The Pengana Australian Equities Fund aims to enhance and preserve investor wealth over a 5 year period via a concentrated core portfolio of principally Australian listed securities.
The Fund seeks to generate consistent superior investment returns using fundamental analysis to select and own securities with the following characteristics:
- Good businesses with transparent and resilient business models;
- Competent management with a track record of integrity; and
- A favourable relationship between the market price and the future cash flows of the business.
The Fund’s experienced investment team undertakes proprietary research to assess both qualitative and quantitative factors to build a concentrated portfolio of stocks. With a focus on capital preservation, the flexibility of its investment mandate has allowed the Fund to generate positive returns each financial year since inception.
Benefits of investing
Focus on capital preservation. The Fund does not focus on beating the market but instead seeks to preserve capital and generate a fair return of at least 6% above the cash rate.
Sound investment approach. The team looks for good businesses with transparent and resilient business models and competent management at the right price.
Flexibility. The Fund is benchmark unaware and selects companies purely on their investment merits. It may also hold cash, allowing for flexibility and fast decision making if stock prices fall.
Strong track record. The Fund has a strong 12-year track record since inception in 2008, despite broader market volatility.