We aim to deliver strong, sustainable returns from Australian small and mid-cap companies.

Australian Equities Small Cap – finding value from a diverse universe

  • Stable team with consistent philosophy and process applied for over a decade
  • Focus on quality companies with sustainable competitive advantage protects from downside risks
  • Evaluation criteria emphasises sustainability and ESG

Why Aust Equity Small Companies

An experienced team with a disciplined investment process focused on quality companies with sustainable competitive advantages seeking value from the wide range of returns offered by smaller Australian companies.

How we do it

The Australian Equities (Small Cap) team focuses on companies with sustainable competitive advantages, strong financials and quality management, and predictable earnings.

By favouring companies with these attributes, our fundamental bottom-up investment process aims to deliver superior returns and protect from downside risks.

We use six key criteria which we believe have a material impact on profitability to evaluate a company's investment credentials. The key factors are: management, industry, financials, valuation, sustainability (including environmental, social and governance factors) and market factors.

Our research process is enhanced by direct engagement with company board members and management, competitors, suppliers and other stakeholders, which serve as a critical source of idea generation and risk management.

Our team

Led by Dawn Kanelleas, we consist of three specialists based in Sydney with an average of 14 years of experience.

We have been together as a team for over a decade, with all three team members having dual portfolio manager and analyst responsibilities.

Responsible Investment

Responsible Investment

Our corporate RI strategy is based upon three strategic pillars of quality, stewardship and engagement.
We consider ESG risks to be factors that may place business value at risk. Companies at risk are identified using both external providers and our own internally driven research, which is based on a systematic and extensive company meeting program. Company meetings provide us with the opportunity to engage on ESG issues and gain greater insight into potential risks and opportunities. It also provides us with the opportunity to positively influence companies towards ESG best practice where appropriate.

Select your location below for detail on our committment to Responsible Investment, including carbon dashboards, case studies and proxy voting records.

Select your location below to view available fund performance and documents. Not all strategies are available in all locations.