Financial Keys - A member firm of Genesys Wealth Advisers

 




Key Growth Model - Portfolio Change

Introduce – Flinders Emerging Companies

Rationale

The Investment Committee has made a change to the portfolio by allocating to a dedicated and specialist Australian small companies manager in Flinders Emerging Companies. Flinders is co-owned by the investment team and their distribution partner, Warakirri Asset Management. The investment team came together in 2015, after knowing each other for some time, having worked together previously; and has a combined investment experience of more than 60 years.

The team aims to identify companies early in their life cycle adhering to their Growth investment style whilst using their strong valuation framework to ensure they aren't overpaying for that future growth. Individual stock coverage responsibilities are clearly defined whilst the investment team employs an extensive company and key stakeholder visitation schedule. The Committee especially likes Flinders’ valuation and portfolio discipline which sees them top and tail position sizing as appropriate whilst employing a strong sell discipline.

The addition of Flinders to the portfolio comes at the small reductions across the Australian equity funds already held in the portfolio, nicely complements these funds, and adds some additional small companies exposure.

The Financial Keys Investment Committee have negotiated a discount on the management fee of the Flinders Emerging Companies Fund within the Key Managed Models. The standard management fee for the Flinders Emerging Companies Fund is 1.10%, this is discounted to 0.65% for Financial Keys clients, with the rebate passed on to clients in full.

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Financial Keys Pty Ltd (ABN 71 089 066 955) trading as Financial Keys Corporate
Authorised Representative of Financial Keys Advice Pty Ltd

ABN: 70 626 699 607 | AFSL: 509 930