The Montgomery Fund aims to provide long-term capital growth investing in 25 to 35 securities listed on the Australian Securities Exchange (ASX). The Fund seeks to outperform the S&P/ASX 300 Accumulation Index over the medium to long term.
The Fund seeks to outperform by building a concentrated portfolio of high-quality companies with a margin of safety and a potential catalysts to close the price-to-value gap. The fundamental, bottom-up research process for identifying these companies has been consistently applied by the manager since its founding in 2004.
Harnessing the security of Australia’s top 100 companies, The Fund may also invest up to 25 per cent outside the top 100. The Fund uses an index ‘agnostic’ approach to building its portfolio, aimed at ensuring the best investment ideas have the greatest exposure.
Why invest
| Number of holdings | 25-35 |
| Style | Growth & Value |
| Benchmark | S&P/ASX 300 Accumulation Index |
| Fund fact sheet | Download |
Montgomery Investment Management as investment manager appointed Australian Eagle Asset Management as sub-investment manager to work out of our Sydney offices, to manage The Montgomery Fund’s assets. Opened in Sydney in 2004 Australian Eagle is owned and operated by its team.
Australian Eagle Asset Management applies a highly disciplined and fact-based investment process to identifies high quality listed companies with the potential to deliver superior long-term outcomes.
The Montgomery Fund has been rated Recommended
The Montgomery Fund has been rated Recommended
*this is a forward pricing fund, the price you receive is based on close of market prices.
| 1 month | 3 months | 6 months | 12 months | 3 years (p.a.) | 5 years (p.a.) | 7 years (p.a.) | 10 years (p.a.) | Since Inception | Compounded annual return | |
|---|---|---|---|---|---|---|---|---|---|---|
| The Montgomery Fund |
2.24% |
9.95% |
6.73% |
10.76% |
6.88% |
6.83% |
6.67% |
7.01% |
176.54% |
9.22% |
| S&P 300 Accum. Index | 0.98% | 9.46% |
7.44% |
10.53% |
9.09% |
8.61% |
8.60% |
7.94% |
184.26% |
9.48% |
| Out/Under Performance |
1.26% |
0.49% |
-0.71% |
-0.23% |
-2.21% |
-1.78% |
-1.93% |
-0.93% |
-7.72% |
-0.26% |
Fund performance prior to 12 September 2022 is not attributable to the current sub-investment manager, but the previous investment manager. Presented below is the longer-term record of the current sub-investment manager’s strategy since its inception.
| 1 month | 3 months | 6 months | 12 months | 3 years (p.a.) | 5 years (p.a.) | 7 years (p.a.) | 10 years (p.a.) | Since Inception | Compounded annual return | |
|---|---|---|---|---|---|---|---|---|---|---|
| Australian Eagle Composite* |
1.97% |
12.03% |
4.74% |
5.91% |
10.05% |
12.61% |
12.46% |
11.91% |
518.76% |
10.08% |
| S&P 300 Accum. Index | 1.10% | 13.89% | 5.58% | 6.66% | 9.27% | 9.67% | 8.78% | 8.36% | 304.89% | 7.65% |
| Out/Under Performance | 0.87% | -1.86% | -0.84% | -0.75% | 0.78% | 2.94% | 3.68% | 3.55% | 213.87% | 2.43% |
*The inception date of the Australian Eagle Composite is 07 February 2005. The performance represents the Australian Eagle SMA performance adjusted to include The Montgomery Fund’s fees. Portfolio Performance is calculated after fees and costs, including the Investment management fee and Performance fee, but excludes the buy/sell spread. All returns are on a pre-tax basis. The returns in the composite include the Australian Eagle returns from 7 February 2005 to 30 September 2022, and from this point onwards include the returns in The Montgomery Fund (the first full month Australian Eagle commenced as the investment manager for this product).
The Montgomery Fund inception date is 17/08/2012. Performance is net of fees and assumes distributions are reinvested, which is industry standard. Past performance is not an indicator of future performance.
| Distribution per unit | Reinvestment price | |
| December 2023 | 2.1568 cents | $1.4295 |
| June 2023 | 4.4834 cents | $1.38111 |
| December 2022 | 1.5263 cents | $1.3657 |
| June 2022 | 15.4240 cents | $1.2882 |
| June 2021 | 5.493 cents | $1.6388 |
| June 2020 | 1.6831 cents | $1.2989 |
| June 2019 | 8.5643 cents | $1.3813 |
| June 2018 | 12.8559 cents | $1.4082 |
| June 2017 | 2.1137 cents | $1.4067 |
| June 2016 | 7.7190 cents | $1.4047 |
| June 2015 | 13.0725 cents | $1.3326 |
| June 2014 | 4.0489 cents | $1.2874 |
| June 2013 | 7.2834 cents | $1.1904 |
You should read the Product Disclosure Statement (PDS) before deciding to acquire the product.
