Frequently Asked Questions

Who is Lakehouse Capital?

Lakehouse Capital is a Sydney-based funds management business launched, and wholly owned, by The Motley Fool Australia Pty Ltd (ACN 146 988 052).

What does Lakehouse Capital do, exactly?

Lakehouse Capital is the investment manager for the Lakehouse Small Companies Fund and the Lakehouse Global Growth Fund.

The Lakehouse Small Companies Fund is a small-cap managed fund focused on unearthing and owning a portfolio of great growth companies in Australia and New Zealand on behalf of its investors. Additionally, the fund can invest up to 10% of its capital in private market investments (namely, pre-IPO investments).

The Lakehouse Global Growth Fund focuses on the other 98% of listed investment opportunities that are located outside of Australia. The Fund has a global mandate and will invest the majority of assets in a high conviction portfolio of 20 to 40 mid- and large-capitalisation companies with expected long-term growth, and that are listed in developed markets.

Who owns Lakehouse Capital?

Lakehouse Capital is wholly owned by The Motley Fool Australia Pty Ltd (ACN 146 988 052), which launched down under in 2011. Our parent company, US-based The Motley Fool, was launched in 1993 and has hundreds of thousands of members worldwide.

Each member of the Lakehouse Capital team has an ownership stake in The Motley Fool.

What is the Lakehouse Global Growth Fund?

The Lakehouse Global Growth Fund is a managed fund with a global mandate. It will invest the majority of assets in a high conviction portfolio of 20 to 40 mid- and large-capitalisation companies with expected long-term growth, and that are listed in developed markets.

Subject to meeting Lakehouse Capital’s investment criteria, the fund may also invest in companies that are listed in emerging markets or that are smaller in capitalisation.

The Fund is offered to investors located in Australia and New Zealand and may accept retail, wholesale, and institutional investors.

The minimum initial investment amount is $100,000. However, the Fund’s responsible entity may accept lesser application amounts at its discretion.

The responsible entity for the Fund is an entity from within One Investment Group, one of Australia’s leading providers of responsible entity services.
The Fund’s product disclosure statement, which should be read by all potential investors prior to investing, includes details on the Fund’s strategy, mandate, benchmark, fees, and risks. The Portfolio Manager of the Global Growth fund is Joe Magyer.

What is the Lakehouse Small Companies Fund?

The Lakehouse Small Companies Fund is a managed fund focused on small-cap growth companies listed in Australia and New Zealand. Additionally, the fund can invest up to 10% of its funds in private market investments (namely, pre-IPO investments).

The responsible entity for the fund is an entity from within the  One Investment Group, one of Australia’s leading providers of responsible entity services.

The Fund’s product disclosure statement (PDS) contains all the finer details on the fund, including its strategy, mandate, benchmark, risks, fees, and more. The Portfolio Manager of the fund is Joe Magyer.

Note, the Fund is currently soft closed to new investors.

Who can invest in the fund?

The Fund is offered in Australia and New Zealand and may accept retail, wholesale, and institutional investors.

What is the minimum investment in the Lakehouse Small Companies Fund?

As discussed in the PDS, the minimum initial investment amount is $250,000. However, we may accept lesser application amounts at our discretion.

What are the fees of the Lakehouse Small Companies Fund?

The fees for the Lakehouse Small Companies Fund are detailed in the PDS.

Lakehouse charges a management fee of 1.3% per annum of the gross value of the Fund’s assets. This fee is payable to the Investment Manager who will use it to cover all expenses of the Fund including the RE Fee and the Custody Fee described in the PDS. A performance fee of 15% of the amount by which the Fund’s returns (after fees and expenses but before taxes) exceed the higher of the Benchmark and high watermark may be also be payable. This fee is payable to the Investment Manager.

How can I contact someone at Lakehouse Capital?

You can give us a call on 02 8294 9800 or email us at investorsupport@lakehousecapital.com.au. You can also register your interest online here.

What is your mailing address?

G.P.O. Box 498, Sydney NSW 2001.

What is your office address?

Level 14, 5 Martin Place, Sydney NSW 2000.