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Hyperion Global Growth Companies Fund (Managed Fund) (ASX: HYGG)

Accessing the Hyperion Global Growth Companies Fund (Managed Fund)

Listed: Hyperion Global Growth Companies Fund (Managed Fund) (ASX: HYGG)

Since March 2021, investors have been able to invest in the Hyperion Global Growth Companies Fund (Managed Fund) via the ASX (ASX:HYGG). HYGG is the ticker code for investors wishing to invest in units of the Hyperion Global Growth Companies Fund (Managed Fund).

The Hyperion Global Growth Companies Fund (Managed Fund) launched in 2014 after ten years of research to identify high quality, long term growth companies around the world. The fund changed its name from Hyperion Global Growth Companies Fund on 5 February 2021 in order to facilitate quotation of the fund on the ASX.

The Fund, also known as an active ETF, is accessed via your ASX share trading platform, stockbroker or financial adviser.

You have a choice as to whether you hold units via the responsible entity (RE) or buy the units on the ASX in the same way you buy other publicly listed ETFs and shares.

HYGG units should generally trade on the ASX close to the prevailing Net Asset Value during the ASX trading day (subject to the market bid/offer spread). You can buy and sell units off market with the Responsible Entity at the prevailing end of day Net Asset Value (subject to transaction costs and spreads).

Unlisted: Hyperion Global Growth Companies Fund (Managed Fund)

Since 2014, investors have been able to buy units in the unlisted Hyperion Global Growth Companies Fund (Managed Fund). The fund changed its name from Hyperion Global Growth Companies Fund on 5 February 2021 in order to facilitate quotation of the fund on the ASX. The unlisted fund has a minimum investment of $20,000 and is accessed via the online application form (see “Apply now” button on the top of this page) or via an adviser.

For more information about the Hyperion Global Growth Companies Fund (Managed Fund), click here.

Overview of HYGG

Hyperion Global Growth Companies Fund (Managed Fund) (ASX: HYGG) is an active Exchange Traded Fund (ETF) also sometimes called an Exchange Quoted Managed Fund (EQMF). It gives investors access to the Hyperion Global Growth Companies Fund (Managed Fund) but is traded like shares, allowing investors to buy and sell during the trading day on the Australian Stock Exchange (ASX).

Simple to buy on the ASX
Simple:  Click to buy on the stock exchange. Easy to switch between quoted and unquoted unit
No minimum investment amount
Accessible:  No minimum investment amount
Buy and sell intra day on the ASX
Liquid:  Investors can buy/sell intraday on the ASX
Live trading prices
Transparent:  Live trading price, quarterly full portfolio disclosure

About Active ETFs

Active ETFs are actively managed by fund managers to generate alpha and outperform relevant benchmarks. They are also sometimes known as Exchange Quoted Managed Funds (EQMFs), Exchange Traded Managed Funds (ETMF), listed managed funds or quoted managed funds.

Active ETFs will aim to beat the benchmark using a number of active investing strategies. They operate in a similar way to traditional managed funds but have the benefit of transparent, live intra-day pricing and market-making capability.

Investors invest in the active ETF by using a stockbroker, financial adviser or share trading platform.

Objective

3 & 5 Year Performance*

▬▬ Hyperion Global Growth Companies Fund (Managed Fund)

▬▬ Benchmark - MSCI World Accumulation Index (AUD)

*Inception: 1 June 2014, as at 31 May 2021. These are historical investment returns. Returns are net of applicable fees and costs. Performance is calculated on the basis that any distributions are reinvested. All p.a. returns are annualised.

Disclaimer: Past performance is not a reliable indicator of future performance.

Investors who apply for units directly with the Responsible Entity may pay a different price per unit to an investor who purchases those units on the ASX at the same time, and such differences may have a material impact on the performance of that investment. The above performance reflects the performance of the Fund where units are purchased and redeemed directly with the Responsible Entity only.

The fund changed its name from Hyperion Global Growth Companies Fund on 5 February 2021 in order to facilitate quotation of the fund on the ASX. Please consider the Product Disclosure Statement (PDS) of the Fund, which provides more complete information on the Fund, in its entirety before making an investment decision.

Hyperion Global Growth Companies Fund (Managed Fund) (ASX: HYGG) seeks to achieve long-term investment returns by investing in high quality companies primarily listed on recognised global exchanges.

The Fund’s portfolio is the result of over 10 years of research into global businesses. As with all Hyperion’s investments, the Fund is committed to protecting and growing our investors’ capital over the long term. When we invest in listed companies on our clients’ behalves, we have the mindset of long-term business owners, not short-term traders.

The average holding period for the companies in our portfolios is 10 years and long-term sustainability of the businesses in which we invest is core to our philosophy.

To learn more about Hyperion’s analysis of global equity marketing investing, download Hyperion Asset Management’s Guide to Successful Long-Term Investing by clicking here.

