Fiducian Group Ltd · ASX:FID
Fiducian — Investor Presentation (May 2022)
25 slides from Fiducian's investor presentation, May 26, 2022
Slide 1: Wilsons Rapid Insight Investor Presentation
WILSONS RAPID INSIGHT INVESTOR PRESENTATION Robby Southall – Executive Chairman, Fiducian Financial Services Rahul Guha – Executive Chairman, Fiducian Services Sydney, 26 May 2022 1
Slide 2: Agenda
Agenda • Business Overview • Financials • Growth Opportunities • Key Dates and Contacts 2
Slide 3: Platform Administration Business
Platform Administration Business 3
Slide 4: Fiducian Overview – Platform Administration
Fiducian Overview – Platform Administration • $3.0 Billion in Funds under Administration (FUAdmin) as at 30 April 2022 • Market competitive platform offering for Investments, Superannuation and SMA administration with own licences • Investment menu includes 15 Fiducian multi-manager funds, 57 extern
Slide 5: Fiducian Overview – Platform Administration
Fiducian Overview – Platform Administration Net Funds Inflows - Six monthly (in $ mil) • Net In-flows of $83 million during Jan 22 to Apr 22 180 and $246 million during Jul 21 to Apr 22 160 • Both Salaried and Franchised networks contributing 140 to the Inflows 120 100 4 months • Combination of orga
Slide 6: Funds Management Business
Funds Management Business 6
Slide 7: Fiducian Overview – Funds Management
Fiducian Overview – Funds Management • $4.1 Billion in Funds under Management as at 30 April 2022 • Fiducian provides highly effective Manage the Manager System (Multi-Manager) with greater diversification and below average risks to generate consistent above average returns • The investment team sel
Slide 8: Fiducian Overview – Funds Management
Fiducian Overview – Funds Management • Consistently superior results against the world’s best fund managers in the Australian market 1-year return (ranking) 3-years return (ranking) 7-years return (ranking) 10-years return (ranking) Fiducian Funds 5-years return (ranking) p.a. p.a. p.a. p.a. p.a. Ca
Slide 9: Fiducian Overview – Funds Management
Fiducian Overview – Funds Management • PDS Fund Fees are in line with Funds Revenue & PBT and Average FUM industry peer groups. Added 4.5 benefits for clients are access to 14.2 14.0 multiple managers whose fees 4.2 4.0 12.1 are paid by Fiducian through the 12.0 3.6 3.5 10.7 relevant Fiducian Fund 9
Slide 10: Fintech Capabilities
Fintech Capabilities 10
Slide 11: Fiducian Overview – FinTech Capabilities
Fiducian Overview – FinTech Capabilities • Proven and time tested Fintech capabilities underpin Fiducian’s successful business model • Recent programming team expansion and new system development provides opportunities for commercialisation • Market leading Platform Administration System, ‘Fastrack’
Slide 12: Financial Planning Business
Financial Planning Business 12
Slide 13: Fiducian Overview – Financial Planning
Fiducian Overview – Financial Planning • Enabler of steady flows to Fiducian Funds and Platform • 82 planners (including 38 Salaried) across 43 offices across Australia • Selective recruitment of Salaried and Franchised planners aligned to Fiducian culture driven by Quality and Expertise • Planners
Slide 14: Financials
Financials 14
Slide 15: FY 2022 H1 Financial Highlights
FY 2022 H1 Financial Highlights FINANCIALS 15
Slide 16: Segment Reporting
Segment Reporting FINANCIALS 16
Slide 17: FID outperformance against All Ords Accum Index
FID outperformance against All Ords Accum Index FID vs All Ords Growth FID + 1085% (incl Dividends) • Since Jun 12, FID has outperformed All Ords by 1170% FID closing on 23 916% (including dividend) May 2022: $7.59 • Dividend pay-out policy is 970% 60-70% of Net Profit After Tax 770% • H1 2022 divid
Slide 18: Dividends – $1,000 invested on 1 July 2012
Dividends – $1,000 invested on 1 July 2012 • The graph shows that $1,000 invested in FID on 1 July 2012 delivered a fully franked dividend of $152.58 in H1 • Double digit EPS growth (based on UNPAT) in 17 out of 22 years since listing FINANCIALS 18
Slide 19: Projecting the Potential: Conceptual Representation
Projecting the Potential: Conceptual Representation The following is a conceptual 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
Slide 20: Growth Opportunities
Growth Opportunities 20
Slide 21: Fiducian Overview – Acquisitions
Fiducian Overview – Acquisitions Acquisition of Financial Planning Business of People’s Choice Credit Union • 40 staff including 16 planners joined Fiducian group on 1 February 2022 • The acquisition has added $1.1 billion in Funds under Advice from approximately 5,000 clients currently contributing
Slide 22: Market Opportunities for Growth of the Business
Market Opportunities for Growth of the Business Potential growth via Fiducian Platform and 3rd party planners Funds Business Business * Figures as at 30 April 2022 Currently currently $3.0 bil* $4.1 bil* • Capture market share from disintegration of • Distribution of MTM process to Universities, lar
Slide 23: Key Dates and Contacts
Key Dates and Contacts Key Dates • Full year results announcement date: Monday 15 August 2022 • Annual general meeting date: Thursday 20 October 2022 Contacts Investor Relations: Media Relations: Rahul Guha, Julie Hargrave, Executive Chairman, Fiducian Services Head of Marketing and Communications +
Slide 24: 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 Group Limited and the
Slide 25: Disclaimer
Disclaimer Source: Morningstar Direct. © 2022 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any gene