About QV Equities (ASX:QVE)
Transcription
About QV Equities (ASX:QVE)
About QV Equities (ASX:QVE) QV Equities Limited provides a unique opportunity to invest in a quality portfolio of ASX listed entities outside the S&P/ASX 20 Index, managed by Investors Mutual Limited. Investment Objective The Company’s primary objective is to achieve long term value (over a five year plus investment period) via a combination of capital growth and income, by investing in a diversified portfolio of quality ASX listed Australian and New Zealand entities outside the S&P/ASX 20 Index which the Manager considers to be undervalued. Benefits of Investing in QVE Why ex20? Experience – experienced investment Manager focused on maximizing the long term after tax value of investors' capital Diversification benefits – The S&P/ASX 300 ex20 offers more diverse entities in terms of market capitalization and industry sectors, providing a far greater breadth of opportunity Yield – In addition to long term capital growth, the Manager will be focused on long term income growth for the Portfolio and will look for investment opportunities in the ex-20 Segment that pay sustainable and growing dividends with attractive franking credits. About the Manager: Investors Mutual Ltd We seek to buy and own companies with; a competitive advantage, with recurring earnings, run by capable management, that can grow, .......at a reasonable price Investors Mutual Limited (IML) is a specialist Australian equities fund manager and was established in May 1998 by Anton Tagliaferro. IML applies a conservative value-based investment style with a long-term focus and aims to deliver consistent returns for clients. Investment Philosophy IML’s investment philosophy is based on the premise that over the long-term, a company’s share price will reflect its underlying inherent value. We are looking to invest in quality companies that are trading below their underlying value. Investment Managers: Anton Tagliaferro—IML Investment Director Founder of IML in 1998 Over 28 years experience in Funds Management Simon Conn—IML Senior Portfolio Manager Founding member of IML’s Investment Team 16 years experience within the Small and Midcap Sector QVE: Key Facts Benchmark S&P/ASX 300 ex20 Accum Number of Stocks 20 – 50 ASX listed securities which fall outside the S&P/ASX 20 Index Cash Limits Up to 25% Management Fee 0.90% p.a. (+GST) of the NAV up to $150m 0.75% p.a. (+GST) over $150m Performance Fee Nil Option 1 free option (exercisable at $1.00 per share on or before the 15th of March 2016) Suggested investment time frame 5+Years Directors & Executives Don Stammer Peter McKillop John McBain Graham Hook Anton Tagliaferro Simon Conn Linda Kwong Chairman & Non-executive Director Non-executive Director Non-executive Director Executive Director & CEO Executive Director Alternate Director for Anton Tagliaferro CFO & Company Secretary Key Dates ASX Code: QVE Lodgement of the Prospectus with ASIC 23rd June 2014 Offer opens 14th July 2014 Offer closes 8 August 2014 Expected date for allotment of Shares and Options 15th of August 2014 Trading on the ASX (on a normal settlement basis) 22 August 2014 The above timetable is indicative only. QVE reserves the right to vary the dates and times set out above subject to the Corporations Act 2001 (cth) and other applicable laws NAV Pricing Monthly Dividend Frequency Half Yearly Research House Ratings: Lonsec: Highly Recommended Zenith: Recommended Joint Lead Managers CBA Equities Limited (Arranger) Taylor Collison Pty Ltd Patersons Securities Limited BBY Ltd IML Representatives: Further Information Wayne McGauley Head of Retail & State Manager QLD Phone 0404 012 644 Email [email protected] David Glascott State Manager VIC, TAS,WA Phone 0410 313 431 Email [email protected] Sam Harris Relationship Manager National Groups, ACT State Manager Phone 0429 982 159 Email [email protected] Luke Mackintosh State Manager NSW & SA Phone 0432 147 399 Email [email protected] Co-Lead Manager Lonsec Limited Disclaimer QV Equities Limited is offering its securities for subscription by an initial public offer (Offer). The offer of securities to investors in Australia and New Zealand is being made under a prospectus and investors in Australia and New Zealand wishing to apply for securities under the prospectus must complete the application form that is in, or accompanies, the prospectus and follow the instructions contained in Section 2 of the prospectus. A copy of the prospectus may be obtained by telephoning (+61) 1800 868 464. An electronic version of the prospectus is also available to Australian and New Zealand investors at the following website www.qvequities.com. The prospectus contains information about investing in securities in QV Equities Limited under the Offer. It is important that potential investors read the prospectus carefully and in full and seek professional advice from their accountant, stockbroker, lawyer or other professional adviser before deciding to invest in QV Equities Limited.
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