Value Fund

The Merlon Concentrated Australian Share Fund is a portfolio of what we consider to be undervalued companies constructed without regard to index weights.

Differentiating features of the Fund

  • Deep fundamental research. This is where we spend the vast majority of our time and ultimately how we expect to deliver superior risk-adjusted returns for investors.
  • Portfolio diversification with no reference to index weights. The benchmark unaware approach to portfolio construction is a key structural feature, especially given the concentrated nature of the ASX200 index.
  • Sustainable income: Potential for consistent and sustainable income by investing in undervalued shares expected to deliver an attractive dividend stream, supported by strong underlying cash flows.
You should read the Fund’s Target Market Determination (TMD) and the Fund’s Product Disclosure Statement (PDS) to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs. These documents are available on the Apply Now page on this website. 

Fund Facts

Merlon Concentrated Value Strategy (Wholesale Investors)
Investment objective The Fund aims to outperform the benchmark over rolling three year periods measured as a total return inclusive of franking credits.
Benchmark S&P/ASX 200 Accumulation Index
Stocks held in portfolio 25-35
Minimum investment timeframe  At least five years
Investment Universe The Fund’s investment universe is primarily securities listed on the ASX, or those that Merlon expects to be listed within the next six months. The Fund can also invest in cash.
Investment Parameters*  Securities 80-100%; Physical Cash 0-20%

For more information, please contact Merlon directly: info@merloncapitalpartners.com.au

Merlon Concentrated Australian Share Fund (Retail Investors)
Investment objective The Fund aims to outperform the benchmark over rolling three year periods measured as a total return inclusive of franking credits.
Benchmark S&P/ASX 200 Accumulation Index
Stocks held in portfolio 25-35
Minimum investment timeframe  At least five years
Investment Universe The Fund’s investment universe is primarily securities listed on the ASX, or those that Merlon expects to be listed within the next six months. The Fund can also invest in cash.
Investment Parameters*  Securities 80-100%; Physical Cash 0-20%
Management Fee 0.52% p.a.
Performance Fee 20.00% of the Fund’s daily return (after fees and expenses, inclusive of franking credits, and after adding back distributions paid) above the Performance Benchmark.
Performance Benchmark S&P/ASX 200 Accumulation Index
APIR Code HOW2217AU