About the Fund
The Paradice Australian Large Cap Strategy does not bias value or growth but ensures the fund buys stocks that are cheaper than the market relative to their growth profile.
The process of selecting a stock involves meeting with the companies themselves, other competitors or private businesses in the same industry as well as with analysts who specialise in the respective fields. The key focus area is on management, the current and future cash flows to the providers of capital and the quality of the balance sheet.The strategy is bottom up focussed but very aware of the broader macro drivers. Once the research and analysis process is complete the team’s assessment of value relative to risk will determine the inclusion and weighting of 30-70 stocks in the portfolio. Given the bottom up portfolio construction process the sector weights are more of an outcome of the stock selection process, however the overall portfolio construction process takes into consideration risks such as liquidity and industry concentration.
The investment universe consists of Australian and New Zealand listed Large Cap stocks. Paradice defines large cap stocks as those listed on the S&P/ASX 200 Index.
The Paradice Australian Large Cap fund aims to outperform the S&P ASX200 Accumulation Index.