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, which 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).

Why did The Motley Fool Australia launch Lakehouse Capital?

Lakehouse Capital is the investment manager for the Lakehouse Small Companies Fund, which 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).

Who owns Lakehouse Capital?

Lakehouse Capital is a 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 our parent company.

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.

How does the Lakehouse Small Companies Fund measure success?

The fund is benchmarked against the ASX/S&P Small Ordinaries Accumulation Index, which is the most widely accepted benchmark for small-cap funds in Australia-centric managed funds.

As long-term, business-focused investors, we judge our success over rolling 5-year periods. Investors expecting to get-rich-quick or fancy themselves as traders should consider other options. We play the long game at Lakehouse Capital.

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.