Content navigation
Overview
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 our fundamental ‘factor neutral’ Active Insights strategy and our Value Equity strategy in a single portfolio, dynamically allocating across styles based on the prevailing value opportunity.
By replacing a portion of an existing core and value allocation with Dynamic Value, we believe that investors can benefit from our collective insights into the nature of the current investment landscape. We aim to provide better risk-adjusted return when the opportunity is high, and consistent returns with lower risk when the opportunity is lower.
The strategy has been specifically designed to shift its level of exposure to the value style in a more transparent and cost-effective manner. This means that the cost or delay required to appoint or terminate managers may be avoided.
Key Information
To provide an after-fee return in excess of the S&P/ASX 200 Accumulation index over rolling three to five-year periods.
Portfolio characteristics | Australia Dynamic Value |
---|---|
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 +/- 7% |
Number of stocks | Typically 30-60 |
Portfolio turnover | Typically 35% p.a. |
Forecast tracking error | Typically 3.5% p.a. |
Inception | 1 April 2013 |
-
"Our differentiated approach seeks to provide better risk-adjusted return when the value opportunity is high, and consistent returns with lower risk when the opportunity is lower."
Why Invest in Australia Dynamic Value
Timing of style cycles is difficult to predict
The strategy balances the risk of being under or overweight value for the appropriate market conditions or value opportunity
Time and cost to appoint or terminate managers
This strategy is transparent and cost-effective, benefiting from the removal of costs or delay required to appoint or terminate managers by style
Full benefit of MCA's proprietary fundamental and qualitative insights
The switching signals is based on more than 20 years of in-house experience in forward looking Valuation models
Investment Strategy
The strategy aims to maximise returns for longer term investors through:
- Capturing forward-looking proprietary insights – Martin Currie Australia's unique set of fundamental and quantitative signals
- Dynamic switching signal - Single portfolio dynamically allocates across styles based on the prevailing value opportunity
- 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’

Investment Strategy
The strategy aims to maximise returns for longer term investors through:
- Capturing forward-looking proprietary insights – Martin Currie Australia's unique set of fundamental and quantitative signals
- Dynamic switching signal - Single portfolio dynamically allocates across styles based on the prevailing value opportunity
- 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

Matthew Davison
- Job title
- Portfolio Manager
- Experience
- 24 years
OUR CAPABILITIES
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
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
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
Mark Elliott
Head of UK Business Development
M: +44 (0) 207 0738 569
E: melliott@martincurrie.com
Tim Baker, CFA®
Associate Client Portfolio Manager
M: +44 (0) 7795238754
E: tbaker@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.
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
Related Insights
-
Martin Currie Australia strengthens team
Martin Currie Australia has bolstered its distribution team with the appointment of a new Client Portfolio Manager.
- Date published
- 29 Nov 2022
- Tag
- Cross-Strategy Australia
-
Martin Currie wins ‘Lonsec Sustainable Fund of the Year Award’
Leading investment research house Lonsec has named the Martin Currie Ethical Income Fund as the 2022 Sustainable Fund of the Year
- Date published
- 8 Nov 2022
- Tag
- Cross-Strategy Australia
-
Martin Currie crowned Australia’s Best Specialist ESG Fund for 2022
Martin Currie Australia is proud to be announced winner of Australia’s “Best Specialist ESG Fund” at the Hedge Funds Rock + Australian Alternative Investment Awards for the Sustainable Equity Fund distributed through Franklin Templeton Australia.
- Date published
- 5 Oct 2022
- Tag
- Cross-Strategy Australia
Important information
This information is issued and approved by Martin Currie Investment Management Limited (‘MCIM’), authorised and regulated by the Financial Conduct Authority. It does not constitute investment advice. Market and currency movements may cause the capital value of shares, and the income from them, to fall as well as rise and you may get back less than you invested.
The information contained in this document has been compiled with considerable care to ensure its accuracy. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Martin Currie has procured any research or analysis contained in this document for its own use. It is provided to you only incidentally and any opinions expressed are subject to change without notice.
The document does not form the basis of, nor should it be relied upon in connection with, any subsequent contract or agreement. It does not constitute, and may not be used for the purpose of, an offer or invitation to subscribe for or otherwise acquire shares in any of the products mentioned.
Past performance is not a guide to future returns.
The distribution of specific products is restricted in certain jurisdictions, investors should be aware of these restrictions before requesting further specific information.
The views expressed are opinions of the portfolio managers as of the date of this document and are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. These opinions are not intended to be a forecast of future events, research, a guarantee of future results or investment advice.
Risk warnings – Investors should also be aware of the following risk factors which may be applicable to the strategy shown in this document.
- Investing in foreign markets introduces a risk where adverse movements in currency exchange rates could result in a decrease in the value of your investment.
- This strategy may hold a limited number of investments. If one of these investments falls in value this can have a greater impact on the strategy’s value than if it held a larger number of investments.
- Smaller companies may be riskier and their shares may be less liquid than larger companies, meaning that their share price may be more volatile.
- The strategy may invest in derivatives (index futures) to obtain, increase or reduce exposure to underlying assets. The use of derivatives may restrict potential gains and may result in greater fluctuations of returns for the portfolio. Certain types of derivatives may become difficult to purchase or sell in such market conditions.