WaveStone Wholesale Australian Share Fund


The WaveStone Wholesale Australian Share Fund is an actively selected portfolio of primarily Australian shares managed with the aim of outperforming the S&P/ASX 300 Accumulation Index over rolling three-year periods. Interests in the WaveStone Wholesale Australian Share Fund are offered by Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 (Fidante Partners).

The Fund invests primarily in securities listed on Australian exchanges but may also have up to 10% exposure to international securities listed in exchanges in developed markets. Securities include equity securities, hybrid securities (for example, convertible preference shares) and shares in unlisted companies provided that they are expected to list within 12 months.

Fund objective

To outperform the S&P/ASX 300 Accumulation index over rolling three-year periods.

Investment approach

WaveStone is a high conviction manager investing across the spectrum of the share market. WaveStone believes that markets are not perfectly efficient leading to securities becoming mispriced. WaveStone aims to identify businesses with superior 'corporate DNA' operating within favourable industry dynamics. Such companies should deliver above market earnings growth. The companies selected will be those that are prudently financed, well managed and with a track record of success. Primary emphasis is placed on bottom-up stock picking through comprehensive research as distinct from targeting overall market indices.

For more information visit the WaveStone website.