asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: GC1
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
Glennon Small Companies Limited (GC1) is a listed investment company that invests in Australian small and micro-cap companies. It listed on the ASX following an equity raising in August 2015. Glennon Capital Pty Ltd, an independent, boutique asset management company has been appointed as the Manager of the portfolio. Glennon Capital was established in 2008 and is owned and operated by Michael Glennon. The Company aims to provide investors capital growth in excess of the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term.
- The Manager has a long established fundamental bottom-up investment process.
- The Manager only invests in quality companies, applying quality filters to ensure they are not investing in low quality companies.
- The five key considerations are: management; growth prospects; sustainability of the company; barriers to entry; and valuation and financial health of the business.
- The portfolio typically consist of around 20 to 60 small and micro-cap securities (ex-S&P/ ASX 100 stocks).