Montgomery’s partnership with U.S. based Polen Capital celebrates its six-month anniversary this month. In March this year Montgomery launched the Polen Capital Global Growth Fund to Australian and New Zealand investors, and will be launching further capabilities with the Polen Capital team in the not-so-distant future.

This six-month anniversary also coincides with the Polen Capital Global Growth strategy now available to investors via the Netwealth platform. The Fund has delivered Australian investors some strong outcomes to date^[1]:

• To 31 August 2021, the Fund has outperformed its benchmark (MSCI All Country World Total Return Index) over its first five and a half months by 3.24 per cent after all fees and expenses. This represents a return of 19.98 per cent, on an after-fee basis.
• Converting the track record of its U.S based equivalent fund to AUD which launched in December 2014, the strategy to 31 August 2021 has outperformed its benchmark since inception by 5.10 per cent per annum after fees. This represents an annualised return of 18.10 per cent, also on an after-fee basis^[2].
• The strategy offers investors some promising points of differentiation from a risk perspective. The upside versus downside capture of the strategy, relative to the MSCI World Net Return Index, has been 110 per cent and 83 per cent respectively since the U.S based equivalent fund in AUD inception^[3].

For those unfamiliar with the Netwealth platform, their super and investment service has allowed investors to take control of their investment portfolios all via an online portal. Netwealth have over 400 investment options available to 970,000 account holders. I have summarised some of the key reasons why we have seen some of Montgomery’s investors partner with Netwealth:

1. Range of investment options: Probably the biggest benefit of Netwealth is they pool together a very broad range of investment options that you can access via their investment menu. In the case of your personal Super, this is without the need of having to setup your own Self-Managed Super Fund (or SMSF). Currently via their Super menu there is over 300 wholesale managed funds (including Montgomery), access to direct Australian and international listed shares and a variety of term deposits. Furthermore, investing via Netwealth allows you to invest less than the direct prescribed investment minimums (which at Montgomery is generally $25,000) and without the need to complete an individual application for each of your investments in the case of wholesale managed funds.

1. Online portfolio management: It can be quite hard to run your own reporting across your investment portfolio if you have more than six underlying investments. Netwealth allow you to generate portfolio level report specific to you across all investment options on their menu. This includes performance, asset allocation and transaction reporting plus tax tools which can be quite handy post 30 June. Their portfolio management tool further allows you to place wholesale managed funds buy and sells and listed trades all via their online portal which is now accessible via a mobile app. Find out about the Netwealth app here.

In addition to the Polen Capital Global Growth strategy, Montgomery also have The Montgomery Fund and Montgomery Small Companies Fund available via the Netwealth investment menus. You can learn more about how to invest in Montgomery via Netwealth or their offering to investors on our website.

^[1] All return data refers to the Polen Capital Global Growth Fund Class A Units. Inception 15 March 2021.

^[2] Source Montgomery/Archer. Performance for prior periods is based on the actual performance of the Polen Capital Global Growth strategy managed by Polen Capital since 31 December 2014, adjusted for fees and converted to AUD and assumes all distributions are reinvested. The Fund invests using the identical strategy to the Polen Capital Global Growth Strategy and is advised by the same investment management team managing to the same investment objectives. Past performance is not a reliable indicator of future performance.

^[3] Source Montgomery/Morningstar. Performance for prior periods is based on the actual performance of the Polen Capital Global Growth strategy managed by Polen Capital since 31 December 2014, adjusted for fees and converted to AUD and assumes all distributions are reinvested. The Fund invests using the identical strategy to the Polen Capital Global Growth Strategy and is advised by the same investment management team managing to the same investment objectives. Past performance is not a reliable indicator of future performance.

This article was prepared by Montgomery Investment Management Pty Ltd, AFSL No: 354564 (Montgomery) the investment manager of Polen Capital Global Growth Fund (ARSN: 647 518 723) (Fund). The Responsible Entity of the Fund is Fundhost Limited (ABN 69 092 517 087) (AFSL No: 233 045) (Fundhost).  This article has been prepared for the purpose of providing general information, without taking into account your particular objectives, financial circumstances or needs. You should obtain and consider a copy of the Product Disclosure Document (PDS) relating to the Fund before making a decision to invest. Available here: https://www.montinvest.com/our-funds/polen-capital-global-growth-fund/  While the information in this document has been prepared with all reasonable care, neither Fundhost nor Montgomery makes any representation or warranty as to the accuracy or completeness of any statement in this document including any forecasts. Neither Fundhost nor Montgomery guarantees the performance of the Fund or the repayment of any investor’s capital.