In this section we explore investing basics, common themes and information to help guide your investing journey. 

The information provided is general information only. The information does not take into account your investment objectives, financial situation or particular needs. You should consider your own investment objectives, financial situation and particular needs before acting upon any information provided in this document and consider seeking advice from a financial adviser if necessary.

September 21, 2021

Polen Capital Global Growth Strategy is now available via Netwealth

By Dean Curnow

Montgomery’s partnership with U. S. based Polen Capital celebrates its six-month anniversary this month. In March this year Montgomery launched the Polen Capital Global Growth Fund to Australian and New Zealand investors, and will be launching further capabilities with the Polen Capital team in the not-so-distant future.
July 23, 2021

Polen’s Q2 2021 portfolio commentary

By David Buckland

In this week’s video insight, Portfolio Manager of the Polen Capital Global Growth strategy, Jeff Mueller, discusses the results for the June 2021 Quarter. To remind readers, the Polen Capital Global Growth Fund appreciated by 10.9 per cent in Australian Dollars, outperforming the benchmark by 2.0 per cent, after expenses. 

June 24, 2021

Montgomery Small Companies Fund – Active management in action

By Dean Curnow

What does active management look like in the modern era? There are many ways to assess how active a manager actually is – from comparing their active share (or common holdings) or sector over/underweights versus the index, or the turnover rate of  their underlying  holdings, to name a few.
June 1, 2021

What return can you expect on Freightways shares?

By Tim Kelley

Recently, we wrote about the return a long-term investor might expect to earn buying Australian listed equities at today’s prices. The note, which can be found here, concluded that returns in the region of 7. 5-8 per cent might be a reasonable estimate – somewhat lower than the returns earned in the past.
May 24, 2021

Why we sold out of Redbubble

By Joseph Kim

Most articles we read are about hot stock tips to buy. Occasionally there are articles about “shorting” opportunities, albeit most are directed to sophisticated investors given the risks around shorting (i. e. a potential loss that exceeds your initial investment). Very few articles talk about when to sell.
May 18, 2021

What return can you expect from Australian equities?

By Tim Kelley

Equities, while volatile, have historically provided attractive returns to long-term investors. The ASX All Ordinaries Index, for example, has delivered a compound total return (capital growth plus dividends) in the region of 12 per cent p. a. since 1900.
April 30, 2021

How to estimate intrinsic value

By Roger Montgomery

  In this educational video Roger shares the steps for estimating intrinsic value using the formula from his book Value. able. Back in February 2011 when he applied the formula to Woolworths Roger arrived at an intrinsic value of $23. 36.
April 20, 2021

10 experts reveal their top investing tip for beginners

By Andreas Lundberg

Maria Bekiaris published an article for Canstar which identifies top tips from 10 experts for anyone investing in shares or ETFs for the first time. Andreas discusses diversification and why a beginner investor should spread their holdings to some extent but also keep in mind that excess diversification does not reduce portfolio risk.

April 6, 2021

What is happening in growth vs value investing?

By Tim Kelley

In the past we have commented several times on the relative performance of value vs growth investing, including this article from the middle of last year, which highlighted the miserable experience of traditional “value” investors in recent years, and the potential for a more positive experience going forward.
February 15, 2021

SMSF cost analysis

By Scott Phillips

The success of the Australian superannuation system, envied by most governments around the world has now grown to encompass close on $3 trillion of assets. This is broadly split between three different types of fund – Public Sector/Industry/ Corporates, Retail and Self Managed Super Funds (SMSF).

Funds

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