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