Performance

Portfolio – Net (%) Benchmark^ (%) Excess Performance (%)
1 Month -3.0 1.3 -4.3
3 Month 1.9 9.9 -8.0
1 Year 35.9 21.2 14.7
3 Year (p.a.) 24.7 14.1 10.5
5 Year (p.a.) 23.5 13.3 10.1
Inception (p.a.)* 22.3 13.8 8.6

Data as at 31 May 2021. These are historical investment returns. Returns are net of applicable fees and costs. Performance is calculated on the basis that any distributions are reinvested. All p.a. returns are annualised.

Disclaimer: Past performance is not a reliable indicator of future performance.

*Inception: 1 June 2014

^Benchmark: MSCI World Accumulation Index (AUD).

Investors who apply for units directly with the Responsible Entity may pay a different price per unit to an investor who purchases those units on the ASX at the same time, and such differences may have a material impact on the performance of that investment. The above performance reflects the performance of the Fund where units are purchased and redeemed directly with the Responsible Entity only.

The fund changed its name from Hyperion Global Growth Companies Fund on 5 February 2021 in order to facilitate quotation of the fund on the ASX. Please consider the Product Disclosure Statement (PDS) of the Fund, which provides more complete information on the Fund, in its entirety before making an investment decision.

Growth of $100,000 invested at 1 June 2014, as at 31 May 2021*.

▬▬ Hyperion Global Growth Companies Fund (Managed Fund)

▬▬ MSCI World Accumulation Index (AUD)

*Investment of $100k since 1 June 2014, as at 31 May 2021. These are historical investment returns. Returns are net of applicable fees and costs. Performance is calculated on the basis that any distributions are reinvested.

Disclaimer: Past performance is not a reliable indicator of future performance.

Investors who apply for units directly with the Responsible Entity may pay a different price per unit to an investor who purchases those units on the ASX at the same time, and such differences may have a material impact on the performance of that investment. The above performance reflects the performance of the Fund where units are purchased and redeemed directly with the Responsible Entity only.

The fund changed its name from Hyperion Global Growth Companies Fund on 5 February 2021 in order to facilitate quotation of the fund on the ASX. Please consider the Product Disclosure Statement (PDS) of the Fund, which provides more complete information on the Fund, in its entirety before making an investment decision.

Net Asset Value

Hyperion Global Growth Companies Fund (Managed Fund)

16th June 2021

Application Price Net Asset Value Redemption Price
4.0243 4.0123 4.0003

Historical unit prices

Investors who apply for units directly with the Responsible Entity may pay a different price per unit to an investor who purchases those units on the ASX at the same time, and such differences may have a material impact on the performance of that investment. The above performance reflects the performance of the Fund where units are purchased and redeemed directly with the Responsible Entity only.

Reports and updates

Monthly fund updates

For the Hyperion Global Growth Companies Fund (Managed Fund)’s most recent results including its performance for the last month, please download the monthly fund update.

Latest Update

Annual report

Each financial year, the Directors of the Hyperion Global Growth Companies Fund (Managed Fund) produce an audited financial statement for the Fund.

Latest annual report

Market information

ASX announcements

The Fund will report to the ASX as required. Investors can visit asx.com.au for all announcements. The latest announcements are also available below.

* An indicative NAV per Unit (iNAV) will be published on the Fund’s website throughout the ASX Trading Day. The iNAV will be based on the latest closing price of each security, and will take into account proxies (including futures) where a live price is unavailable (for example, if the relevant market is closed). The iNAV reflects the real time movements in stock markets and currencies during the ASX Trading Day and, for securities not trading during the ASX Trading Day, listed proxy instruments selected on the basis of correlations with the underlying investments. The proxies and their correlations with underlying instruments are reviewed regularly and updated as required.

The iNAV represents the best estimate by the Responsible Entity or its appointed agents of the value per unit in the Fund throughout the trading day. No assurance can be given that the iNAV will be published continuously or that it will be up to date or free from error. To the extent permitted by law, neither the Responsible Entity nor its appointed agent shall be liable to any person who relies on the iNAV.

Ticker iNAV tickers
Solactive ICE
ASX HYGG
Bloomberg HYGG AU Equity HYGGAUIV HYGGIV
Reuters/Refinitiv HYGG.AX HYGGAUDINAV=SOLA HYGGAUiv.P
IRESS HYGG.AXW HYGGAUDINAV HYGG-AUINAV

Portfolio Construction

Hyperion Asset Management’s strategy uses rigorous and in-depth quantitative and qualitative analysis to establish a unique portfolio. The Fund invests in a concentrated portfolio of 15-30 high quality, growth-orientated companies which the investment team considers structural leaders.

We believe these companies have above-average long-term growth potential, low levels of gearing and predictable long-term earnings streams.

