Value Fund

The Merlon Concentrated Value Strategy is a portfolio of what we consider to be undervalued companies constructed without regard to index weights.

Differentiating features of the Strategy

  • Deep fundamental research. This is where we spend the vast majority of our time and ultimately how we expect to deliver superior risk-adjusted returns for investors.
  • Portfolio diversification with no reference to index weights. The benchmark unaware approach to portfolio construction is a key structural feature, especially given the concentrated nature of the ASX200 index.
  • Sustainable income: Potential for consistent and sustainable income by investing in undervalued shares expected to deliver an attractive dividend stream, supported by strong underlying cash flows.

Fund Facts

Merlon Concentrated Value Strategy (Wholesale Investors)

Investment objective The Fund aims to outperform the benchmark over rolling three year periods measured as a total return inclusive of franking credits.
Benchmark S&P/ASX 200 Accumulation Index (inclusive of franking credits)
Stocks held in portfolio 25-35
Minimum investment timeframe  At least five years
Investment Universe The Fund’s investment universe is primarily securities listed on the ASX, or those that Merlon expects to be listed within the next six months. The Fund can also invest in cash.
Investment Parameters*  Securities 80-100%; Physical Cash 0-20%

For more information, please contact Merlon directly: info@merloncapitalpartners.com.au

Merlon Concentrated Australian Share Fund (Retail Investors)

Investment objective The Fund aims to outperform the benchmark over rolling three year periods measured as a total return inclusive of franking credits.
Benchmark S&P/ASX 200 Accumulation Index (inclusive of franking credits)
Stocks held in portfolio 25-35
Minimum investment timeframe  At least five years
Investment Universe The Fund’s investment universe is primarily securities listed on the ASX, or those that Merlon expects to be listed within the next six months. The Fund can also invest in cash.
Investment Parameters*  Securities 80-100%; Physical Cash 0-20%
Management Fee 0.85% p.a.
Performance Fee 15.00% of the Fund’s daily return (after fees and expenses, inclusive of franking credits, and after adding back distributions paid) above the Performance Benchmark.
Performance Benchmark S&P/ASX 200 Accumulation Index (inclusive of franking credits).
APIR Code HOW2217AU