The Yarra Emerging Leaders Fund offers investors exposure to small and medium sized companies listed on the Australian Securities Exchange.
Applying Yarra’s differentiated investment approach, the Fund seeks to unlock potential in the small and mid-cap universe. We aim to outperform the Emerging Leaders benchmark, which comprises 50% of the 50 Midcap Accumulation Index and 50% of the Small Ordinaries Accumulation Index, over rolling three-year periods.
The portfolio contains between 30 and 55 stocks listed on the Emerging Leaders benchmark, selected based on our fundamental, long-term and balanced investment approach.
We believe having exposure to small and medium-sized ASX-listed companies offers superior liquidity and lower volatility and risk compared to a pure small cap investment approach.
Our process of undertaking rigorous proprietary research is an invaluable advantage when focusing on the small to mid-sized end of the market, where we believe there is more hidden value to be captured.
Balance across investment styles and stock selection helps to deliver more consistent performance across market cycles. Our analysis avoids growth or value bias, uses multiple channels and focuses on opportunities across different time ranges.
An investment in the Yarra Emerging Leaders Fund can be used as the ‘balancing investment’ component of a ‘complying significant investment’ for the purpose of applying for a significant investor visa¹.
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To achieve medium‑to‑long term capital growth through exposure to small and medium sized Australian companies that are considered to possess strong capital growth potential. In doing so, the aim is to outperform the benchmark over rolling three-year periods.
Comprising 50% of the S&P/ASX Midcap 50 Accumulation Index and 50% of the S&P/ASX Small Ordinaries Accumulation Index
Typical number of stocks
30 - 55
Recommended investment timeframe
Long-term 5-7+ years
Net returns as at 30 April 2023
|Yarra Emerging Leaders Fund*||4.86||4.63||0.64||14.49||7.45||9.63||9.92|
|Emerging Leaders Combined Benchmark||3.14||-2.03||-3.55||13.24||6.43||8.74||7.08|
* The total returns shown are prepared on an exit to exit basis – they include all ongoing fees and expenses and assume reinvestment of all distributions. Excess Return is the difference between the Fund’s net return and its benchmark. Past performance is not a reliable indicator of future performance.
Latest monthly commentary – April 2023
Latest quarterly commentary – March 2023
Open To New Investors: Yes
ARSN: 090 046 567
Initial Minimum: 50,000.00AUD
Distribution Frequency: Semi-Annually
Management cost (ICR) (p.a.): 1.25%
Buy/sell spread: +/- 0.20%
Fund ratings: Contact a member of the Firm’s Client Team to discuss ratings in further detail
Platforms for this fund
Product Disclosure Statement
Application Booklet (for initial investments)
Additional Investment Form (for additional investments)
Target Market Determination
Institutional investors wanting further information on the Yarra Emerging Leaders Strategy should contact a member of the Firm’s Client Team.
Important Additional Information
Important Updates (none at this time)
¹ There are a number of specific requirements that must be met before an applicant for a significant investor visa will be considered to have made a ‘complying significant investment’, including total investment amount, investment into venture capital funds and emerging companies investments and length of investment. There are also a number of other requirements that an applicant must meet before he/she will be eligible to apply for a significant investor visa. Yarra Funds Management Limited’s (‘YFM’) above view is based on the Migration (IMMI 15/100: Complying Investments) Instrument 2015 and the Migration Regulations 1994 in effect as of 31 March 2017. The Department of Immigration and Border Protection’s policy on migration may change in the future. YFM does not make any representations nor does it guarantee that an investor will be a successful significant investor visa applicant.
Yarra Funds Management Limited (ABN 63 005 885 567, AFSL 230 251) (‘YFML’) is the issuer and responsible entity of the range of registered managed investment schemes described on this website (‘Funds’). YFML is not licensed to provide personal financial product advice to retail clients. The information provided on this website contains general financial product advice only. The advice has been prepared without taking into account your personal objectives, financial situation or particular needs. Therefore, before acting on any advice, you should consider the appropriateness of the advice in light of your own or your client’s objectives, financial situation or needs. Prior to investing in any of the Funds, you should obtain and consider the product disclosure statement (‘PDS’) for the relevant Fund by contacting our Investor Services team on 1800 034 494 or from our website at www.yarracm.com/pdsupdates. The information set out in this website has been prepared in good faith and while YFML and its related bodies corporate (together, the “Yarra Capital Management Group”) reasonably believe the information and opinions to be current, accurate, or reasonably held at the time of publication, to the maximum extent permitted by law, the Yarra Capital Management Group: (a) makes no warranty as to the content’s accuracy or reliability; and (b) accepts no liability for any direct or indirect loss or damage arising from any errors, omissions, or information that is not up to date.
Before using any of the financial services offered by Yarra Funds Management Limited, you should read our Financial Services Guide (FSG). This has been prepared to assist you in deciding to use any of the financial services offered by us. We are required to provide you with an FSG if we provide certain financial services to you as a retail client.