Allan Gray Australia Equity Fund (Class A)

The Allan Gray Australia Equity Fund seeks to provide long-term returns that are higher than the Benchmark - the S&P/ASX 300 Accumulation Index.

Our investment approach is contrarian. We believe that investing in shares that we assess to be undervalued, identified through fundamental research offers the potential for strong returns over the long term. 

A contrarian approach to investing avoids popular trends and aims to uncover opportunities in areas that are overlooked or discarded by other investors.

We aim to be fully invested in Australian-listed equities at all times, with no more than 10% in cash. You can learn more in the Fund’s Product Disclosure Statement and accompanying Information Booklet (together, the PDS).

The Fund may suit you if:-

• You want to diversify an Australian equities portfolio
  Being contrarian, our Funds are unlike those of our peers, so you need to be comfortable holding an investment that looks and performs differently from the others in your portfolio. Not only does being contrarian bring the opportunity for outperformance, but because we choose shares that are often overlooked or discarded by other investors, the Fund can be an effective way to diversify and complement other funds in a portfolio.

• You can invest for the long term
  In a competitive market it is difficult to have an edge. Focusing on the long term and being patient is one of the few advantages that we believe will endure.  Investors who share our long-term philosophy could be rewarded, as we look past the short-term noise and wait patiently for the value in our shares to be recognised by the market.

• Fully invested - the Fund aims to be fully invested in the Australian sharemarket with no more than 10% in cash.
• Access to a time-tested, contrarian investment approach - as a contrarian investor, Allan Gray goes against current market trends, buying an investment when it’s undervalued in a less optimistic environment then selling it when the market recognises the share’s potential and it reprices. By investing for the long term, we look past the short-term market noise and wait patiently for a share’s value to improve. We believe bottom-up research is key to finding true value. We do not rely on macroeconomic forecasting or third-party research. Rather, the team our Allan Gray analysts undertake their own rigorous research into each individual company to uncover value.
• Benchmark-unaware and high conviction - Allan Gray will not buy a security simply because it is in the S&P/ASX 300 Accumulation Index (Benchmark) – it has to offer value. We will take significant positions in securities that we believe offer outstanding value, even if these securities are not in the Benchmark.
• Focused on the long term - in a competitive market, it is difficult to have an edge. Focusing on the long term and being patient is one of the few advantages that we believe will endure.  We aim to look past the short-term noise and wait patiently for the value in our selected securities to be recognised by the market. In this way, the Fund’s investments often have a long-term focus of five to ten years.

Please download the latest Fund Fact Sheet to see the Fund's latest top ten holdings, sector allocations and classifications of holdings.

The information provided above has been issued by Allan Gray Australia Pty Limited ABN 48 112 316 168, AFSL No. 298487. Equity Trustees Limited ABN 46 004 031 298, AFSL 240975 is the issuer of units in the Allan Gray Australia Equity Fund, Allan Gray Australia Balanced Fund and Allan Gray Australia Stable Fund.

This information is of a general nature and is not an offer to sell, or a solicitation to buy, interests in any financial products. It has been prepared without taking into account the individual objectives, financial situation or needs of any particular person. Before acting, you should consider its appropriateness having regard to your objectives, financial situation or needs and consider seeking financial advice. You should obtain the relevant disclosure documents to any of the financial products mentioned above before deciding to acquire, dispose of or hold an investment in these products.

Disclosure documents including the Target Market Determinations can be found at allangray.com.au/PDS-TMD-documents. Past performance of any financial product mentioned is not a reliable indication of future performance. When making an investment, an investor’s capital is at risk. We have tried to ensure that the information here is accurate in all material respects, but cannot guarantee that it is.