Fiducian Group Ltd · ASX:FID
Fiducian — Shareholder Meeting (2025)
29 slides from Fiducian's shareholder meeting presentation, 2025
Slide 1: Fiducian Superannuation Fund 2025 Annual Members' Meeting
Fiducian Superannuation Fund 2025 Annual Members’ Meeting 1
Slide 2: Agenda
Agenda 1. Trustee Director Introductions 2. Chairman’s Update 3. General Manager Superannuation Update 4. Review of Economic Outlook 5. Questions 2
Slide 3: Fiducian Superannuation Fund – Trustee Board
Fiducian Superannuation Fund – Trustee Board Drew Vaughan (Chairman) Maria-Ann Camilleri Lounarda David Sam Hallab Catherine Lynch James Randall Jai Singh Ramani Venkatramani 3
Slide 4: Chairman's Update
Chairman’s Update Drew Vaughan 4
Slide 5: The Fiducian Superannuation Fund
Chairman’s Update The Fiducian Superannuation Fund • FSS, PSS, AXS, AMFGS, IMS and LWS are “public offer” superannuation funds • Regulated and licensed by the Australian Prudential Regulation Authority • Has a Corporate Trustee • Provides a broad range of investments including diversified and single
Slide 6: Long Term Fund Growth
Chairman’s Update Long Term Fund Growth June 2015 – June 2025 Source: FSF Annual Financial Statements 6
Slide 7: Investment Products and Performance: Active Moderate Growth
Chairman’s Update Investment Products and Performance Fiducian Active Moderate Growth Portfolio 1 year to Return 9.6% p.a. 30 June 2025 Ranking* 42/95 5 years to Return 7.8% p.a. 30 June 2025 Ranking* 8/82 10 years to Return 7.2% p.a. 30 June 2025 Ranking* 2/63 *Source: FE fundinfo Past performance
Slide 8: Investment Products and Performance: Active Growth
Chairman’s Update Investment Products and Performance Fiducian Active Growth Portfolio 1 year to Return 10.2% p.a. 30 June 2025 Ranking* 89/162 5 years to Return 8.9% p.a. 30 June 2025 Ranking* 28/150 10 years to Return 8.0% p.a. 30 June 2025 Ranking* 3/131 *Source: FE fundinfo Past performance is n
Slide 9: Fiducian Diversified SMA Investment Options
Chairman’s Update Fiducian Diversified SMA Investment Options Fiducian Active Conservative Growth Portfolio Fiducian Active Moderate Growth Portfolio Fiducian Active Growth Portfolio Fiducian Active High Growth Portfolio 9
Slide 10: Appointment of new General Manager Superannuation
Chairman’s Update Appointment of new General Manager Superannuation Jonathan Green: Joined as the General Manager Superannuation in December 2024, bringing with him over 35 years industry experience in investments, custody and operations management. Ross Martin: Retired in December 2024 after servin
Slide 11: Conclusion
Chairman’s Update Conclusion The Trustee remains fully committed to providing you, our Members, with service excellence, and thanks you for your continued support. 11
Slide 12: General Manager Superannuation Update
General Manager Superannuation Update Jonathan Green 12
Slide 13: Trustee Focus Areas
General Manager Superannuation Update Trustee Focus Areas Cyber Security Investment Governance Industry Wide Priorities Service Provider Engagement and Performance 13
Slide 14: Specialist Outsourced Service Providers – External Organisations
General Manager Superannuation Update Specialist Outsourced Service Providers External Organisations • Asset Custodian (Citi) • External Auditor (KPMG) • Internal Auditor (Ernst & Young) • Insurance (TAL) 14
Slide 15: Specialist Outsourced Service Providers – Fiducian
General Manager Superannuation Update Specialist Outsourced Service Providers Fiducian • Administration and Contact Centre • Finance and Regulatory Reporting • Investment Services • Risk Management • Marketing • Distribution • Information Technology • Legal and Compliance 15
Slide 16: Economic Outlook
Economic Outlook Conrad Burge Executive Chairman Fiducian Investment Management Services 16
Slide 17: Our multi-manager approach
Our multi-manager approach - 28 underlying managers in our major diversified funds - wide diversification across sectors, funds and securities 28 different fund manager portfolios through one investment transaction 17
Slide 18: Where to now for the global economy?
Where to now for the global economy? - some policy shifts have already begun • The latest IMF report forecasts solid global growth over the coming year (3.1% after growth of 3.2% in 2025), with growth in the advanced economies more subdued (1.6% in 2026 after 1.6% in 2025). • Last year, the IMF note
Slide 19: Growth is slowly rising
Growth is slowly rising (latest GDP data as at 30 September 2025) - most economies are out of recession but some only barely - manufacturing indices still mostly weak but improving • GDP (quarter-on-quarter) GDP (year-on-year) Manufacturing PMIs • US 1.0% (Jun) 2.1% 51.2 (Jan) 52.5 (Oct) • Euro zone
Slide 20: Inflation rates
Inflation rates (as at 31 October 2025) Headline CPI (year-on-year): (monthly) 3-months Core inflation rate (excludes volatile items) • US 3.0% (Sep) (peak was 9.1% in June 2022) 0.3% 0.9% 3.0% • Euro zone 2.1% (record high was 10.6% in Oct 2022) 0.2% 0.5% 2.4% • Germany 2.3% (10.4% in Oct 2022, hig
Slide 21: Global interest rates – have been coming down
Global interest rates – have been coming down - US (3.75% to 4.00%), Euro (2.0%), UK (4.00%), Japan (0.5%), Australia (3.60%) 7.5 6.5 Peak 5.5 Interest Rates (%) 4.5 3.5 2.5 1.5 0.5 -0.5 21
Slide 22: Leading indicators
Leading indicators - economic indicators for the US now improving after post-tightening dip - indicating that the general outlook is improving, aided by lower interest rates A reading above 100 that is rising predicts expansion, above 100 and falling, a downturn; below 100 and falling a slowdown, be
Slide 23: Leading economic indicators
Leading economic indicators - India and China diverging - India forecast to continue to grow strongly in 2026, while China has slowed A reading above 100 that is rising predicts expansion, above 100 and falling, a downturn; below 100 and falling a slowdown, below 100 and rising a recovery Source: OE
Slide 24: Leading economic indicators
Leading economic indicators - indicators in Australia now above trend, with economy just out of per capita recession - with inflation rising again, RBA unlikely to cut interest rates further for some time A reading above 100 that is rising predicts expansion, above 100 and falling, a downturn; below
Slide 25: What could underpin markets over the coming year?
What could underpin markets over the coming year? • Most major economies are expanding at a steady, if unspectacular, pace • Consumer and business sentiment could rise along with a lower interest rate environment • Inflation now appears to be well-contained in most jurisdictions • Monetary policy co
Slide 26: Questions?
Questions? 26
Slide 27: Thank you for attending the 2025 Annual Members' Meeting
Thank you for attending the 2025 Fiducian Superannuation Fund Annual Members’ Meeting 27
Slide 28: 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 views and opinions contained therein are those of the authors as at the date of publication and are subject to change du
Slide 29: Disclaimer
Disclaimer Source: FE Investments. The above peer group rankings use FE fundinfo. The content of all FE fundinfo reports has been produced for the exclusive use of investment professionals and should not be relied upon by private investors, except where the report is specifically labelled as being f