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Overview
The Martin Currie Australia Value Equity strategy is designed for investors who seek to maximise the longer-term returns of the Value style.
To do this, the strategy provides investors with a diversified and contrarian exposure to our highest conviction Australian equity ideas with attractive valuation potential. Stocks are selected based on our proprietary Valuation research lens, with risk balanced through the addition of our Quality and Direction lenses.
Our extensive fundamental and quantitative experience has allowed us to design a multi-lensed investment process that specifically reflects the Australian market’s deeply ingrained structural inefficiencies.
MCA has been investing in Australian equities for more than 40 years, and we have over 15 years of experience in managing Value style strategies through very varied market cycles, including the COVID-19 impacted 2020.
Key Information
To provide an after-fee return in excess of the S&P/ASX 200 Accumulation Index over rolling five-year periods.
Portfolio characteristics | Australia Value Equity |
---|---|
Objective | Long-Term Growth |
Asset Class | Equities |
Style | Value |
Investable Universe | Australian listed securities |
Benchmark | S&P/ASX 200 Accumulation Index |
Market capitalisation | All cap |
Country limit | N/A |
Sector limit | Benchmark +/- 12% |
Security limit | Benchmark +/- 6% |
Number of stocks | Typically 33 |
Portfolio turnover | Typically 25% p.a. |
Forecast tracking error | We do not target tracking error but is typically 5% p.a. (ex ante) |
Inception | 26 October 2006 |
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"Within Australia’s unique market structure, a multi-lens approach can offer a better perspective of fair value than any one method can on its own."
Why Invest in Australia Value Equity
Long term capital growth
We have put the needs of accumulation clients at the heart of the product design for the Martin Currie Australia Value Equity strategy
Navigating the market’s structural inefficiencies
Our extensive experience in managing Australian equities for more than 40 years has allowed us to reflect the Australian market’s structural inefficiencies into our proprietary multi-lensed investment process
Active management to avoid herd mentality and value traps
A deep understanding of the Value style, market behaviour, and both expected returns & risk drives our contrarian positions
Investment Strategy
The strategy aims to maximise returns for longer term investors through:
- High conviction portfolio – An active portfolio of our 'best ideas' ASX-listed securities
- True value approach – Contrarian exposures to stocks with true Valuation potential, while balancing risks through our focus on Quality & Direction
- Proven investment process – Proprietary multi-lensed investment approach provides a broad perspective of expected return and risk
- Fundamental active ownership - Purposeful engagement with companies and client advocacy through proxy voting
- Experienced stock pickers with long term track record - Deep industry experience generating 'active insights'
Read more about how the Martin Currie Australia Value Equity strategy seeks to exploit the market’s behavioural biases and temporary mispricing and divergence from fair value in the Strategy Guide.

Investment Strategy
The strategy aims to maximise returns for longer term investors through:
- High conviction portfolio – An active portfolio of our 'best ideas' ASX-listed securities
- True value approach – Contrarian exposures to stocks with true Valuation potential, while balancing risks through our focus on Quality & Direction
- Proven investment process – Proprietary multi-lensed investment approach provides the broadest perspective of expected return and risk
- Fundamental active ownership - Purposeful engagement with companies and client advocacy through proxy voting
- Experienced stock pickers with long term track record - Deep industry experience generating 'active insights'


Reece Birtles
- Job title
- Chief Investment Officer, Australia
- Experience
- 31 years

Michael Slack
- Job title
- Head of Australian Equity Research
- Experience
- 33 years

Martin Currie Select Opportunities Fund
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Ross Kent
Investment Client Portfolio Manager
T: +61 (0)3 9017 8629
M: +61 (0)455 253 384
E: rkent@martincurrie.com.au
Felicity Walsh
Managing Director, Australia and New Zealand
M: +61 (0) 429 209 566
E: Felicity.Walsh@franklintempleton.com
Our Capabilities
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Ross Kent
Investment Client Portfolio Manager
T: +61 (0)3 9017 8629
M: +61 (0)455 253 384
E: rkent@martincurrie.com.au
Felicity Walsh
Managing Director, Australia and New Zealand
M: +61 (0) 429 209 566
E: Felicity.Walsh@franklintempleton.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Danni Yang, CFA®
Investment Client Portfolio Manger, Global Long-Term Unconstrained
M: +44 (0) 7826548065
E: dyang@martincurrie.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Tim Baker, CFA®
Associate Client Portfolio Manager
M: +44 (0) 7795238754
E: tbaker@martincurrie.com
Our Capabilities
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mark Cho, CFA®
Head of Americas Distribution
Intermediary Sales/Wealth Management
T: +1 212 632 3292
E: mcho@martincurrie.com
Breanna Ellsworth, CFA®
Client Portfolio Manager, Distribution - US
T: +1 212 632 3293
E: bellsworth@martincurrie.com
Drew Comatos
Client Portfolio Manager, North America
Intermediary Sales/Wealth Management
T: +1 203 703 6472
E: dcomatos@martincurrie.com
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