Montgomery Investment Management is pleased to announce the launch of its first Small Companies Fund under a new joint venture that welcomes respected fund managers Gary Rollo and Dominic Rose to the firm.
The Montgomery Small Companies Fund opens on 20 September and will typically invest in a high conviction portfolio of 30 to 50 small companies listed in Australia and New Zealand, and pre-IPO opportunities. Rollo and Rose will lead the management of the fund.
“We’re delighted to welcome the exceptionally experienced Gary and Dominic to Montgomery,” said Montgomery’s Chief Investment Officer, Roger Montgomery.
“We’re very excited about the small companies arena, having lived it for years now,” said Rollo. “Smaller companies often have exceptional growth prospects but are under-researched by brokers. That can create great opportunities to buy in at sensible prices for those with the time and expertise to learn about them.”
Between them, Rollo and Rose have held portfolio management and research roles at Renaissance Asset Management, Morgan Stanley, J.P. Morgan and Deutsche Bank, focusing on small-cap and technology companies. Over the past three years, the pair managed the MHOR Australian Small Cap Fund.
“It is clear to me that applying conviction investing to small caps reveals opportunities that many miss,” said Montgomery. “But finding tomorrow’s leaders today means knowing these businesses personally. It also means underpinning deep analysis with hundreds of face-to-face meetings each year.”
The Montgomery Small Companies Fund will be actively managed, and will pursue a long-only, style‑neutral approach focused on outperforming the S&P/ASX Small Ordinaries Accumulation index over a rolling five-year period. The minimum initial investment is $25,000.
To pre-register to receive more information about the launch of the Montgomery Small Companies Fund, please click here.