Leading research house, Lonsec Research, has upgraded the DNR Capital Australian Emerging Companies Fund to ‘Highly Recommended’ indicating Lonsec has very strong conviction the product can meet its investment objectives.
“The manager’s track record has delivered impressive relative performance outcomes since the Fund’s inception [in August 2018] along with the portfolio management team’s co-tenure and stability has led to increased conviction in the capability,” Lonsec said in its report.
Lonsec said the Fund’s Portfolio Managers, Sam Twidale and Mark Sedawie, are dedicated to small cap research and contribute their insights to the broader investment team.
“We are extremely pleased to receive this upgrade. Lonsec has recognised the skills of our team and our bottom-up stock selection process which focusses on quality companies at attractive valuations,” Portfolio Manager, Sam Twidale said.
Lonsec listed the Fund’s high-conviction, concentrated approach (the Fund invests in 20 to 45 companies) as one of its key strengths, along with a boutique investment culture and a highly regarded and well-structured investment process.
1 DNR Capital Australian Emerging Companies Fund, ARSN 627 783 957, APIR: PIM4357AU
2 Performance for the DNR Capital Australian Emerging Companies Fund is net of fees as of 31 October 2024. Past performance is not indicative of future performance.
IMPORTANT NOTE: This media release has been prepared and issued by DNR Capital Pty Ltd, AFS Representative – 294844 of DNR AFSL Pty Ltd ABN 39 118 946 400, AFSL 301658 as the investment manager of the DNR Capital Funds. The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL No 235150 (as part of the Perpetual Limited group of companies) is the responsible entity and issuer of units in DNR Capital Funds. It is general information only and is not intended to provide you with financial advice and has been prepared without taking into account your objectives, financial situation or needs. You should consider the product disclosure statement (PDS) for the relevant DNR Capital Fund, prior to making any investment decisions. The PDS and target market determination (TMD) can be obtained for free by calling DNR Capital on 07 3229 5531 or by visiting the Fund website dnrcapital.com.au/invest. If you require financial advice that takes into account your personal objectives, financial situation or needs, you should consult your licensed or authorised financial adviser. This information is only as current as the date indicated and may be superseded by subsequent market events or for other reasons. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. All investments contain risk and may lose value. Neither DNR Capital nor any company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor’s capital. Neither DNR Capital nor Perpetual give any representation or warranty as to the reliability or accuracy of the information contained in this communication. Total returns shown for the DNR Capital Funds are calculated using exit prices after considering all of Perpetual’s ongoing fees and assuming reinvestment of distributions. No allowance has been made for taxation. Past performance is not indicative of future performance.
The rating published on 10/2024 for (APIR: PIM4357AU, DNR Capital Australian Emerging Companies Fund) is issued by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec Research). Ratings are general advice only and have been prepared without taking account of investors’ 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 Research assumes no obligation to update. Lonsec Research uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.