The Fund’s investment portfolio holds companies that we consider to:

  • Own high quality business franchises

  • Have above average growth potential

  • Have low levels of gearing

  • Have predictable medium to long-term earnings streams

Please consider the Product Disclosure Statement (PDS) of the Fund, which provides more complete information on risks and fees, in its entirety before making an investment decision.

Make an investment

HYGG is traded on the ASX just like other Australian shares. This means you can buy and sell units in HYGG through your share trading account, your broker or a licensed adviser, just as you invest in shares in other ASX-listed companies.

There are no minimum investment amounts when buying HYGG via the ASX.

HYGG is the ASX-listed version of Hyperion Global Growth Companies Fund (Managed Fund). You can own units in the unlisted managed Fund by applying online to the Unit Registry.

The minimum unit holding is $20,000.

Fund Facts

Product Information
ASX Ticker HYGG
Name Hyperion Global Growth Companies Fund (Managed Fund)
Responsible Entity Pinnacle Fund Services Ltd
Manager Hyperion Asset Management Ltd
Base Currency Australian Dollar
Fund Structure Exchange Quoted Managed Fund
Currency Hedged No
Inception Date (Fund) 31/05/2014
Active ETF Listing Date 22/03/2021
Mgt. Fee (% p.a.) 0.70% of NAV, fees are inclusive of GST and net of any applicable Reduced Input Tax Credits (‘RITC’)
Perf. Fee (% p.a.) 20% over benchmark, net of Mgt Fee
Benchmark MSCI World Accumulation Index (AUD)
Trading Information
Exchange ASX
Trading Currency Australian Dollar
Unit Valuation (NAV) Daily
Registry Automic
Administrator Citi
iNAV Providers Solactive (Primary) & ICE (Secondary)
Market Maker Citi
Pricing Intra-day
Settlement T+2 days

FAQs

You are investing in the same fund but you have a choice whether you hold unlisted units via the responsible entity (RE) or buy the listed units on the ASX in the same way you buy other publicly listed ETFs and shares.

Exchange quoted managed funds are actively managed by fund managers to generate alpha and outperform relevant benchmarks. They are also sometimes known as active Exchange Traded Funds (ETFs), Exchange Traded Managed Funds (ETMF), listed managed funds or quoted managed funds.

Exchange quoted managed funds will aim to beat the benchmark using a number of active investing strategies. They operate in a similar way to traditional managed funds but have the benefit of transparent, live intra-day pricing and market making ability which ensures liquidity.

Investors invest in the exchange quoted managed funds by using a stockbroker, financial adviser or share trading platform.

Hyperion Global Growth Companies Fund (Managed Fund), whether accessed as a listed or unlisted fund, rarely pays distributions.

The focus of the investment strategy is capital preservation and growth. This means the Investment Team identifies high quality companies from around the world that have above average long-term growth potential, low levels of gearing, competitive advantages and predictable medium to long term earning streams.

To invest via the ASX – You can buy and sell units in HYGG via your online share trading platform, your stockbroker or your financial adviser.
To invest via the responsible entity – You can apply online or download a printer-friendly application form. In either case, you will need to print the completed form, sign and return to us via post. You can access the forms by clicking here.

The avenue by which you invested in the Fund, either via buying units from the responsible entity (RE) or via the ASX, does not restrict how you can withdraw your investment.

To withdraw via the ASX – Log into your share trading platform and issue a sell order, just as you would for any listed ETF or share. This is a straight forward process if you have a Holder Identification Number (HIN) associated with your holding. If have a Securityholder Reference Number (SRN), ask your stockbroker if they can sell your units on your behalf. If they are unable to do that, you will need to ask your stockbroker or trading platform if they can convert your holding into a HIN after which you will be able to sell your holding via the ASX.

To withdraw via the responsible entity (RE) – Complete a redemption request form available at https://www.hyperion.com.au/forms/ and submit it to the responsible entity (RE). You will need to provide your SRN or Investor Number on the withdrawal form. If you have a Holder Identification Number (HIN) instead, you will need to convert your holding from a HIN to a SRN with the assistance of your stockbroker or online trading platform.

Please note that there are differences when you redeem via the responsible entity (RE) or by selling on the stock exchange including the price you may pay. You should read the PDS or speak with your adviser before you decide which avenue you use.

Stay Connected

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Disclaimer and disclosure
All website content in respect of the Hyperion Global Growth Companies Fund (Managed Fund) (ARSN 611 084 229) (the Fund) is issued by Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 235 150 (“PFSL”) as responsible entity of the Fund and is prepared by Hyperion Asset Management Limited (ABN 80 080 135 897) (AFSL 238380) (“ Hyperion”) as the investment manager of the Trust. PFSL is not licensed to provide financial product advice.
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current product disclosure statement (PDS) of the Fund and the Fund’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au/, and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.
Neither PFSL nor Hyperion guarantees repayment of capital or any particular rate of return from the Fund. Neither PFSL nor Hyperion gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Hyperion as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.
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