We’re pleased to announce that the Lakehouse Small Companies Fund has lowered its initial minimum investment from $250,000 to $100,000.
This change is effective immediately, from March 15, 2019.
We’re pleased with the change, as a lower minimum allows greater access to the Fund for a wider audience of investors. Since launch in late 2016, we’ve fielded a constant stream of enquiry about lowering the minimum and are delighted to offer this going forward.
For those investors who have a healthy appetite for small growth stocks, the Lakehouse Small Companies Fund could be a complementary strategy to consider.
Why invest in small-caps?
Small-caps have much more potential upside. They’re not companies that most investors would’ve typically heard of and are a good deal smaller and faster-growing than the mega-cap companies that dominate local headlines.
The Lakehouse Small Companies Fund takes a long-term, high-conviction approach to investing in fast-growing small companies listed in Australia and New Zealand.
Since inception in mid-November 2016 to 28 February 2019, the Fund has returned 58.5% net of fees and expenses compared to 28.7% for its benchmark, the S&P/ASX Small Ordinaries Accumulation Index.
We’re the first to say that it is early days at the Fund and that past performance isn’t indicative of future returns. Still, we’re pleased that the Fund is off to a solid start towards its goal of long-term outperformance.
The Lakehouse Small Companies Fund is accepting new investors
Investing in the Fund is a big decision for investors and it’s important to make an informed choice. Potential investors should read and consider the new Product Disclosure Statement (PDS), dated 15 March 2019, (and seek professional advice) when deciding whether to acquire units in the Lakehouse Small Companies Fund.
And while the PDS is the definitive guide, we’d welcome any follow-up questions potential investors may have about the Fund and its strategy. We can be contacted at [email protected] or 02 8294 9800.
To learn more about how to invest in the Lakehouse Small Companies Fund please see the “How to Invest” section below.
Joe Magyer, CFA
Chief Investment Officer, Lakehouse Capital
How to Invest
Investments can be made directly via a Product Disclosure Statement (PDS) application form
Via a platform
APIR: OMF6696 AU
- Read the Product Disclosure Statement
- Complete the online application form
- Transfer funds
For your convenience, we’ve created this brief 3-minute instructional video to guide you through the application process. Includes details regarding immediate online ID verification, applying via an entity eg: SMSF, making payment via BPAY, and more.
Handy hint! Get prepared by having identity documents (such as driver’s licence and passport) along with tax file number, ready.
Existing Investors: Adding to investment
To add to your investment simply BPAY the payment and Registry will confirm additional units in the Fund. No further action is required. Biller code: 261305.
As an existing investor you are able to make additional payments to top-up your investment in the Fund at any time. Existing investors who make additional payments via BPAY (using their investor profile ID number as the reference) do NOT need to fill out an application form. To add to your investment simply BPAY the payment and Registry will confirm additional units in the Fund.
Click here for more detail and step-by-step instructions, including where to find your investor profile ID number. *BPAY only payment assumes no changes to the beneficial owner.
Existing Lakehouse Global Growth Fund Investors: investing in the Lakehouse Small Companies Fund
Any existing Lakehouse Global Growth Fund investor who wants to apply for units in the Lakehouse Small Companies Fund — using the same entity — will have a much shorter application experience.
This brief 2-minute instructional video guides existing Lakehouse Global Growth Fund investors through the shortened application form. Includes details on a specific check-box to tick for identity purposes, and where to find your market value statement.
For any questions about the application form please contact One Registry Services at: [email protected] or 02 8188 1510.
The Lakehouse Small Companies Fund appears on the following third party platforms:
- Hub 24 IDPS
Sole use and confidentiality: This report has been prepared by Lakehouse Capital Pty Limited (ABN 30 614 957 603, authorised representative of AFSL 400691) and by its officers, employees and agents (collectively “Lakehouse”) for the sole use of its clients as a record of the performance of their investment. The contents of this report are confidential, and the client may only disclose such contents to its officers, employees or advisers on a need to know basis, or with the prior written consent of Lakehouse.
Disclaimer: The responsible entity for the Lakehouse Small Companies Fund (ARSN 615 265 864) is One Managed Investment Funds Limited (ACN 117 400 987) (AFSL 297042) (“OMIFL”). The information contained in this document was not prepared by OMIFL but prepared by other parties. All of the commentary, statements of opinion and recommendations contain only general advice and have not taken into account your personal circumstances. This report contains general financial product advice only. Any investment in Lakehouse or OMIFL products need to be made in accordance with and after reading the Product Disclosure Statement and Additional Product Disclosure Statement dated 15 March 2019, and investors should consider the PDS before deciding whether to invest in the Fund or continue to hold units in the Fund. The opinions, advice, recommendations and other information contained in this report, whether express or implied, are published or made by Lakehouse in good faith in relation to the facts known at the time of preparation. Information is current as at the date of the letter, unless otherwise noted. Past performance is not indicative of future performance. The PDS and AIB can be obtained by visiting www.oneinvestment.com.au/lakehouse.
Limitation of liability: Whilst all care has been taken in preparation of this report, to the maximum extent permitted by law, neither Lakehouse or OMIFL will be liable in any way for any loss or damage suffered by you through use or reliance on this information. Lakehouse and OMIFL’s liability for negligence, breach of contract or contravention of any law, which cannot be lawfully excluded, is limited, at Lakehouse’s option and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or to paying for the resupply of this information or any part of it to you.
Disclosure: Lakehouse, its directors, employees and affiliates, may, and likely do, hold units in the Lakehouse Small Companies Fund and securities in entities that are the subject of this report. Copyright: Lakehouse owns the copyright to this publication. Its contents may be used for your own personal use, but you must not (without Lakehouse’s consent) alter, reproduce or distribute any part of this publication, transmit it to any other person or incorporate the information into any other document.