The issuer of units in The Montgomery Fund (ARSN 159 364 155) (Fund) is the Fund’s responsible entity Fundhost Limited (ABN 69 092 517 087) (AFSL 233045). The Product Disclosure Statement (PDS) contains all of the details of the offer. Copies of the PDS and Target Market Definition (TMD) are available to download from this page and at https://fundhost.com.au/
An investment in the Fund must be through a valid paper or online application form accompanying the PDS. Before making any decision to make or hold any investment in the Fund you should consider the PDS and TMD in full.
The information provided does not take into account your investment objectives, financial situation or particular needs. You should consider your own investment objectives, financial situation and particular needs before acting upon any information provided and consider seeking advice from a financial advisor if necessary.
You should not base an investment decision simply on past performance. Past performance is not an indicator of future performance. Returns are not guaranteed and so the value of an investment may rise or fall.
Founded in 2004, Australian Eagle’s team has been one of Australia’s best performing investment managers. Australian Eagle believes a portfolio of companies with sound growth characteristics, transformative possibilities, and a margin of safety, can deliver great outperformance over the long-term.
Australian Eagle’s team is led by Chief Investment Officer Sean Sequeira and Senior Portfolio Manager Alan Kwan. Sean is a founding member of Australian Eagle and was appointed Chief Investment Officer in 2016. Sean has more than 31 years industry experience and has worked at the company for 17 years. Alan has been with Australian Eagle for 11 years.
After accessing the Product Disclosure Statement and reading in full the investment objectives and risks of investing in The Montgomery Fund:
Complete the online application form at Olivia 123 and ID verification online (approx. 10 minutes)
Submit the completed application form to the Administrator online
Transfer the funds and an investment confirmation will be issued by the Administrator
For assistance completing the application form, you can speak directly with the Administrator, Fundhost Limited on 02 8223 5400.
If you wish to make an additional investment (top-up) an existing investment in The Montgomery Fund, please see the instructions here.
Download the fund information pack or if you would prefer to talk it over, call David Buckland or Toby Roberts on 02 8046 5000 to discuss The Montgomery Fund in more detail.
Our partnership with industry-leading superannuation provider, netwealth, can help.
The Fund has a long-term objective and is suitable for those investors willing to assume high risk while seeking capital growth. Statistically, the major share markets produce a negative investment return, on average, every five years (or less) and investors must take the potential for capital loss into consideration. You can learn more in the Target Market Determination (TMD) here.
All individuals, families, companies, trustees, charities, custodians and advisers of self-managed super funds, with a minimum of $25,000 to invest are eligible to apply for The Montgomery Fund.
If you do not have an SMSF and want to invest your personal superannuation into the Montgomery funds, you can find out about our partnership with industry-leading superannuation provider, netwealth in more detail on this page: Investing your personal super
A minimum initial investment of $25,000 is required.
You may also arrange to add to your initial investment through a lump sum additional investment, for which there is a minimum of $1,000, or direct debit monthly savings plan, requiring a minimum investment of $500 per month. This is processed on the 15th of each month or the next business day.
Any income distributions are paid semi-annually (as at 30 June and 31 December each year) and can be reinvested in full or paid out entirely to the financial institution account nominated on your application form. We distribute all taxable income to investors each year, including any taxable capital gains. Distributions may also carry imputation or other tax credits. There may be periods when net income could be negative and no distribution is made.
Our administrator, Fundhost, has a portal that investors can access to see their balance and download all statements. Once invested, you will be given registration details.
Access the Fundhost client log in here:
Login
You can make a form-free additional investment via either BPAY or EFT. Find the full instructions here.
To redeem your holding, simply fill out the Redemption Request form and have it signed by the authorised signatories on the account. Please see the manage my investments section.
If Fundhost are paying to a bank account they have on file, they can accept a faxed or scanned copy of the redemption instruction.
In normal circumstances, redemptions are processed daily, with funds generally received back to the investor within 2 business days. The cut off to receive your redemption request to receive that days price is 4pm Sydney time. Refer to the PDS for more information.
No commissions are paid by us to any financial advisers.
We have a feature article in our Knowledge Centre on this topic, please visit our Insights area: Learn About Investing
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