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Printed: 21 September 2026 6:05 PM

23 Aug 2019 - Performance Report: Bennelong Emerging Companies Fund

By: Australian Fund Monitors
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Report Date23 August 2019
ManagerBennelong Australian Equity Partners (BAEP), a Bennelong boutique
Fund NameBennelong Emerging Companies Fund
StrategyEquity Long
Latest Return DateJuly 2019
Latest Return11.25%
Latest 6 Months48.30%
Latest 12 Months25.66%
Latest 24 Months (pa)
Annualised Since Inception33.03%
Inception Date01 November 2017
FUM (millions)AU$16.74
Fund OverviewThe Fund invests in ASX-listed securities of small and micro capitalised companies that are covered by the investment research capabilities of Bennelong Australian Equity Partners ('BAEP').

The Fund may invest in securities expected to be listed on the ASX within 12 months. The Fund may also invest in securities listed, or expected to be listed, on other exchanged where such securities relate to ASX-listed securities
Manager CommentsThe Bennelong Emerging Companies Fund rose +9.58% in July, outperforming the ASX200 Accumulation Index by +6.64% and taking annualised performance since inception in November 2017 to +33.03% versus the Index's +13.04%. This return has been achieved with higher volatility than the market, however, this is expected of a fund investing in micro and small caps. The Fund's up-capture ratio of 273.13% for performance since inception highlights its capacity to significantly outperform in rising markets.

The Fund's top five holdings as at the end of July included Eml Payments, Viva Leisure, Jumbo Interactive, BWX and Prospa.

The Fund invests predominantly in micro and small-cap stocks listed on the ASX. It is managed via a research-intensive and predominantly bottom-up investment approach. The Fund focuses on high quality stocks an seeks to avoid the higher risk that usually comes with micro and small-cap stocks.
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