Montgomery Investment Management’s product suite
In this week’s video insight David provides an update on Montgomery’s product suite which comprises of four divisions including Australian Eagle Asset Management, Montgomery Lucent, Polen Capital and Aura Group.
Transcript
David Buckland
Welcome to this week’s video insight. I thought I would take this opportunity to update you on the Montgomery Investment Management product suite.
As seen from the slide, we effectively have four divisions:
On the left is Domestic Large Cap Equities run by the team at Australian Eagle Asset Management. Sean Sequeira, who is the Chief Investment Officer, has been with Australian Eagle for 17 years, and he’s joined by Alan Kwan, Mark Oliver and Daniel Chan. Australian Eagle have an enviable track record and their Long/Short Fund has added around 8 per cent per annum of out-performance, after expenses, against the ASX 100 Accumulation Index over its 74-month life.
This Domestic Large Cap Equities Division includes The Montgomery [Private] Fund, which is designed for wholesale investors and is nearly 12 years old, The Montgomery Fund, which has just had its tenth anniversary, the Australian Eagle Trust Long/Short Trust which is over six years old, and Australian Eagle’s “Long Only” strategy which has been running since February 2005.
The division second from the left comprises the Montgomery Small Companies Fund, which was launched over three years ago and focuses on smaller listed Australian and New Zealand equities. Run by the team from Montgomery Lucent – Portfolio Managers Gary Rollo and Dominic Rose – the Montgomery Small Companies Fund have beaten the ASX Smaller Companies Accumulation Index by 4.8 per cent per annum, after expenses.
Global Equities is the third division, second from the right. Polen Capital run the Polen Capital Global Growth Fund out their head office in Boca Raton, and this is headed up by Damon Ficklin and Jeff Mueller.
The second strategy is the Polen Capital Global Small and Mid Cap Fund, and that was launched in Australia nearly twelve months ago. Portfolio Manager Rob Forker, who is based in Polen Capital’s Boston office, is joined by eight investment professionals.
The third global equities strategy we plan on launching in 2023 is Polen Capital Global Emerging Markets, run by Damian Bird CFA out of Polen Capital’s London office. An expected transaction, to be announced shortly, will see the Polen Capital Global Emerging Markets strategy expanded to a team of around 10 with approximately US$2 billion of Funds Under Management.
The fourth division, on the right-hand side of the slide, is Domestic Credit. The Portfolio Manager for Aura Credit Holdings is Brett Craig, and he is assisted by James Chapman and Natalie Kolenda. The Aura High Yield SME Fund, designed for wholesale investors, has delivered a compound annual average return of 9.5 per cent, after expenses, since launch in August 2017. Monthly interest payments have varied between 0.93 per cent and 0.60 per cent over its 61-month life. The more conservative Aura Core Income Fund has been recently launched.
I hope these four divisions offers at least one strategy which works for you.
Visit our fund page to learn more about our funds
You should read the relevant Product Disclosure Statement (PDS) before deciding to acquire any investment products.
Past performance is not an indicator of future performance. Returns are not guaranteed and so the value of an investment may rise or fall.
The information provided does not take into account your investment objectives, financial situation or particular needs. You should consider your own investment objectives, financial situation and particular needs before acting upon any information provided and consider seeking advice from a financial advisor if necessary.
Disclaimer
Find out more about the Aura Private Credit Funds
You should read the relevant Product Disclosure Statement (PDS) or Information Memorandum (IM) before deciding to acquire any investment products.
Past performance is not an indicator of future performance. Returns are not guaranteed and so the value of an investment may rise or fall.
This information is provided by Montgomery Investment Management Pty Ltd (ACN 139 161 701 | AFSL 354564) (Montgomery) as authorised distributor of the Aura Core Income Fund (ARSN 658 462 652) (Fund). As authorised distributor, Montgomery is entitled to earn distribution fees paid by the investment manager and may be issued equity in the investment manager or entities associated with the investment manager.
The Aura Core Income Fund (ARSN 658 462 652)(Fund) is issued by One Managed Investment Funds Limited (ACN 117 400 987 | AFSL 297042) (OMIFL) as responsible entity for the Fund. Aura Credit Holdings Pty Ltd (ACN 656 261 200) (ACH) is the investment manager of the Fund and operates as a Corporate Authorised Representative (CAR 1297296) of Aura Capital Pty Ltd (ACN 143 700 887 | AFSL 366230).
You should obtain and carefully consider the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the Aura Core Income Fund before making any decision about whether to acquire or continue to hold an interest in the Fund. Applications for units in the Fund can only be made through the online application form. The PDS, TMD, continuous disclosure notices and relevant application form may be obtained from www.oneinvestment.com.au/auracoreincomefund or from Montgomery.
The Aura Private Credit Income Fund is an unregistered managed investment scheme for wholesale clients only and is issued under an Information Memorandum by Aura Funds Management Pty Ltd (ABN 96 607 158 814, Authorised Representative No. 1233893 of Aura Capital Pty Ltd AFSL No. 366 230, ABN 48 143 700 887).
Any financial product advice given is of a general nature only. The information has been provided without taking into account the investment objectives, financial situation or needs of any particular investor. Therefore, before acting on the information contained in this report you should seek professional advice and consider whether the information is appropriate in light of your objectives, financial situation and needs.
Montgomery, ACH and OMIFL do not guarantee the performance of the Fund, the repayment of any capital or any rate of return. Investing in any financial product is subject to investment risk including possible loss. Past performance is not a reliable indicator of future performance. Information in this report may be based on information provided by third parties that may not have been verified.
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.
