Managed funds

Celeste Australian Small Companies Fund

The Celeste Australian Small Companies Fund is a high conviction Australian Small Companies Fund, providing an actively managed exposure to ASX-listed shares that are outside of the ASX100. The Celeste Australian Small Companies Fund typically invests in approximately 30-50 companies that they expect will outperform over the medium to long term.

  • About the Manager

    About the manager

    Zurich Investments provides exclusive access to specialist managers recognised as being amongst the best in their area of expertise. Effective 12 August 2019 we partnered with Celeste Funds Management in an exclusive distribution arrangement for this fund to Australian advisers.

    Celeste Funds Management is an employee owned, specialist small companies investment manager that has been generating long-term wealth for its clients since 1998. Celeste has a sole focus on Australian small companies listed on the ASX. Celeste executes a well-established analytical investment process that has a long history of delivering attractive above benchmark tax effective returns. The Celeste dedicated investment team has over 80 years combined experience in financial markets.

     

    Paul Biddle
    Portfolio Manager
    (with Celeste since 2005)
    Martin Byers
    Portfolio Manager
    (with Celeste since 2017)
    Frank Villante
    CIO & Portfolio Manager
    (with Celeste since 2004)
     
  • Overview

    Managed by our strategic investment partner Celeste Funds Management the Celeste Australian Small Companies Fund seeks opportunities where share prices vary materially from the manager's assessment of intrinsic worth. Celeste believes the intrinsic worth of any security is determined by the value of its future cash flows, and that a disciplined investment process is essential to capturing alpha, managing investment risk, and minimising the scope for capital loss.

    The fund aims to achieve returns above the S&P/ASX Small Ordinaries Accumulation Index, net of all fees, over a rolling five-year period.


    Click on the thumbnails below to learn more about the Celeste Australian Small Companies Fund:
  • Performance

    Performance

  • How to Invest with Celeste
  • Latest Insights

    Check here for the latest articles and insights from our Fund Manager

    February 18, 2021

    Thank you Mr Scali

    The 2020 year will forever be inextricably linked to Covid-19. The pandemic caused severe dislocation in societal norms and lifestyles which, when supported by various fiscal stimulus measures, resulted in an accompanying shift in consumer spending habits.

For the latest updates from our Investment Specialists and our Fund Manager partners on the evolving COVID-19 situation, click here.

More information

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Recommended by

The Celeste Australian Small Companies Fund is recommended by these leading research houses:

 

Lonsec
Recommended
The 'Recommended' rating indicates that Lonsec has strong conviction the financial product can generate risk adjusted returns in line with relevant objectives and is considered an appropriate entry point to this asset class or strategy.^

 

Zenith
Recommended
Recommended products are deemed strong investments within their respective asset class, typically rating first quartile on most criteria.#

 

Morningstar Bronze

Bronze as at October 2019
Funds in this category have advantages that clearly outweigh any disadvantages across the pillars.1