asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: HOW2217AU
release_schedule: NO COMMENTARY
structure: Managed Fund
fund_features:
Merlon Concentrated Australian Share A aims to outperform the benchmark over rolling three year periods measured as a total return inclusive of franking credits. Merlon believes that stocks trading below fair value will outperform through time. Merlon measures value by sustainable free cash flow yield.
- Merlon’s investment approach is to build a portfolio invested in companies with valuation upside on a broadly equal weight basis.
- Merlon aims for the Fund to be fully invested in a concentrated number of large and mid-cap companies listed on the ASX.
- Merlon views franking credits similarily to cash and takes a medium to long term view for investments in the Fund.