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Printed: 21 September 2026 1:52 PM

24 Mar 2020 - Performance Report: Bennelong Emerging Companies Fund

By: Australian Fund Monitors
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Report Date24 March 2020
ManagerBennelong Australian Equity Partners (BAEP), a Bennelong boutique
Fund NameBennelong Emerging Companies Fund
StrategyEquity Long
Latest Return DateFebruary 2020
Latest Return-11.30%
Latest 6 Months1.95%
Latest 12 Months42.27%
Latest 24 Months (pa)22.60%
Annualised Since Inception27.64%
Inception Date01 November 2017
FUM (millions)AU$23.49
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 has returned +42.27% over the past 12 months versus the ASX200 Accumulation Index's +8.64%. Since inception in November 2017, the Fund has returned +27.64% p.a. versus the Index's +8.22%.

The Fund returned -11.30% in February. Bennelong noted this highlights the extra risk one takes in investing in emerging companies; greater risk, more volatility, larger drawdowns and a higher chance of loss. They emphasise the need for investors to take a longer term perspective when investing in the Fund as focusing solely on recent returns is a poor guide to the longer term performance.

The Fund invests in a concentrated portfolio of high quality growth stocks that Bennelong believe will build shareholder value over time. The Fund's largest holdings as at February 2020 were Viva Leisure, Bwx and Mader.
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