Australian Emerging Companies Strategy

Investment strategy

The Australian Emerging Companies Portfolio offers investors exposure to a long-term, concentrated portfolio of high quality, small cap Australian listed equities.

The small cap sector is a more inefficient part of the market, providing significant opportunities to add value utilising our detailed bottom-up investment philosophy.

The Portfolio adopts DNR Capital’s investment philosophy, owning small-cap, quality companies. We define quality companies as those with earnings strength, superior industry position, sound balance sheet, strong management and ESG risk assessment. Our assessment of a company’s quality is overlaid with a detailed valuation assessment where we are seeking to exploit mispriced, market inefficiencies.

The Portfolio is long-only, “style neutral” and invests over a five year period.

Portfolio performance

Return on $100,000 invested at inception

Download performance report

	1mth	3mth	6mth	1yr	3yr	5yr	Inception*
	%	%	%	%	% p.a.	% p.a.	% p.a.
DNR Capital Australian Emerging Companies Strategy	7.04%	12.66%	26.55%	48.78%	14.13%	20.05%	19.98%
S&P/ASX Small Ordinaries Total Return Index	1.32%	7.29%	7.28%	19.88%	-0.08%	4.60%	4.90%
Excess return	5.72%	5.37%	19.27%	28.90%	14.21%	15.45%	15.08%