Australian Equities

Yarra Ex-20 Australian Equities Fund

The Yarra Ex-20 Australian Equities Fund provides investors with access to a diverse, balanced investment universe with lower stock and sector concentration.

Access companies and industries offering strong medium to long-term growth potential

The Yarra Ex-20 Australian Equities Fund seeks superior returns, providing investors with access to a diverse and balanced portfolio offering strong growth potential over the medium to long-term.

By excluding those stocks included in the S&P/ASX 20 Index, the Fund aims to outperform the S&P/ASX 300 ex S&P/ASX 20 Accumulation Index over rolling three-year periods. The portfolio typically holds between 15 – 35 stocks, providing investors with a concentrated portfolio built around stock-specific insights.

A diverse, balanced opportunity set

There is a significant concentration of Banking and Resources companies in the S&P/ASX 20 Index. By excluding these companies, a focused portfolio of 15 – 35 high-quality businesses provides a diverse, balanced investment universe with lower stock and sector concentration.

Harnessing more opportunities

The large investment universe enables access to a substantial number of large, mid and small-cap companies.

A fundamental approach which is well suited to Ex-20 investing

Our active and bottom-up investment approach is well suited to Ex-20 investing, where stock prices do not always accurately reflect their underlying valuation or risk profile.

Opportunities are identified through fundamental, bottom-up analysis, a balance of investment styles and from insights gathered from more than 1,600 meetings held each year.

Significant Investor Visa compliant

An investment in the Yarra Ex-20 Australian Equities 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 Australian Securities Exchange listed securities excluding those included in the S&P/ASX 20 Index. In doing so, the aim is to outperform the S&P/ASX 300 ex S&P/ASX 20 Accumulation Index over rolling three-year periods

Benchmark

S&P/ASX 300 ex S&P/ASX 20 Accumulation Index

Typical number of stocks

15 - 35

Recommended investment timeframe

Long-term 5-7+ years

Inception date

August 2010

Gross returns as at 30 September 2021

From
June 25
2018
1 Mth
%
3 Mths
%
1 Yr
%
3 Yrs
% p.a.
5 Yrs
% p.a.
Since
Inception
% p.a.
Yarra Ex-20 Australian Equities Fund* 5.77 -0.45 4.07 25.80 4.35 7.53 8.21
S&P-ASX 300 ex S&P/ASX 20 Accumulation (TR) 9.00 -1.15 4.80 27.92 9.56 NA NA
Excess Return* -3.23 0.70 -0.73 -2.13 -5.21 NA NA

Effective 25 June 2018 the Fund’s investment strategy, name and benchmark were changed. Performance prior to 25 June 2018 is provided here for consistency purposes only – the historical performance data shown relates to the previous strategy and should not be used to assess past or future performance of the Fund. Performance data relating to the previous strategy is available upon request.

* 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.

Additional information

Latest monthly commentary – August 2021
Latest quarterly commentary – September 2021

Fund Facts

Open To New Investors: Yes
ARSN: 090 047 706
APIR: JBW0052AU
Initial Minimum: 50,000.00AUD
Distribution Frequency: Semi-Annually
Management cost (ICR) (p.a.): 0.90%
Buy/sell spread: +/- 0.15%
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)
Target Market Determination

Institutional investors wanting further information on the Yarra Ex-20 Australian Equities 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.