Australia Value Equity

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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

"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

Heritage

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

Heritage

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

Heritage

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 Team

The Value Equities strategy is co-managed by Reece Birtles and Michael Slack.

The strategy benefits from the close collaboration and deep industry expertise of wider Martin Currie Australia investment team and the broader Martin Currie global investment floor.