Zenith initiates coverage of the Langdon Global Small Caps strategy with ‘Recommended’ Rating

Following a one-year track-record milestone in which The Langdon Global Smaller Companies Fund delivered 22.3% net of fees and taxes (outperforming its benchmark, the MSCI World Small Cap Index, by 9.9%), the strategy has received a ‘Recommended’ rating from Zenith Investment Partners.

It is the inaugural rating of the strategy by the leading Australian research house.

Langdon Equity Partners Founder and Lead Investor, Greg Dean, commented:

“On behalf of our team, I would like to thank Zenith for their thorough and skilled research and ultimately their overarching confidence in our Global Small Caps strategy.”

“This rating underscores the important role an allocation to a portfolio of high-quality cash generative small companies can play in investment portfolios and is a testament to our team which has been working hard to deliver the outcomes our clients expect since we launched.”

The strength of the Langdon investment team was noted in the Zenith Report.

“Zenith holds a strong opinion of (Greg) Dean, who we believe is a highly capable investor with a strong long-term investment track record. In addition, the majority of the team previously worked with each other, which we view positively as it ensures continuity of investment philosophy and process, as well as strong cultural cohesion.

“Furthermore, Zenith holds a favourable view of Langdon’s arrangement with Pinnacle (Pinnacle Investment Management Group) as we believe it provides business stability and allows the investment team to focus on research and portfolio management efforts.”

The Langdon Global Smaller Companies Fund is a concentrated, high conviction portfolio of 25-40 companies. The team seeks to invest in high-quality fundamentally undervalued cash generative smaller companies, run by talented and long-term oriented teams.

The Fund aims to outperform the MSCI World Small Cap Index over the long term.

Langdon Equity Partners is a specialist global small cap fund manager, based in Toronto, Canada. The boutique was launched in 2021, in partnership with Pinnacle Investment Management Group.

More information: Langdon Global Smaller Companies Fund

If you’d like to view Zenith Investment Partners’ research report, email distribution@pinnacleinvestment.com

Langdon Global Smaller Companies Fund Platform Availability: AMP North, BT Panorama, HUB24, Macquarie Wrap, Netwealth, Powerwrap, Praemium

APIR: WHT7072AU

Disclaimer:

This communication is prepared by Langdon Equity Partners Ltd (Langdon). The information is not intended for general distribution or publication and must be retained in a confidential manner. Information contained herein consists of confidential proprietary information constituting the sole property of Langdon and its investment activities; its use is restricted accordingly. All such information should be maintained in a strictly confidential manner.
Content in respect of the Langdon Smaller Companies Fund (ARSN 657 901 614 (the Fund) is issued by Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 238 371 (‘PFSL’) as responsible entity of the Fund. PFSL is not licensed to provide financial product advice. It contains general information only. It is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice before doing so.
The Product Disclosure Statement (‘PDS’) and Target Market Determination (‘TMD’) of the Fund are available via the links below. Any potential investor should consider the PDS and TMD before deciding whether to acquire, or continue to hold units in, the Fund.
Link to the Product Disclosure Statement: here
Link to the Target Market Determination: here
For historic TMD’s please contact Pinnacle Client Service Phone 1300 010 311 or Email service@pinnacleinvestment.com
Past performance is for illustrative purposes only and is not indicative of future performance.
While Langdon Equity Partners Limited (‘Langdon’) and PFSL believe the information contained in this communication is reliable, no warranty is given as to its accuracy, reliability or completeness and persons relying on this information do so at their own risk. Subject to any liability which cannot be excluded under the relevant laws, Langdon and PFSL disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. This disclaimer extends to any entity that may distribute this communication.

Zenith Investment Partners Disclaimer

The Zenith Investment Partners (ABN 27​ 103​ 132​ 672​, AFS Licence 226​872) (“Zenith”) rating (WHT7072AU assigned August, 2023) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenithwebsite. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.