Greencape Capital
Greencape Capital (Greencape) is a specialist Australian equities fund manager based in Melbourne. Greencape has a dedicated and experienced team of investment professionals, whose aim is to deliver superior, repeatable performance.
Updates to PDSs and Fund names
Fidante have published updated PDSs for all of its Funds effective 30 September 2017. These have been updated to incorporate the new requirements under Regulatory Guide 97 – Disclosing fees and costs in PDSs and periodic statements (RG97).
In addition to RG97 updates, Fidante have changed the names of some of its Funds following a recent operational review. There have been no changes to the Funds’ investment strategies or how the Funds are managed.
Please click here for more information on the Fund name changes.
About
Greencape's investment philosophy is grounded in the belief that markets are inefficient and that qualitative factors are generally under-appreciated in investment decisions. The investment team at Greencape is focused on, and committed to, delivering superior performance, directly aligning its interests with those of its investors. The company was founded and is majority owned by David Pace and Matthew Ryland. Prior to establishing Greencape Capital, David and Matthew worked together at a large institutional funds management firm for a number of years.
For more information, please visit www.greencapecapital.com
Approach
Greencape believes equity markets are inefficient; investor sentiment and short-termism (the tendency to seek immediate profit at the expense of long-term security) can mask observable dynamics, leading to mispricing of stocks. This can present significant investment opportunities.
In addition, Greencape believes that capital allocation decisions, and the ability to earn appropriate returns from such decisions, are fundamental to creating value for shareholders. They also feel that influences of shareholder stewardship and business franchise strength on shareholder value are often underestimated.
Funds
Greencape Broadcap Fund
Strategy
The Greencape Broadcap Fund is an Australian equities fund which can take positions in companies of all sizes. It offers investors access to a diversified portfolio of large, mid and small cap Australian shares, providing the potential for capital growth above the S&P/ASX 300 Accumulation Index over the medium to long term.
Suits Investors Seeking:
- High levels of return and are comfortable with high volatility
- A diversified portfolio of large, mid and small cap Australian shares
- To invest for at least 5 years
Benchmark
S&P/ASX 300 Accumulation Index
Overview
Current as of September 2017
11 September 2006
Inception Date
0.95%
Management Fee
5 Years
Suggested Minimum Time Frame
A$246M
Funds Under Management*
Quarterly
Distribution Frequency
$10,000
Minimum Investment
HOW0034AU
APIR Code
*Funds under management displayed at a class level only.
Interests in the Greencape Broadcap Fund ARSN 121 326 341 are offered by Fidante Partners Limited ABN 94 002 835 592 AFSL 234 668 (Fidante Partners). Fidante Partners has appointed Greencape Capital Pty Ltd as the investment manager of the Fund.
Fund Performance (Net) as at: 30 Sep 2017
2.18%
1 month
4.39%
3 months
13.82%
1 year
9.24%
3 years (p.a.)
12.52%
5 years (p.a.)
6.00%
10 years (p.a.)
9.34%
Since inception (p.a.)
Past performance is not a reliable indicator of future performance.
1. Performance figures are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
2. The inception date for the Fund is 11 September 2006.
Unit Prices and Distributions
To view historical unit prices and distributions click here
Cumulative Fund Growth
1 Performance figures are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
Greencape High Conviction Fund
Strategy
The Greencape High Conviction Fund offers investors access to a highly concentrated portfolio of stocks. It can invest in Australian listed companies as well as up to 10% in stocks listed on any international stock exchange. Greencape aims to fully hedge any international asset exposure back to Australian dollars.
Suits Investors Seeking:
- High levels of return and are comfortable with high volatility
- To invest for at least 5 years
- To invest in a highly concentrated portfolio of Australian shares.
Benchmark
S&P/ASX 200 Accumulation Index
Overview
Current as of September 2017
11 September 2006
Inception Date
0.90%
Management Fee
5 Years
Suggested Minimum Time Frame
A$342M
Funds Under Management*
Quarterly
Distribution Frequency
$10,000
Minimum Investment
HOW0035AU
APIR Code
*Funds under management displayed at a class level only.
Interests in the Greencape High Conviction Fund ARSN 121 326 225 are offered by Fidante Partners Limited ABN 94 002 835 592 AFSL 234 668 (Fidante Partners). Fidante Partners has appointed Greencape Capital Pty Ltd as the investment manager of the Fund.
Performance Overview as at: 30 Sep 2017
1.74%
1 month
3.27%
3 months
14.78%
1 year
8.75%
3 years (p.a.)
11.66%
5 years (p.a.)
5.54%
10 years (p.a.)
9.28%
Since inception (p.a.)
Past performance is not a reliable indicator of future performance.
1. Performance figures are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
2. The inception date for the Fund is 11 September 2006.
Unit Prices and Distributions
To view historical unit prices and distributions click here
Cumulative Fund Growth
Our Team
