Ausbiz: the new global SMID cap opportunity for Australian investors
Ausbiz: the new global SMID cap opportunity for Australian investors Houston-based investment manager, Vaughan Nelson,...
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Fund Overview
Best ideas portfolio, trading on the ASX
Based on our team’s deep research, this portfolio offers our best investment ideas in Global SMIDs as an active ETF quoted on the ASX.
Focus on targeted return
Built on investments we have identified with the ability, in our view, to generate attractive returns over the longer-term.
We trade time for value
Exploits short-term volatility and poor short-term price discovery due to the fund’s longer time horizon.
SMID cap expertise
Managed by a global team with deep research expertise and strong capital allocation track record.
Investment objective
The Fund aims to outperform the MSCI ACWI SMID Cap Index (after fees and expenses and before taxes) on a rolling five-year basis.
Investment process
The Vaughan Nelson Global SMID Cap Equity team seek investments that in our view have the ability to generate attractive returns over the longer-term.
Stock selection is driven by this targeted return objective, not benchmark construction.
The investment team have a rigorous, bottom-up fundamental analysis and disciplined approach to help uncover drivers of long-term strong performance.
3 lenses for success
Undervalued earnings growth
Where the future redeployment of capital is not reflected in current valuation
Undervalued assets
Where the asset is priced at a significant discount or we identify a catalyst to close the valuation gap.
Undervalued dividend yield
Where the majority of targeted return is generated by the dividend.
Key documents
Fund Facts
The Vaughan Nelson Global Equity SMID Fund (Quoted)
| Portfolio Managers | James Eisenman, CFA, CPA Marco Priani, CFA, CPA, FRM Kevin Ross, CFA Chris Wallis, CFA, CPA Find out more |
| Benchmark | MSCI ACWI SMID Cap Index |
| Inception | 1 June 2022 |
| ARSN | 657 058 841 |
| APIR | IML9286AU |
| Market code | VNGS (ASX) |
| Distribution frequency | Generally Annually |
| Performance fee | Nil (the constitution for the Fund permits a performance fee to be charged. However the RE has waived its right to charge this fee) |
| Management fee | 1.12% per annum (inclusive of the net effect of GST) |
| iNAV providers | ICE (primary) Solactive |