Eiger’s Australian Small Companies Fund awarded Highly Recommended rating by Lonsec

Tue, 21 Sep 2021 21:35:04 +0000

Stephen Wood

Specialist Australian small cap investor Eiger Capital has had the rating of its Eiger Australian Small Companies Fund upgraded to Highly Recommended by Lonsec^[1].

Eiger Capital was founded in March 2019 by Principals and Co-Portfolio Managers Stephen Wood, Victor Gomes and David Haddad who have a combined 70 years investment experience and previously worked together at UBS managing over $400 million in small cap funds.

Since its inception in March 2019 the high conviction, style-neutral, actively managed Eiger Australian Small Companies Fund (Fund) has delivered returns of 26.0% p.a. (net of fees) to outperform its S&P/ASX Small Ordinaries Accumulation Index benchmark by 11.4% p.a. as at 31 August 2021^[2].

Shorter term performance has also been impressive with the Fund returning 44.9% over the past 12 months to 31 August 2021 (net of fees), outperforming the benchmark by 15.4%^[2].

In its product review, Lonsec said it had increased the rating of the Fund to Highly Recommended because of the investment team’s experience, long record of working together and its well-structured and repeatable investment process. With the portfolio managers owning the majority of the equity in the business, the trio had a strong alignment with the interests of other investors, it said. Lonsec also noted that Eiger had an attractive capacity positioning.

Eiger Capital Principal and Portfolio Manager Stephen Wood said he and his partners were proud to have achieved Lonsec’s highest product rating. “We have had a pleasingly strong start since we launched in 2019 and recognition such as this will help us continue to build momentum in the retail market,” Wood said.

Eiger Capital is supported by Challenger Limited subsidiary Fidante Partners, which forms long term alliances with talented investment teams to support and grow specialist investment management businesses.

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[1] The rating issued 09/2021 for Eiger Australian Small Companies Fund is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2021 Lonsec. All rights reserved.
[2] Past performance is not a reliable indicator of future performance. Source: Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 (Fidante). Fidante is a member of the Challenger Limited group of companies (Challenger Group) and is the Responsible Entity and issuer of interests in the Fund. Other than information which is identified as sourced from Fidante in relation to the Fund, Fidante is not responsible for the information in this publication, including any statements of opinion. Fidante is not an authorised deposit-taking institution (ADI) for the purpose of the Banking Act 1959 (Cth), and its obligations do not represent deposits or liabilities of an ADI in the Challenger Group (Challenger ADI) and no Challenger ADI provides a guarantee or otherwise provides assurance in respect of the obligations of Fidante. Investments in the Fund are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Accordingly, the performance, the repayment of capital or any particular rate of return on your investments are not guaranteed by any member of the Challenger Group.

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Eiger Capital increases accessibility of leading Australian Small Companies Fund

Thu, 03 Dec 2020 20:45:34 +0000

Stephen Wood

Specialist Australian small companies equity manager Eiger Capital has broadened the accessibility of its highly rated Eiger Australian Small Companies Fund (Fund) with its addition to BT’s Panorama and Wrap platforms.

The Eiger Australian Small Companies Fund provides investors with exposure to a select, actively managed portfolio of diversified small to medium sized stocks listed on the ASX or NZX.

The Fund is rated Highly Recommended by Zenith^[1] and Recommended by Lonsec^[2]. Despite challenging market conditions, it has delivered a 10.05% return above the benchmark over the 12 months to 31 October 2020, returning investors 7.65% compared to the -2.40% performance of the S&P/ASX Small Ordinaries Accumulation Index (net of fees)^[3].

The Fund was added to HUB24 Super and IDPS in September, and Netwealth IDPS and Macquarie Wrap in August.

Eiger Capital Principal and Portfolio Manager Stephen Wood said the platform milestones were part of a strong entry for the Fund into the retail market over the past 12 months.

“Despite a difficult year for markets, we’ve been able to provide investors with strong returns thanks to our robust investment process, which is driven by fundamental, in-depth and comprehensive analysis of a business’s operations, which allows us to select fast-growing businesses capitalising on changing industry dynamics,” Wood said.

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[1] The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 ratings (assigned February 2020 – Eiger Australian Small Companies Fund) referred to in this document are limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines
[2] The rating issued 08/2020 for Eiger Australian Small Companies Fund is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2020 Lonsec. All rights reserved.
[3] Returns are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures. Past performance is not a reliable indicator of future performance. Source: Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 (Fidante), the Responsible Entity and issuer of interests in the Fund. Other than information which is identified as sourced from Fidante in relation to the Fund, Fidante is not responsible for the information in this publication, including any statements of opinion.

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Eiger’s Australian Small Companies Fund awarded Highly Recommended rating by Lonsec

Specialist Australian small cap investor Eiger Capital has had the rating of its Eiger Australian Small Companies Fund upgraded to Highly Recommended by Lonsec[1].

Eiger Capital increases accessibility of leading Australian Small Companies Fund

Specialist Australian small companies equity manager Eiger Capital has broadened the accessibility of its highly rated Eiger Australian Small Companies Fund (Fund) with its addition to BT’s Panorama and Wrap platforms.

Specialist Australian small cap investor Eiger Capital has had the rating of its Eiger Australian Small Companies Fund upgraded to Highly Recommended by Lonsec^[1].