Future Generation Australia Limited · ASX:FGX
Future Generation Australia — Investor Presentation (April 2017)
29 slides from Future Generation Australia's investor presentation, Apr 4, 2017
Slide 1: Future Generation Investor conference call
For personal use only Future Generation Investor conference call 4 April 2017
Slide 2: Disclaimer
For personal use only Disclaimer This presentation has been prepared for use in conjunction with a verbal presentation and should be read in that context. The information in this presentation is only intended for Australian residents. The purpose of this presentation is to provide information only a
Slide 3: Our purpose
Our purpose For personal use only Australia’s Prominent 1% of net first listed domestic (FGX) assets p.a. philanthropic & global (FGG) donated to wealth creation fund managers youth at vehicles who act pro risk & youth bono mental health 3
Slide 4: Investment objectives
Investment objectives For personal use only 1 2 3 Stream of Achieve Preserve fully franked capital growth shareholder dividends capital A L L O C AT I O N Long Quantitative Absolute Market equities strategies bias neutral 4
Slide 5: Future Generation Investment Company
FUTURE GENERATION INVESTMENT COMPANY Poe crsonal Use ay
Slide 6: FGX fund managers
For personal use only FGX fund managers 6
Slide 7: FGX charities
For personal use only FGX charities 7
Slide 8: FGX service providers
FGX service providers For personal use only 8
Slide 9: FGX performance
For personal use only FGX performance
Slide 10: FGX highlights – months to Dec 2016
FGX highlights – 6 months to 31 Dec 2016 For personal use only $3.82m expected donation to Australian children and youth 2.1 cents at risk charities per share increased fully franked $2.77m in savings dividend delivered from pro bono management, performance and services $2.74m pre-tax profit 10
Slide 11: FGX performance
FGX performance For personal use only Performance at 1 2 Since inception YEAR YEAR September 2014 28 February 2017 (% pa) % % FGX 11.4% 8.0% 8.6% S&P/ASX All Ordinaries 21.3% 3.2% 5.6% Accumulation Index Performance -9.9% +4.8% +3.0% Standard deviation (All Ords) 9.9% 12.3% 12.8% Standard deviation
Slide 12: FGX dividends
FGX dividends For personal use only Total FY2016 fully franked dividend: 4.0 cents Annualised 2017 fully franked dividend: 4.2 cents Fully franked final dividend: 2.1 cents Key dividend dates – fully franked final dividend of 2.1 cents Ex dividend date: 6 April 2017 Payment date: 21 April 2017 12
Slide 13: FGX Net Tangible Assets
FGX Net Tangible Assets as at 28 February 2017 For personal use only NTA after tax & before tax on NTA before tax unrealised gains NTA after tax 114.59c 114.83c* 114.27c* *These figures are after the tax payment of $96k (0.02 cents per 13 share) in tax during the month.
Slide 14: FGX investment strategy allocation
FGX investment strategy allocation as at 28 February 2017 For personal use only Provision for dividend payable 21 April 2017 1.8% Cash 11.2% Long equities Long equities 36.7% Market Neutral Absolute bias Absolute bias Cash 36.3% Provision for dividend payable 21 April 2017 Market neutral 14.0% 14
Slide 15: FGX allocation
FGX allocation as at 28 February 2017 For personal use only Fund manager Investment Strategy % of assets Large/Mid Cap Funds (split out below) 10.7% Paradice Investment Paradice Australian Equities Mid Cap Fund Long equities 5.9% Paradice Large Cap Fund Long equities 4.8% Bennelong Australian Equiti
Slide 16: FGX impact on children and youth at risk
FGX impact on children and youth at risk* For personal use only Two specialised nurses Counsellor employed to provide early employed to meet family needs intervention mental health services in non-government funded areas Seven specialist music teachers Therapeutic family program employed for over 1,
Slide 17: FGX impact on children and youth at risk
FGX impact on children and youth at risk* For personal use only Verbal communication program for Early literacy programs 93 children and young people with delivered to 300 children aged 0-5 autism years Emotional wellbeing social National scholarship programs platform created to provide safe for 34
Slide 18: Future Generation Global Investment Company
& FUTURE GENERATION GLOBAL INVESTMENT COMPANY
Slide 19: FGG fund managers
For personal use only FGG fund managers 19
Slide 20: FGG charities
For personal use only FGG charities 20
Slide 21: FGG service providers
FGG service providers For personal use only 21
Slide 22: FGG performance
For personal use only FGG performance
Slide 23: FGG highlights – months to Dec 2016
FGG highlights – 6 months to 31 Dec 2016 For personal use only 7.8% increase in investment portfolio performance $0.88m savings delivered $3m from pro bono management, on track to donate performance and to children & youth services mental health charities 23
Slide 24: FGG performance
FGG performance For personal use only 6 1 Since inception Performance at MONTH YEAR September 2015 28 February 2017 % % % FGG 2.4% 8.7% 2.3% MSCI World Index (AUD) 5.3% 13.7% 4.9% Performance -2.9% -5.0% -2.6% Standard deviation (MSCI) 8.3% 9.1% 10.4% Standard deviation (FGG) 7.6% 9.2% 9.0% 24
Slide 25: FGG Investment Committee
FGG Investment Committee For personal use only Restructure Remove Adjust portfolio Asian tilt managers ---------------- ---------------- ---------------- 25
Slide 26: FGG Net Tangible Assets
FGG Net Tangible Assets as at 28 February 2017 For personal use only NTA after tax & before tax on unrealised gains NTA before tax NTA after tax 108.74c* 108.91c* 108.90c* *The above figures are not diluted for 272,469,114 options on issue with an exercise price 26 of $1.10.
Slide 27: FGG Investment strategy allocation
FGG Investment strategy allocation as at 28 February 2017 For personal use only Cash 6.7% Long equities Absolute bias Long equities Quantitative strategies 32.4% 54.8% Absolute bias Cash Quantitative strategies 6.1% 27
Slide 28: FGG allocation
FGG allocation as at 28 February 2017 For personal use only Fund manager Investment Strategy % of assets Magellan Asset Management Magellan Global Fund Long equities 10.2% Ironbridge Capital Management Ironbridge Global Focus Fund Long equities 9.6% Cooper Investors Cooper Investors Global Equities
Slide 29: Contact us
For personal use only Contact us E: info@futuregeninvest.com.au T: (02) 9247 9202 F: (02) 9247 6855 www.futuregeninvest.com.au Twitter: @FutureGenInvest LinkedIn: Future Generation Investment Companies
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