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| Emerging companies fund |
| Objective |
The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over rolling five-year periods. |
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| Approach |
Investment opportunities are exploited by a disciplined research and valuation process.
We focus on a company's ability to create shareholder wealth by generating a cash flow return on investment in excess of the firm's cost of capital.
A careful assessment of both quantitative and qualitative information on a company's business environment and strategies enables us to understand the key drivers of a company.
We model the company using our CFROI methodology to determine whether the market is correctly valuing the company. However, on occasion, a discounted cash flow methodology is more appropriate (such as for toll road investments). |
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| Investment universe |
The Fund's investment universe consists of small companies that are listed (or expected to be listed within six months) on the Australian Stock Exchange.
Small companies are defined as those companies lying outside the S&P/ASX100 Index with a market capitalisation of generally greater than $25 million.
This universe currently consists of 1000-plus companies. |
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How to invest
To invest in the Kinetic Emerging Companies Fund you will need a copy of the current Product Disclosure Statement. This can be downloaded from our investment partners website or by calling Challenger Investor Services team on 13 35 66. |
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Disclaimer
Interests in the Kinetic Emerging Companies Fund are offered by Challenger Managed Investments Limited ABN 94 002 835 592. AFSL 234668. The offer or invitation to subscribe in interests in the product is only available to persons receiving the PDS in Australia and is subject to terms and conditions described in the PDS. Neither Kinetic Investment Partners Pty Ltd, the product issuer, any Custodian, nor any entity or person associated with the Challenger Financial Services Group of companies guarantees repayment of your capital or the performance of your investment. The information contained above has been prepared without taking account of any person’s objectives, financial situation or needs. Because of that, each person should, before acting on any such information, consider the appropriateness of the information, having regard to their objectives, financial situation and needs. Each person should obtain a current PDS relating to the product and consider that document before making any decision about the product. If you acquire or hold the product, we and/or the Challenger group of companies will receive fees and other benefits which are generally disclosed in the PDS or other disclosure document for the product. We and/or the Challenger group of companies and our respective employees do not receive any specific remuneration for any advice provided to you. However, financial advisers (including some Challenger group companies) may receive fees or commissions if they provide advice to you or arrange for you to invest in the Fund. Kinetic Investment Partners Pty Ltd and members of the Challenger group of companies and directors of any of them may benefit from fees, commissions and other benefits received by any of these companies.
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Conditions of Use 