The small cap that identifies long-term winners
Our Australian Small Companies Fund invests in a diversified portfolio of Australian small cap companies that we believe are undervalued and will provide consistent risk-adjusted returns with strong capital growth.
Greater alpha
We invest in mispriced companies with strong management and balance sheets that can generate high free cash flow, and that we believe will outperform the market based on our research.
A sharper focus
The two PMs that manage the Fund have more than 40 years’ experience covering all sectors of the market. This depth of insight gives us an edge when uncovering investments that can deliver substantial returns.
Consistent returns
By using our valuation framework, coupled with robust portfolio risk controls and our ESG scorecard, we can deliver a value premium with lower volatility compared to other managers.
| FUND PERFORMANCE
as at 31 March 2024 | Fund returns | Accumulation index | |
|---|---|---|---|
| Gross1 | Net2 | S&P/ASX Small Ordinaries | |
| 1 month | 4.02 | 3.96 | 4.79 |
| 3 months | 8.80 | 8.56 | 7.55 |
| 6 months | 12.85 | 12.37 | 16.71 |
| 1 year | 15.91 | 13.93 | 13.83 |
| 3 years p.a. | 0.00 | 0.00 | 0.00 |
| 5 years p.a. | 0.00 | 0.00 | 0.00 |
| 10 years p.a. | 0.00 | 0.00 | 0.00 |
| Since inception p.a. | 19.56 | 17.11 | 16.81 |
Reference:
1. Returns are pre fees, pre tax and the dividends are reinvested.
2. Returns are post fees, pre tax using redemption prices and assume reinvestment of distributions.
Returns for periods greater than one year are annualised.
Past performance is not a reliable indicator of future performance.
| Investment summary | Tyndall Australian Small Companies Fund | Managed by |
|---|---|---|
| Investment horizon | Long term, 5–7+ years |  Tim Johnston |
| Benchmark | S&P/ASX Small Ordinaries Accumulation Index | |
| Number of stocks | 25–70 | |
| Inception date | March 2023 |  James Nguyen |
| Minimum investment | $10,000 | |
| Fees | 90bps + 20% of outperformance of the S&P/ASX Small Ordinaries Accumulation Index (after fees), subject to all prior benchmark underperformance being recouped. | |
| Distribution | Semiannually | |
| APIR code: TYN8782AU • ARSN: 665 798 747 • Buy/sell spread: +0.30%/-0.30% | ||
Tyndall Australian Share Income Fund
Our income fund aims to deliver tax-effective income with long-term capital growth. Aims to exceed the dividend yield of the S&P/ASX 200 Accumulation Index (grossed up for franking credits) by 2% p.a. over rolling five-year periods, before fees, expenses and tax.
Income focus
Capital growth
We aim to create capital growth over the long term – providing an important hedge against inflation.
Tax effective
We invest in high dividend paying shares with franking credits, participating in off-market buy-backs and minimising turnover.
Unit price
Strong research and talented managers underpin this yield focused offering
Morningstar Global Fund Report published on 12 October 2020
| Investment summary | Tyndall Australian Share Income Fund | Managed by |
|---|---|---|
| Inception Date | November 2008 |  Brad Potter |
| Benchmark | S&P/ASX 200 Accumulation Index yield (grossed up for franking credits) | |
| Management Cost | 0.85% p.a. | |
| Min initial investment | $10,000 |  Jason Kim |
| Min additional investment | $1,000 | |
| Distribution frequency2 | Quarterly following 30 June, 30 September, 31 December, 31 March | |
| APIR code: TYN0040AU • ARSN: 090 089 562 • Buy/sell spread: 0.25%/0.25% | ||
Identifying undervalued businesses that can deliver higher risk-adjusted returns.
How to invest
For any enquiries in relation to our products, please contact Investor Services on 1800 034 494.
