Stayer’s secrets: Mercer’s top fundie
Australian Eagle Asset Management is the top performing fund manager over a five-year period with their Equity Strategy Fund delivering an impressive return of 11.6 per cent per annum, compared to the ASX 100 Accumulation Index which returned 7.8 per cent per annum.
Sean Sequeira, Chief Investment Officer at Australian Eagle explains their unique approach, “What we’re looking for is inflection points within a company. What’s changing within a company that can either change or improve the earnings growth profile and/or the quality of those earnings over the next three to five years.”
Their strategy has paid off with successful investments in companies including Fortescue Metals Group and QBE. Despite market volatility, Sequeira emphasises the need for a diversified portfolio and keenly monitors emerging opportunities like Telix Pharmaceuticals.
Montgomery entered into a partnership with Australian Eagle last September to manage our domestic large cap portfolios.
Read this article in the Australian Financial Review: Stayer’s secrets: Mercer’s top fundie
The Montgomery Funds own shares in Fortescue Metals Group and QBE. This article was prepared 26 July 2023 with the information we have today, and our view may change. It does not constitute formal advice or professional investment advice. If you wish to trade these companies you should seek financial advice.
Source: James Thomson, The Australian Financial Review.
Illustration: David Rowe
Sean Sequeira jointly established Australian Eagle Asset Management in 2004. Sean was appointed Australian Eagle’s Chief Investment Officer in 2016. In addition to stock selection and analysis, Sean is responsible for all aspects of the investment process. Sean is head of Australian Eagle’s portfolio risk committee and process integrity committee. He is also one of the three investment team members that make up the portfolio construction committee.
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.
Wendy
:
Impressive as the 11.6% return may seem it is my understanding that super funds include member contributions when calculating returns. Member contributions can constitute 3% or more of the return which would give an effective return of 8.6%. Which is less than the 9.5% return for the ASX200.
Roger Montgomery
:
Those contributions do not form part of the performance calculation Wendy.