Australian Equities

Yarra Emerging Leaders Fund

The Yarra Emerging Leaders Fund provides exposure to small and medium-sized ASX listed companies.

Discover small and mid-cap potential

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.

A broader opportunity set

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.

Leveraging independent research

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.

A fundamental, long-term and balanced approach

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.

Significant Investor Visa compliant

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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Investment objective

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.

Benchmark

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

Inception date

September 1997

Gross returns as at 31 July 2021

1 Mth
%
3 Mths
%
1 Yr
%
3 Yrs
% p.a.
5 Yrs
% p.a.
10 Yrs
% p.a.
Since
Inception
% p.a.
Yarra Emerging Leaders Fund* 1.37 4.71 31.38 11.34 8.14 12.41 11.72
Emerging Leaders Combined Benchmark 0.68 4.70 33.13 10.65 10.94 8.94 7.74
Excess Return* 0.68 0.01 -1.75 0.69 -2.80 3.46 3.98

* The returns shown are gross of all fees, meaning they do not reflect the deduction of any investment management fees which would reduce returns and assume reinvestment of distribution. Excess Return is the difference between the Fund’s gross return and its benchmark. Investment in the fund is not available on a fee free basis and this should be factored into any analysis of past performance. For information on returns which take into account fees and expenses (net returns), please refer to the Fund’s monthly and quarterly investment commentaries (which can be found here). Past performance is not a reliable indicator of future performance. 

Investment Insights

Latest monthly commentary – July 2021
Latest quarterly commentary – June 2021

Fund Facts

Open To New Investors: Yes
ARSN: 090 046 567
APIR: JBW0010AU
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

Invest Now

Apply Online
Product Disclosure Statement and Application for Investment Form (for initial investments)
Product Disclosure Statement and Additional Investment Form (for additional investments)

Institutional investors wanting further information on the Yarra Emerging Leaders Strategy should contact a member of the Firm’s Client Team.

Further Information

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.

 

General Advice Disclaimer

Either Yarra Funds Management Limited (ABN 63 005 885 567, AFSL 230 251) (‘YFML’) or Yarra Investment Management Limited (ABN 34 002 542 038, AFSL 229664) (‘YIML’) is the issuer and responsible entity of the range of registered managed investment schemes described on this website (‘Funds’). YFML and YIML are 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, YIML 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.