Bennelong Emerging Companies Fund
Bennelong Australian Equity Partners (BAEP) has launched a new fund, the Bennelong Emerging Companies Fund, that will invest in micro and small capitalisation stocks listed on the ASX. It will be managed by the BAEP investment team.
The fund is investing in 20 to 40 micro and small cap stocks. According to BAEP, these stocks can offer more exciting growth prospects and are often less well known and researched.
It is targeting a return of the RBA cash rate plus 5 per cent, and is managed by portfolio manager Mark East. It has a recommended investment term of five years plus.