Hyperion Small Growth Companies Fund

Performance

Portfolio –
Net (%)
      Benchmark*
(%)
Excess
Performance (%)
 1 month 1.7 -0.5 2.2
 3 month 2.3 -1.8 4.1
 1 year 24.5 14.4 10.1
 3 years p.a. 12.0 10.4 1.6
 5 years p.a. 11.8 9.6 2.2
 7 years p.a. 14.6 6.7 7.9
 10 years p.a. 13.1 4.6 8.5
 15 years p.a. 13.4 5.1 8.4
 Since Inception** p.a. 15.3 7.4 7.8
 Since Inception**^ 1032.5 239.3 793.2

Top 5 Stock Holdings

Portfolio (%) Benchmark* (%)
  REA Group 9.9
  Domino’s Pizza 9.0
  Xero 8.5
  Nanosonics 8.4 0.9
  Wisetech Global 6.9

* Benchmark is the S&P/ASX Small Ordinaries Accumulation Index.
** Inception 30th September 2002
^ Total Return
Past performance is not a reliable indicator of future performance.

Fund Review

Class Limited (CL1-AU) provided a trading update for the first quarter ended 30 September 2019, announcing customer account growth of 1,558 accounts. This takes the company’s total number of accounts to 181,355 which comprises of 172,555 self-managed super funds on Class Super and 8,205 Class Portfolios. Over the quarter, the company continued to grow its market share to 28.1% and maintain a high 99% account customer retention rate to the end of June 2019.

Netwealth Group Limited (NWL-AU) released a market update for the first quarter ended 30 September 2019, reporting funds under administration (FUA) of $25.3b, an increase of $2.0b or 9% for the quarter. On an annual basis, FUA increased by $6.0b or +31%. Additionally, the company’s funds under management (FUM) increased by $496m or +13% to $4.4b during the quarter. Annually, FUM has grown by $1.4b or +44%. NWL-AU’s platform member accounts also achieved strong growth, increasing by 8,840 accounts or +14% to 72,711 member accounts as at 30 September 2019. Based on the latest Strategic Insights quarterly platform market update, NWL-AU increased its market share to 2.6% and achieved the highest quarterly and annual platform flows to June 2019, achieving net flows of +$1.5b and +$4.3b, respectively.

In Australia, the S&P/ASX 300 Index returned -0.4% after the Reserve Bank of Australia lowered the official cash rate to a new low of 0.75%. Health Care (+7.3%), industrials (+2.9%) and REITs (+1.4%) were the best performing sectors. Information technology (-3.2%), financials (-2.9%) and consumer staples (-2.2%) were the worst performers. Bulk commodity prices were mixed with hard coking coal and gold prices rising, whilst iron ore, thermal coking coal and brent oil prices fell. The U.S. dollar broadly declined against most G10 currencies during the month, expect against the Norwegian Krone and Japanese Yen.

OBJECTIVE: MEDIUM TO LONG-TERM CAPITAL GROWTH AND INCOME THROUGH INVESTING IN HIGH CALIBRE AUSTRALIAN COMPANIES PRIMARILY LISTED OUTSIDE THE S&P/ASX 100 AT THE TIME OF INVESTMENT.

Hyperion named AUSTRALIAN FUND MANAGER OF THE YEAR in the Morningstar 2016 Awards, Australia.

The Fund’s Product Disclosure Statement contains more complete information on risks and fees.

CONTACT US
DISTRIBUTION PARTNER
Pinnacle Investment Management Limited
Tel: 1300 010 311
distribution@pinnacleinvestment.com
DOWNLOAD PDF COPY OF FUND UPDATE
DISCLAIMER – HYPERION SMALL GROWTH COMPANIES FUND
Information for financial advisors only. The Hyperion Small Growth Companies Fund (ARSN 089 548 943) (‘Fund’) is currently closed to new applications. Pinnacle Fund Services Limited (ABN 29 082 494 362 AFSL 238 371) the Responsible Entity of the Fund is not licensed to provide financial product advice. Hyperion Asset Management Limited (ABN 80 080 135 897 AFSL 238 380) is the investment manager of the Fund. You should consider the current Product Disclosure Statement (‘PDS’) in its entirety and consult your financial adviser before making an investment decision. The current PDS of the Fund can be obtained via www.hyperion.com.au or by calling Hyperion at 1300 497 374 or via email to investorservices@hyperion.com.au. Pinnacle Fund Services Limited and Hyperion believe the information contained in this communication is reliable, however its accuracy, reliability or completeness is not guaranteed. To the extent permitted by law, Hyperion and Pinnacle Fund Services Limited disclaim all liability to any person relying on the information in respect of any loss or damage (including consequential loss or damage) however caused, which may be suffered or arise directly or indirectly in respect of such information contained in this communication. Any opinions or forecasts reflect the judgment and assumptions of Hyperion and its representatives on the basis of information at the date of publication and may later change without notice. The information is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice relevant to their particular circumstances, needs and investment objectives. Past performance is not a reliable indicator of future performance. Unless otherwise specified, all amounts are in AUD. All data is as at 31st October 2019 unless otherwise stated. Morningstar Awards 2016 (c). Morningstar, Inc. All Rights Reserved. Awarded to Hyperion Asset Management for Fund Manager of the Year, Domestic Equities – Large Caps Category Winner and Domestic Equities – Small Caps Category Winner, Australia.
You may know what you want to achieve with your savings in the long term but where should you invest now?
Start here
Show Buttons
Hide Buttons