Fund Monitors Pty Ltd

www.fundmonitors.com
© Copyright 2026
Printed: 21 September 2026 1:01 PM

26 May 2020 - Performance Report: Bennelong Emerging Companies Fund

By: Australian Fund Monitors
Copy Article Link

Report Date26 May 2020
ManagerBennelong Australian Equity Partners (BAEP), a Bennelong boutique
Fund NameBennelong Emerging Companies Fund
StrategyEquity Long
Latest Return DateApril 2020
Latest Return31.93%
Latest 6 Months-20.87%
Latest 12 Months6.25%
Latest 24 Months (pa)13.95%
Annualised Since Inception19.07%
Inception Date01 November 2017
FUM (millions)AU$20.42
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 +31.93% in April, outperforming the ASX200 Accumulation Index by +23.15%. Since inception in November 2017, the Fund has returned +19.07% p.a. versus the Index's +1.50%. As is expected of a fund investing in micro and small caps, these returns have been achieved with significantly higher volatility than the market.

Bennelong have taken the volatility as an opportunity to make changes to the portfolio. The Fund remains reasonably diversified across sector and risk-return drivers. For example, the top holdings include Viva Leisure (in gyms), Mader Group (mining services) and BWX (personal care products).

Bennelong noted that, while the month-to-month stock price volatility might be high, they believe the companies in which they have invested are incrementally building value as the months turn over which ultimately they expect will underpin strong performance over time.
More Information

Australian Fund Monitors Pty Ltd
A.C.N. 122 226 724
AFSL 324476
Email: contact@fundmonitors.com
Live chat