Salter Brothers Emerging Companies Ltd. · ASX:SB2
Salter Brothers Emerging Companies — Investor Presentation (November 2023)
16 slides from Salter Brothers Emerging Companies's investor presentation, Nov 17, 2023
Slide 1: Salter Brothers Emerging Companies Limited
For personal use only SALTER BROTHERS EMERGING COMPANIES LIMITED N ON J U VE E M2B0E2R3 2 0 2 3
Slide 2: Disclaimer
DISCLAIMER The information contained in this document is general in nature and not intended including loss of income and principal invested. The company does not guarantee to constitute financial product, investment, accounting, financial, legal or tax advice. any particular rate of return or perfor
Slide 3: Contents
CONTENTS 1. About Salter Brothers 2. The Salter Brothers Team For personal use only 3. About The Manager: Salter Brothers Funds Management 4. The Investment Team 5. The Manager’s Investment Process 6. The Salter Brothers Emerging Companies Limited (SB2) Portfolio 7. Key Features of the Portfolio 8.
Slide 4: About Salter Brothers
ABOUT SALTER BROTHERS Salter Brothers’ Milestones › Salter Brothers is a Global Fund Manager with KEY a focus on alternative investment offerings Acquisitions Acquisition of Key Milestones AUM $M Acquisition for high net worth and institutional investors & Investments Retreat Fund Portfolio For pers
Slide 5: The Salter Brothers Team
THE SALTER BROTHERS TEAM Board of Salter Brothers Board of Salter Brothers Asset Management Emerging Companies Ltd. Equities Investment Team Senior Management John Humphreys John Vatovec Gregg Taylor | Head of Equities Paul Joyce Chairman Chairman Investment Director – Listed / Chief Operating Offic
Slide 6: About the Manager: Salter Brothers Funds Management
ABOUT THE MANAGER: SALTER BROTHERS FUNDS MANAGEMENT › Salter Brothers Funds Management is an experienced Public/Private, Small/Emerging Companies Equity Manager with a proven track record of being a lead active investor in quality growth companies with global opportunity sets, For personal use only
Slide 7: The Investment Team
THE INVESTMENT TEAM Gregg Taylor Advait Joshi Francis Crossle Investment Director Senior Investment Analyst Analyst For personal use only & Head of Equities Years within: Years within: Years within: • Salter Brothers: 1 • Salter Brothers: 1 • Salter Brothers: 1 • Industry: 6 • Industry: 1 • Industry
Slide 8: The Manager's Investment Process
THE MANAGER’S INVESTMENT PROCESS A robust investment process designed to enable Salter Brothers Funds Management to stay on top of performance Opportunity The Manager utilises its network of financial advisors and brokers, industry experts and 1 For personal use only Sourcing operational partners to
Slide 9: The SB2 Portfolio
THE SB2 PORTFOLIO Portfolio Composition (as at 31/10/2023) Portfolio Sector Weights › The SB2 Portfolio has 23 Listed holdings (87.1% of the total value), five Unlisted holdings (12.5% of the total value) and 34.0% Industrials 0.4% cash. 22.9% Information Technology For personal use only › The weigh
Slide 10: Key Features of the Portfolio
KEY FEATURES OF THE PORTFOLIO Over the last 12 months, our investment process has led to the creation of a profitable portfolio with strong revenue growth with undemanding trading multiples For personal use only › Taking a two year view, the weighted average valuation Metrics of the Portfolio* FY23A
Slide 11: Why Invest in Small Caps?
WHY INVEST IN SMALL CAPS? With interest rates nearing the peak in the cycle and › This performance difference is even more apparent when comparing the relative performance of ASX-listed Small and Large Industrials since the start of 2022, with improving fundamentals, we expect investor sentiment Sma
Slide 12: Index Performance
INDEX PERFORMANCE The All Ords has returned -1.2% over the 12 months to 30 September 2023. Performance Summary All Ords All Ords Acc Small Industrials Acc Small Ords Acc For personal use only 1 Month (3.7%) (3.7%) (6.6%) (5.3%) 3 Month (8.6%) (7.3%) (13.0%) (10.5%) 12 Month (1.2%) +2.9% (6.1%) (5.1%
Slide 13: ASX All Ords – Simulated Performance by Market Cap
ASX ALL ORDS – SIMULATED PERFORMANCE BY MARKET CAP We simulated the ASX All Ords by replicating Performance of ASX All Ords by Market Cap Ranges over last 12 months its current (live) constituents and arrived at an index return of -0.1% over the last 12 months For personal use only "<=$500m ">$500m
Slide 14: Simulated Performance of Sub-500m Market Cap Constituents by Sector
SIMULATED PERFORMANCE OF SUB-500M MARKET CAP CONSTITUENTS BY SECTOR The underperformance of sub-$500m market capitalisation constituents Perf. Of Sub-$500m Constituents becomes more apparent when viewing their contribution by sector. By Sector For personal use only 12 Months Performance of sub-$500m
Slide 15: Sector Preferences
SECTOR PREFERENCES SB2 takes advantage of its broad mandate to seek outperformance through the cycle Target Industry Sectors: Target Sector Examples: › Focus on both software technology companies as well as on industrial › Technology For personal use only companies (though with no exposure to resour
Slide 16: Contact Us
CONTACT US For personal use only Advait Joshi Senior Investment Analyst E | advait.joshi@salterbrothers.com.au www.salterbrothers.com.au S A LT E R B R O T H E R S | E M E R G I N G C O M PA N I E S L I M I T E D | N O V E M B E R 2 0 2 3 16
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