Katana Capital Ltd. · ASX:KAT
Katana Capital — Shareholder Meeting (November 2015)
14 slides from Katana Capital's shareholder meeting presentation, Nov 25, 2015
Slide 1: Katana Capital Limited AGM Presentation November 2015
For personal use only Katana Capital Limited NOVEMBER 2015 AGM PRESENTATION
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation is provided to each recipient on the following basis: a. this presentation has been produced by Katana Asset Management (KAM) b. this presentation does not purport to contain all the information that the recipient may re
Slide 3: Index
Index For personal use only • Key Metrics • Personnel • Investment Philosophy • Portfolio and Top 10 • Performance History • Dividends • Outlook
Slide 4: Key Metrics
Key Metrics For personal use only FY15 Performance vs Benchmark • Investment Return -2.28% vs Benchmark (All Ords Index) +1.29% In Context - 10 Year Performance vs Benchmark • Outperformed the index benchmark in 8 out of 10 years Dividends • Paid 4x quarterly dividends totalling 6c per share (Averag
Slide 5: Personnel: Investment Staff
Personnel Investment Staff For personal use only MEMBER TITLE QUALIFICATIONS YEARS SKILLSET & ORIENTATION INVESTING Romano Portfolio B.Bus (Distinction), Grad Dip 20 Bottom-up value investing: small- Sala Tenna Manager Applied Investment Analysis, mid-large caps; fundamentally ADA 1&2, F.FINSIA driv
Slide 6: Personnel: Manager Skills and Experience
Personnel Investment Staff For personal use only Manager – Skills and Experience • Combined direct investment experience of >100 years! • Covers 4 stock market cycles • Professional Qualifications - economics, business, accounting, investment analysis, mining, geology • Diverse Backgrounds – domesti
Slide 7: Investment Philosophy
Investment Philosophy Overview For personal use only Multiple Styles for Multiple Market Conditions: • Fundamental combined with technical analysis • Value and growth Investing • Market experience and observation • Comfortable to remain weighted in cash for extended periods • Focused on capital pres
Slide 8: Portfolio: Top 10 Investments
Portfolio Typical Portfolio Portfolio as at 31 October 2015 For personal use only Top 10 Investments Percentage of Portfolio Valuation as at 31/10/15 • Overweight Large Caps ANZ Banking Group Ltd 4.3% Crown Resorts Ltd 3.8% • Largest holding is 4.3% of the fund National Australia Bank Ltd 3.8% • 5 o
Slide 9: Portfolio: Active Weightings vs Index Benchmarks
Portfolio Typical portfolio For personal use only Active Weightings vs Index Benchmarks • Overweight high conviction sectors eg Financial Services • Underweight overvalued and/or structurally challenged sectors eg Materials, Utilities, Consumer Staples Source: Katana Asset Management
Slide 10: Performance History vs Benchmark
Performance History vs Benchmark For personal use only Strong performance track record • Positive performance over short, medium and long term • Proven 10-year track record during challenging period (includes GFC) • Prepared with skills and experience for future challenges Note: 1 Past performance i
Slide 11: Performance History: Significant Out-Performance
For personal use only Performance History Significant (Gross) Out-Performance • Since listing in December 2005: • Out-performed benchmark in 8 out of 10 years • Out-performed benchmark by an average of 7.12% pa Note: 1 Past performance is not necessarily indicative of future performance 2 All invest
Slide 12: Dividends
For personal use only Dividends Dividend History • Paid dividends every year since listing • Four quarterly dividends of 1.5cps = 6 cents in FY15 (average 50% franked) • Quarterly dividends provide regular cash flow to yield conscious investors • Dividend Reinvestment Plan - company purchases shares
Slide 13: Outlook
For personal use only Outlook Macro Environment • Low global growth and lower than normal interest rates • US economy improving with interest rate rise end 2015 or early 2016 • Low growth in Europe and Japan with negative interest rates and quantitative easing remaining in 2016 • China growth slowin
Slide 14: Thank You
For personal use only Thank You