Asymmetric Asset Management

Overview

Asymmetric Asset Management is a private investment firm based in Adelaide, South Australia, managing the Asymmetric Opportunities Fund. The firm focuses on identifying asymmetric investment opportunities in Australian small and mid-cap industrial stocks, aiming to achieve long-term outperformance against the S&P/ASX Small Industrials Accumulation Index. The fund typically invests in a concentrated portfolio of 12 to 25 companies, primarily outside the S&P/ASX 100, providing exposure to smaller, growing businesses. The investment strategy emphasizes high-quality and growing businesses, out-of-favour companies facing short-term but surmountable headwinds, lesser-known or overlooked companies with appealing prospects, and special situations such as arbitraging takeovers. The fund's inception date is 1 January 2019, with a minimum investment amount of $100,000. The management fee is 1% per annum, and the performance fee is 20% of the outperformance above the benchmark, subject to any previous underperformance being recovered. Distributions are made annually, with a buy/sell spread of 0.3%. The fund is managed by Asymmetric Asset Management Pty Ltd (ACN 630 470 512, AFSL No: 536830), with Certane CT Pty Ltd acting as the custodian and William Buck Managed Funds Administration (SA) Pty Ltd as the fund administrator. The firm's portfolio manager is Tim McArthur, who has extensive experience in financial markets, having been investing in smaller, ASX-listed companies for over two decades. The firm's investment philosophy is aligned with the goal of achieving asymmetry in returns, exposing investors to potential returns without commensurately exposing them to risk. This approach is encapsulated in the firm's motto: 'Identifying Asymmetric Opportunities.'

Investment Focus

• Management fee of 1% per annum
• Performance fee of 20% of outperformance above benchmark, subject to recovery of previous underperformance
• Distributions made annually
• Buy/sell spread of 0.3%