Fiducian Group Ltd · ASX:FID
Fiducian — ASX Small and Mid Cap Conference 2019
16 slides from Fiducian's conference presentation, Sep 5, 2019
Slide 1: ASX Small and Mid Cap Conference Investor Presentation
ASX SMALL AND MID CAP CONFERENCE INVESTOR PRESENTATION Indy Singh – Executive Chairman, Fiducian Group Fiducian Group (ASX:FID) 5 September 2019 1
Slide 2: Fiducian Group Investor Presentation
Fiducian Group Investor Presentation • Business Overview • FY 2019 Highlights • Financials • Growth Strategy 2
Slide 3: Business Overview – 31 July 2019
Business Overview – 31 July 2019 Management • Process driven, client focused investment products Funds • 15 Managed Funds: 4 Diversified Funds, 4 Sector Funds, 7 Specialist Funds • $2.66 Billion in Funds under Management (FUM) (30 June 2019: $2.60 Billion) • Market competitive Wrap & Managed Discret
Slide 4: Funds Management
Funds Management • 15 Funds using Fiducian’s Manage-the-Manager (MTM) system of investment • Select expert Managers – with proven performance, differing investment processes / styles • Combine experts with different weightings – up to 45 Fund Managers • Dynamic asset allocation and continuous manage
Slide 5: WRAP Platforms (FSS/FIS) – FinTech (FORCe & FASTrack)
WRAP Platforms (FSSWRAP Platforms (FSS/FIS) – FinTech (FORCe & FASTrack) • Competitive Fees, Flexible Structure • Public offer “Superannuation Fund” • Investor Directed Portfolio Service (IDPS) • 15 – Multi-manager Funds using the Fiducian Manage-the-Manager system • 51 – Single Manager Fund Choices
Slide 6: Financial Planning – Focus on Quality and Expertise
Financial Planning – Focus on Quality and Expertise • We are selective in recruiting Financial Planners • National footprint with 41 offices, 73 (30 June 2019: 67) representatives • 32 Franchised offices • 9 Salaried offices - Sydney, Maroochydore, Hobart, Surrey Hills, Geelong, Colac, South Perth,
Slide 7: Business Overview – 3 Revenue Streams
Business Overview – 3 Revenue Streams Revenue Growth is a function of volume of FUMAA Example: Financial Platform Funds Under Planning FUMAA 3 Admin Management Advice Growth Revenue increase Increases $100 increases $300 mil Streams $100 mil mil $100 mil Plus, additional revenue growth if financial
Slide 8: Integrated Business Model
Integrated Business Model Our clients experience the Fiducian difference: Financial Planning Administration / Platforms Funds Management Funds: $2.70 billion Funds: $2.03 billion Funds: $2.56 billion Revenue: $17.4 million Revenue: $14.4 million Revenue: $17.6 million Full Year Gross Revenue $49.4 m
Slide 9: FY 2019 Highlights
FY 2019 Highlights *(FUMAA) – Funds Under Management, Advice and Administration | (FUA) – Funds Under Advice HIGHLIGHTS 9
Slide 10: Five Year Summary: Financials
Five Year Summary: Financials 304% Share Price % Increase over the Five Year Period Sustainable growth history consistently over long term FINANCIALS 10
Slide 11: FID outperformance against All Ords Accum Index
FID outperformance against All Ords Accum Index FID vs All Ords Growth FID + 637% • Since Jun 12, FID has (incl Dividends) outperformed All Ords by 670% 517% (including dividend) • Dividend pay-out policy is 570% 60-70% of Net Profit After Tax 470% • Double digit EPS growth in 15 out of 19 years Gro
Slide 12: Dividends Growth
Dividends Growth $1,000 invested in July 2013: $229.90 Dividend received in 2019 23% current year yield 20% Annualised Dividend growth FINANCIALS 12
Slide 13: Funds Under Management, Administration and Advice (FUMAA) Growth
Funds Under Management, Administration and Advice (FUMAA) Growth Consistent FUMMA growth contributed by strong organic and inorganic inflows and market improvements. $219 mil acquisition announced by Fiducian for Franchisees and salaried offices in FY19 + $355 million in FY20 (July 2019) Incre
Slide 14: Projecting the Potential: Conceptual Representation
Projecting the Potential: Conceptual Representation The following is a concept extrapolation* of how increasing scale lifts EBITDA at an accelerating rate above a relatively fixed cost base: Funds under Management, Administration and Advice (FUMAA) & EBITDA * This is not a projection or a forward-lo
Slide 15: Growth Strategy
Growth Strategy Funds Leverage of successful Manage-The-Manager Management model and expand in new markets where profitable Distribute SMA capabilities, offer Badged solutions Administration to IFA market and build SMSF Administration Continue to attract high quality planners and expand Financial th
Slide 16: Disclaimer
Disclaimer Information in this document and given in the presentation is of a general nature. It is not intended to be, nor does it, constitute financial, legal or tax advice. The information is given in good faith and, although care has been exercised in compiling it, Fiducian Services Pty Limited
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