Salter Brothers Emerging Companies Ltd. · ASX:SB2
Salter Brothers Emerging Companies — Investor Presentation (July 2024)
17 slides from Salter Brothers Emerging Companies's investor presentation, Jul 5, 2024
Slide 1: Salter Brothers Emerging Companies Limited (ASX: SB2)
For personal use only SALTER BROTHERS EMERGING COMPANIES LIMITED (ASX CODE: SB2) JJ U U LNYE 2 20 02 2 4 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: Executive Summary
EXECUTIVE SUMMARY › Salter Brothers is a global fund manager with over $3.5B of group assets under management. For personal use only › Salter Brothers Emerging Companies Limited (ASX–SB2) is a listed investment company (LIC) dedicated to investing in small cap Australian companies with a market capi
Slide 4: 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 5: About Salter Brothers
ABOUT SALTER BROTHERS › Salter Brothers is a Global Fund Manager Salter Brothers’ Milestones Mandate for Managing with a focus on alternative investment KEY a SWF’s Hotel Portfolio (Australia) offerings for high net worth and Acquisitions, Investments For personal use only Key Milestones AUM $M & Ma
Slide 6: The Salter Brothers Team
THE SALTER BROTHERS TEAM Board of Salter Brothers Board of Salter Brothers Asset Management Emerging Companies Ltd. (SB2) Equities Investment Team Senior Management John Humphreys John Vatovec Gregg Taylor | Head of Equities Paul Joyce Chairman Chairman Investment Director – Listed / Chief Operating
Slide 7: 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 For personal use only with a proven track record of being a lead active investor in quality growth companies with global opportunity sets,
Slide 8: The SB2 Investment Team
THE SB2 INVESTMENT TEAM Gregg Taylor - Lead Portfolio Manager Tineyi Matanda Investment Director & Head of Equities Director Years within: Years within: For personal use only • Salter Brothers: 2 • Salter Brothers: 7 • Industry: 25+ • Industry: 17+ › Previously Chief Investment Officer and Portfolio
Slide 9: 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 10: The SB2 Portfolio
THE SB2 PORTFOLIO Portfolio Composition (as at 30/06/2024) Portfolio Sector Weights › The SB2 Portfolio has 25 Listed holdings (84.5% of the total value), 5 Unlisted holdings 32.2% Industrials For personal use only (13.6% of the total value) and 1.9% Cash. 21.4% Information Technology › The weighted
Slide 11: Key Features of the Portfolio
KEY FEATURES OF THE PORTFOLIO 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 FY24F FY25F upside of t
Slide 12: Why Invest in Small Caps?
WHY INVEST IN SMALL CAPS? With interest rates nearing the peak in the cycle and Disparity in performance between ASX-listed Small improving fundamentals, we expect investor sentiment and Large Cap Industrials is beginning to revert, regarding Small Caps to turn around in FY25. presenting a promising
Slide 13: SB2 NAV Performance
SB2 NAV PERFORMANCE SB2 has consistently outperformed the Performance Summary SB2 Small Ords# Outperformance Small Ords since inception, achieving 1 Months^ 1.01% -1.66% 2.67% positive returns while successfully 6 Months 8.17% 0.59% 7.58% navigating the strong headwinds faced For personal use only 1
Slide 14: ASX Emerging Companies Index – Simulated Performance by Market Cap
ASX EMERGING COMPANIES INDEX – SIMULATED PERFORMANCE BY MARKET CAP › We simulated the ASX Emerging Companies Index Performance of ASX Emerging Companies by For personal use only (a peer benchmark to Salter Brothers Emerging Market Cap Ranges over the last 12 Months Companies) replicating its current
Slide 15: 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 becomes more apparent when viewing their contribution by sector. Constituents By Sector For personal use only 12 Months Performance of sub-$500m
Slide 16: 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 17: Contact Us
CONTACT US Gregg Taylor For personal use only Investment Director & Head of Equities E | gregg.taylor@salterbrothers.com.a Yossi Kraemer Co‑head Capital Partnerships & Director Funds Management E | yossi.kraemer@salterbrothers.com.au P | 03 9258 2100 E | info@salterbrothersemergingcompanies.com.au W
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