomery Fund could be worth discussing with your adviser or accountant.  We currently anticipate offering a minimum investment application of $25,000.

Once again please be sure to read the PDS in its entirety and seek and take personal professional advice.

I will soon be sending you correspondence to pre-register your interest.

If however you feel you might miss that correspondence, your email has recently changed or you will be away, you can pre-register at www.montinvest.com and click the APPLY TO INVEST button.  The above form will appear and after completing it, be sure to select the button “Retail Investor < $500,000”.

You will then receive an automated email from my office and be registered to receive the PDS as soon as it’s received all of its approvals.  If you decide to proceed and/or your advisor approves, we look forward to working for you.

If you are a planner or advisor or responsible for dealer group approved lists or you are an executive at a research house or ratings agency and would like to discuss next steps feel free to call the Mr David Buckland at the office on (02) 9692 5700.

Please Note: Investments can only be able to be made through the form that accompanies the Product Disclosure Statement, which will also disclose other material information such as fees and charges and personnel.

Posted by Roger Montgomery, Value.able author, Skaffold Chairman and Fund Manager, 18 June 2012.

by Roger Montgomery Posted in Intrinsic Value, Value.able.

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Fairfax Media’s restructure announcement has been welcomed by the market, but what prospects does their revised business model have for future profitability?  Roger Montgomery provides his Value.able insights to ABC1’s Ticky Fullerton in this edition of ‘The Business’ broadcast on 18 June 2012. Watch here.

by Roger Montgomery Posted in Insightful Insights, Takeovers, TV Appearances, Value.able.

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Roger Montgomery discusses why he foresees Gina Rinehart’s substantial shareholding will deliver her board representation in Fairfax Media (FXJ) in this interview with Ticky Fullerton from the 15 June 2012 edition of ABC1’s ‘The Business’. Watch here.

by Roger Montgomery Posted in Takeovers, TV Appearances, Value.able.

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Roger Montgomery discusses why the forecast profit downgrade foreshadows some creative accounting treatments at financial year end for Qantas in this ABC News interview broadcast 5 June 2012.  Watch/Read here.

by Roger Montgomery Posted in Airlines, Investing Education, TV Appearances, Value.able.

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With a downgrade in forecast profit of 90%, what should investors be thinking? Share Roger Montgomery’s insights into this latest bad news for Qantas in this interview of ABC Radio’s The World Today broadcast 5 June 2012. Listen here.

by Roger Montgomery Posted in Airlines, Companies, Investing Education, Radio, Value.able.

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Roger Montgomery discusses his Value.able Insights into the the recent losses in the Australian share market, and what the short term future may hold for investors.  Watch here.

This interview was broadcast on ABC News 24 on 4 June 2012.

by Roger Montgomery Posted in Investing Education, TV Appearances, Value.able.

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In this edition of ABC1’s Inside Business Roger Montgomery discusses his insights into the causes of the recent market losses and how Value Investors should be interpreting the changes – Roger appears commencing 3:27. Watch here.

This program was broadcast on 3 June 2012.

by Roger Montgomery Posted in Companies, Investing Education, TV Appearances, Value.able.

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Roger Montgomery discusses the expansion of Jumbo Interactive (JIN) and the implications of further developments in the online lottery ticket industry in this Money Magazine article published in June 2012. Read here.

by Roger Montgomery Posted in Investing Education, On the Internet, Value.able.

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Roger Montgomery provides his Value.able insights into the depreciation of the Australian dollar and its implications for business in this Herald-Sun article published 29th May 2012.  Read here.

by Roger Montgomery Posted in In the Press, Value.able.

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• POSTED IN In the Press, Value.able