Growing investments in the lucky country
In launching this Fund in 2005, we recognised that the breadth and depth of the Australian market would provide numerous opportunities to invest in great businesses, often in sectors that are not well represented in New Zealand.
This Fund is managed using exactly the same investment approach that we have successfully applied in New Zealand. We have established very good relationships with our Australian company management teams, and sometimes have to pinch ourselves at the number and diversity of investment opportunities that we uncover.
We are close to all our portfolio companies, visit them regularly and get to know the management teams well. Our investment team made more than 150 company visits in Australia during 2006. We never invest in a company without first meeting the management, and we pride ourselves on the relationships that we have established with the management teams and boards of many successful businesses.
Our Australian companies are probably quite different to those you’d find in a typical Australian portfolio. Rather than investing in banks, resource companies and large telecommunications companies, our portfolio is an eclectic mix of companies that you have probably never heard of. But they have all been selected because they met our stringent criteria, and because we believe they have real potential to substantially grow their earnings.
Keen to learn more about this Fund?
Current Unit Price (as at 18 March 2010) $2.1353
Fund Inception June 2005
How has the fund performed as at 28 February 2010
| |
 One Month |
Twelve Months |
Two Years* |
Three Years* |
Since Launch* |
Australian Growth
(Average Annual Compound Return) |
-2.5% |
+ 70.9% |
+ 2.0% |
- 4.1% |
+ 6.4% |
|
|
|
|
|
|
Benchmark
(90 Day Bank Bill Rate) |
+ 0.2% |
+ 3.0% |
+ 5.5% |
+ 6.6% |
+ 6.9% |
|
|
|
|
|
|
* Annualised
Fund Performance as at 28 February 2010
Graph illustrates cumulative increase in unit price (after fees and tax)
To find out more about what these companies do and why we like them
click here.
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Company Name
|
Web Address
|
ASX Stock Code
|
|
Aevum
|
|
AVE
|
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Arrow Energy
|
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AOE
|
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Austbrokers
|
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AUB
|
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Bravura Solutions
|
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BVA
|
|
Centrebet
|
|
CIL
|
|
Credit Corp
|
|
CCP
|
|
DWS Advanced Business Solutions
|
|
DWS
|
|
McMillan Shakespeare
|
|
MMS
|
|
Nick Scali
|
|
NCK
|
|
Oakton
|
|
OKN
|
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Pharmaxis
|
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PXS
|
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Pipe Networks
|
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PWK
|
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Reckon
|
|
RKN
|
|
Toxfree Solutions
|
|
TOX
|
|
Treasury Group
|
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TRG
|
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Vision Group
|
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VGH
|
|
WHK Group
|
|
WHG
|
| Noni B |
http://www.nonib.com.au/ |
NBL |
| Neptune Marine |
http://www.neptunems.com/ |
NMS |
 |
Frank Jasper, Senior Portfolio Manager, Director
Frank is responsible for overseeing the Australian portfolios. Frank worked for Tower Asset Management for ten years and as Global Analyst was involved in Australian equity research and portfolio management. Frank then worked as Head of Research for Mercer Investment Consulting for two years, and as Equity Strategist at ABN AMRO Craigs for three years. He joined Fisher Funds in April 2005. ... [email] |
 |
Terry Tolich, Senior Investment Analyst
Terry is predominantly responsible for researching Australian companies. Terry was a Senior Industrial Analyst with Goldman Sachs (NZ) J B Were for ten years prior to joining Fisher Funds in August 2006. In the 2006 INFINZ/National Business Review Industry Awards, Terry was the number one rated analyst in both the Retail and Building Materials sectors, and was a finalist in the Research Analyst of the Year Award. ... [email] |
For more detail on our investment strategy and application forms, please refer to our investment statement.
Our investment statement is available for download in PDF format. To download a copy click on the button below.
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Click here to listen to our Senior Portfolio Manager - Frank Jasper