Prime Value Emerging Opportunities Fund
The Fund seeks to achieve superior total returns by providing medium to long term capital growth investing in smaller capitalisation companies.
The Fund aims to achieve superior medium to long-term capital growth and attractive income distributions by investing in smaller companies with higher quality business models and typically high growth potential.
Awarded Small Cap Fund of the Year (2022) by Zenith and ranked the No. 1 small cap equities fund in Australia for the 3 years to June 2022 (Mercer). The Emerging Opportunities Fund is the only small cap fund to rank in the top quartile in each of the last three financial years of the Mercer survey (FY20, FY21 and FY22), demonstrating consistency in performance.
The team were also awarded Star Managers (2022) by Financial Newswire and SQM Research. These achievements are a testament to our unique and intuitive investment approach that balances wealth creation and capital preservation, anchored on a strong risk management framework, which has delivered industry-leading returns over longer time periods.
Our sole aim is long-term, compounding capital growth and we are personally invested in the fund.
The fund invests in listed companies outside the 100 largest on the Australian stock market. This provides a large range of quality companies and less competition from other investors.
Our benchmark of 8% p.a. is different to most other fund managers who are typically benchmarked to a stock market index. We invest to generate an investment return, not to beat an index.
We encourage investors to view the fund as an investment portfolio of high-quality companies, not an investment in “the market”.
Track record
Prime Value is an award-winning equity fund manager with a 24-year history.
Compounding Returns
Wealth creation through consistent attractive returns, not get-rich-quick lottery ticket investments.
Investment Style
Higher quality companies with strong growth prospects to deliver compounding capital growth.
Alignment of Interests
The portfolio manager is personally invested in the fund.
Risk Management
Avoidance of high-risk sectors like mining and pre-commercial biotech.
Quality bias and capital preservation focus reduce downside risk.
- Higher growth companies
- Typically market capitalisation below $4 billion
- A less researched part of the market
- More opportunities for active investors
- Long term approach focusing on higher quality businesses
- Diversification lowers risk
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The Fund:
- is comprised of a concentrated portfolio of securities outside the ASX100 as follows:
- ASX listed and other exchange-listed Australian securities 0% - 100%
- Unlisted Australian securities 0% - 20%
- Global listed securities 0% - 20%
- can at times be largely invested in cash and fixed interest (up to 100%), dictated by the attractiveness of investment opportunities and market conditions; and;
- can use derivatives for risk management purposes.
Prime Value will endeavour to work within the above guidelines, however, these should be viewed as objectives only and not absolute limits.
We fish in deep water
There are thousands of smaller companies across a broad range of industries, offering more diversity than the main index which is heavily weighted to banks and mining.
Investing in smaller companies offer exposure to a broader range of sectors and niche growing companies that aren’t available in large caps.
Where there are more fish and less fishermen
A broader range of options enables us to find high growth segments or mis-priced companies in which to invest and grow our capital at a faster rate.
Smaller companies are less researched and often mis-priced, presenting more opportunities for active, skilled fund managers.
We are experienced and trusted fishermen with superior performance
We are experienced and undertake an extensive company visitation program to uncover these gems and generate higher returns for our investors.
We fish for you and with you
Our management and investment team invest our capital alongside investors, hence manage investors’ money like our own.
This offers the highest level of commitment, conviction, and collaboration.
The information contained in this document is general in nature and has no regard to the specific investment objectives,
financial or particular needs of any specific recipient. It is not intended to constitute investment advice or a personal
securities recommendation. This presentation is not an Information Memorandum (IM) or a Product Disclosure Statement
(PDS) or an offer of units and contains a brief overview of the investment only. Any prospective investor wishing to make an
investment in the Fund must obtain and read the relevant IM or PDS (particularly the risk factors discussed) and complete an
application form attached to the IM or PDS. Neither Prime Value Asset Management Limited nor its associates or directors,
nor any other person, guarantees the success of the Prime Value Funds, the repayment of capital or any particular rate of
capital or income return, or makes any representation in relation to the personal taxation consequences of any investor’s
investment.
Prime Value is a multi-award winning boutique Australian investment manager with an impressive history of building wealth with investors since 1998.
As Responsible Entity of the Prime Value Emerging Opportunities Fund, it holds an Australian Financial Services License that authorises it to operate managed investment schemes. Prime Value is responsible for the management and administration of the Fund and sets the investment policies and objectives.
Track record and Investment style
Prime Value, established in 1998, has a long and successful history in funds management, gaining a reputation as a prudent investment manager.
Prime Value’s stable, talented investment team has successfully navigated many market cycles and a wide variety of investment situations including the Asian Currency Crisis, the early 2000’s tech boom and bust, the 2008 GFC, the resource boom and subsequent slow down and the rise of China as an economic power.
The team has considerable experience in the corporate sector; an advantage which allows Prime Value to speak the language of companies it invests with and ask the important questions when considering investing with them.
This experience has taught us that investment is more than just science, mathematics and statistics. Art and intuition, which comes from experience and skill, also play an important role.
Prime Value’s unique style is not easily replicated. We believe this willingness to follow our own path, combined with our strong culture and sense of stewardship, has driven our consistent record of performance and capital preservation.
Alignment of interest
Prime Value and its investment team are cornerstone investors in Prime Value Funds and have a true alignment of interest with other investors. In this way, “Building Wealth Together” is more than a slogan; it is the heart and soul of Prime Value.
A strong belief in “stewardship” – that managing money for others is an important responsibility – underpins Prime Value’s culture. This means a focus on absolute, after-tax performance and a clear priority of minimising investment mistakes.
Richard is a Portfolio Manager in the Australian Equities team.
He has over 16 years experience covering Australian equities in both portfolio management and research analyst roles.
Most recently he was at Contango for two years and portfolio manager of the small companies fund which registered top quartile performance over all periods up to two years.
He also worked as a portfolio manager at River Capital where the fund outperformed and senior research analyst at Ord Minnett where he was highly ranked.
Richard has also gained an understanding of business strategy and finance through his roles in industry where he worked for a number of companies in the IT and finance sectors in Europe.
Mike is a Portfolio Manager in the Australian Equities team.
Mike has over 20 years of Australian equity market experience at Rest, Goldman Sachs and Citi.
Benjamin joined Prime Value in 2020 as an equities analyst and is responsible for providing analytical support and fundamental research to the equities investment team.
Prior to Prime Value, Benjamin was a Manager in KPMG’s Corporate Finance team, specialising in business and asset valuations. Benjamin has over 6 years of corporate advisory experience across corporate finance, financial modelling, valuations, legal and tax.
Benjamin graduated in 2014 with double degrees, being Bachelors of Commerce (majoring in Finance) and Law (Hons.) from Monash University.
Benjamin is a CFA charterholder and has been admitted as an Australian lawyer by the Victoria Supreme Court.
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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
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