Disruption and Montaka’s benefits
In 1886 when Karl Benz first drove his Benz Patent-Motorwagen horseless carriage past a blacksmith, it would have been impossible to predict which manufacturer of this disruptive technology would succeed. In the US alone there have been 1,665 car manufacturers that are now defunct.
Picking a winning disruptor has its challenges, but did you know predicting the demise of blacksmithing was much more obvious, and today can be very lucrative?
As we have previously mentioned in this week’s Video Insight, The Montaka Global Access Fund seeks to reward investors by investing in the disruptors and the disrupted. In the first five months to 30 November 2015 General Investors in the Montaka Global Fund have seen a return of 14.74 per cent, after expenses.
Our own attempt at disruption is a new video that simply explains the benefits of the Montaka Global Access Fund.
Next subscription date
If you wish to invest in the next monthly opening for the Montaka Global Access Fund (1 February), you will need to have lodged your application form and funds with Fundhost by 4pm on Monday 25 January 2015. To download the PDS and Application form click on this link.
Chief Executive Officer of Montgomery Investment Management, David Buckland has over 30 years of industry experience. David is a deeply knowledgeable and highly experienced financial services executive. Prior to joining Montgomery in 2012, David was CEO and Executive Director of Hunter Hall for 11 years, as well as a Director at JP Morgan in Sydney and London for eight years.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Woz
:
Hi Roger,
What’s Montaka’s current FUM? And what are the fees charged?
Woz
Roger Montgomery
:
Hey Woz,
Give David Buckland a call on (02) 8046 5000 and ask for the Montaka Global Fund Fact Sheet.
peter schrader
:
Hi Roger,
I understand that there have been some bans or restrictions on short selling in a number of countries.
1. Is there material or information that outlines these bans/restrictions?
2. How will the short selling undertaken by your funds operate within the scope of these bans and restrictions?
Regards,
Peter
Roger Montgomery
:
Hi peter, we are sticking to highly developed, established markets rather than emerging markets.
Carlos Cobelas
:
whilst I very much like what the Montaka fund is doing, I just cannot get my head around the performance benchmark being the US 10 yr bond rate ( 2% ). I don’t believe an equities fund should be paid fees based on beating a bond rate of 2%. This means if the Montaka is fund is successful, which I am sure it will be, the performance fees paid will be massive, way too much. Sorry.
Roger Montgomery
:
Hi Carlos, the reason is that so much of the equity risk is removed when the net exposure is low. It makes more sense as you come to see the reduce equity market exposure.