About the Fund
The Paradice Australian Mid Cap Strategy does not bias value or growth but ensures the fund buys stocks that are cheaper than the market relative to their growth profile.
The process of selecting a stock involves meeting with the companies themselves, other competitors or private businesses in the same industry as well as with analysts who specialise in the respective fields. The key focus area is on management, the current and future cash flows to the providers of capital and the quality of the balance sheet. The strategy is bottom up focussed but very aware of the broader macro drivers. Once the research and analysis process is complete the team’s assessment of value relative to risk will determine the inclusion and weighting of 30-70 stocks in the portfolio. Given the bottom up portfolio construction process the sector weights are more of an outcome of the stock selection process, however the overall portfolio construction process takes into consideration risks such as liquidity and industry concentration.
The strategy is not precluded from investing in stocks not held by the index however they must fall within the investment universe meaning the fund will stay true to its Mid Cap investment objective.
The Paradice Australian Mid Cap fund aims to outperform its Composite Index: 70% S&P ASX Mid Cap 50 Index and 30% of the S&P/ASX Small Ordinaries Index by 3% pa over three year periods (after management fees and before tax). Who can invest?
The Paradice Mid Cap Equities Fund is currently closed to Institutional Investors however Wholesale Investors can still access the fund.
How to invest?
To invest in the Fund, please complete the below Application form and make payment via electronic bank transfer (see details in the Application Form). Completed Application Forms should be sent along with your identification documents (if applicable) to: Registry Services GPO Box 1406, Melbourne VIC 3001 Fax: 1300 365 601. Please note that cash cannot be accepted. You should read the PDS listed below, as it contains important information about the Fund. The Fund is only open to Wholesale Clients.
Application form (PDF download) PDS (PDF download) Reference guide (PDF download) Additional Application form (.doc download)