About Australia Dynamic Value
The Martin Currie Australia Dynamic Value strategy seeks to provide the opportunity for investors to benefit from the variances in the Value cycle, at the right time and with the right risk profile.
The strategy combines benefits of ‘style-neutral’ equities in our Core Equity strategy and our active Value Equity strategy in a single portfolio, dynamically allocating across styles based on the prevailing value opportunity.
This strategy is transparent and cost-effective, benefiting from the removal of costs or delay required to appoint or terminate managers.
We aim to provide better risk-adjusted return when the value opportunity is high, and consistent returns with lower risk when the opportunity is lower.
We use our collective valuation insights to assess the value spread to determine whether to under or over-weight Value at the appropriate point in the Value/Growth cycle.
Our underlying Core Equity and Value Equity strategies have a disciplined and repeatable investment approach.
The weighting towards either Value or Core allocations depends heavily on our analysts’ forward-looking valuations of securities across the Australian market.
Our proprietary switching signal uses the team’s insights to calculate the magnitude of the valuation spread between our analysts’ proprietary forward-looking valuations of the most undervalued securities in the market and the market average.
| Portfolio characteristics | Australian Dynamic Value |
|---|---|
| Long-term objective | To provide an after-fee return in excess of the S&P/ASX 200 Accumulation index over rolling three to five-year periods. |
| 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 | 25 - 85 |
| Portfolio turnover | Typically 35% p.a. |
| Forecast tracking error | Typically 3.5% p.a. |
| Inception | 1 April 2013 |
The characteristics shown are guidelines only and not hard limits.
Experience in understanding market cycles
By replacing a portion of an existing Core and Value allocation with Dynamic Value, we believe that investors can benefit from our investment team’s collective insights into the nature of the current investment landscape.
Reece Birtles
Chief Investment Officer
Reece Birtles
- Job title
- Chief Investment Officer, Australia – Non Executive Director
- Experience
- 28 years
Matthew Lambert
- Job title
- Portfolio Manager & Quantitative Research
- Experience
- 23 years
The investment process draws on a wide range of proprietary fundamental and quantitative research metrics, and the strategy benefits from the close collaboration of a well-resourced, proven and experienced team.
How to invest
We offer investors access to our strategies through a segregated account or a range of pooled vehicles.
Please contact us to discuss the most appropriate investment to meet your requirements.
How to invest
Martin Currie is a Specialist Investment Manager of Franklin Resources Inc, operating as Franklin Templeton.
Franklin Templeton is responsible for the sales and client service of our funds for financial advisers and individual investors.
If you would like to find out more about these funds, please visit the Franklin Templeton website.
How to invest
Martin Currie is an independently managed investment affiliate of Legg Mason, one of the world’s largest asset management firms.
Legg Mason is responsible for the sales and client service of our funds for financial advisers and individual investors.
If you would like to find out more about these funds, please visit the Legg Mason website.
How to invest
Martin Currie is a ‘Specialist Investment Manager’ within the Franklin Templeton group.
Franklin Templeton is responsible for the sales and client service of our funds for financial advisers and individual investors.
If you would like to find out more about these funds, please visit the Franklin Templeton website.
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