ARC Funds Limited · ASX:ARC
ARC Funds — Shareholder Meeting (October 2021)
23 slides from ARC Funds's shareholder meeting presentation, Oct 21, 2021
Slide 1: AGM Investor Presentation
AGM Investor Presentation OCTOBER 2021
Slide 2: Disclaimer
DISCLAIMER Disclaimer - Future performance and forward looking statements This announcement contains certain forward looking statements with respect to the financial condition, results of operations, projects and business of the Company and certain plans and objectives of the Company. Forward lookin
Slide 3: Our Vision and Strategy
OUR VISION AND STRATEGY To build a listed boutique funds management platform and investment company by investing in, supporting and partnering with the best fund managers across a range of asset classes and investment strategies. 3
Slide 4: Capital Structure
CAPITAL STRUCTURE 22nd July Harley Grosser ASX Code ARC appointed Managing Director Shares on issue 29,776,352 Options Nil 8th March 1st July Board Ownership: 44.3% Capital H Harley Grosser 12th August becomes substantial appointed First Manager Market Capitalisation: shareholder Non-Executive - Mer
Slide 5: Welcome to ARC Funds
WELCOME TO ARC FUNDS New strategy to build a listed funds management platform and investment company. We will do this by investing in, supporting and partnering with the best fund managers across a range of asset classes and investment strategies. What we do The Opportunity • Own 25-40% of the equit
Slide 6: ARC Funds Plan
ARC FUNDS PLAN Early Find and Success Develop Scale Up Support and Brand and and Repeat Talent Cashflows Reputation Process • Find and invest in the best talent in each • Our managers start to perform, • As our managers build a successful 3+ • Repeat the process, focusing now on asset class/investme
Slide 7: ARC Funds Structure
ARC FUNDS STRUCTURE 40% owned by ARC Any Mid Large Venture Asset Class/ Property Cap Fund Cap Fund Capital Fund Investment Fund Strategy that Manager Manager Manager Manager Meets ARC Criteria ARC will provide in-house and 3rd party services to our Managers ARC Funds Operations 7
Slide 8: Why Partner with ARC Funds?
WHY PARTNER WITH ARC FUNDS? • We know and understand the boutique funds management industry and the challenges that exist; • As an emerging platform ourselves, we have the ability and desire to be flexible and open minded in our approach to success; • We exist to ensure the success of our Managers –
Slide 9: First 100 Days – Progress to Date
FIRST 100 DAYS – PROGRESS TO DATE • Harley Grosser appointed Managing Director on 26th July 2021 • Implemented new strategy to become a multi-affiliate boutique funds management and investment company • Announced first manager in Merewether Capital Management, a small and microcap specialist funds m
Slide 10: Overview and Next Steps
OVERVIEW AND NEXT STEPS • New strategy to build a leading multi-affiliate boutique funds management and investment company with the rebrand to ARC Funds Ltd; • ARC is proud to partner with Merewether Capital as our first manager, with the Merewether Capital Inception Fund launching November; • Our i
Slide 11: Thank you for your time
Thank you for your time Any questions please refer to Harley Grosser MANAGING DIRECTOR [email protected] James Jackson CHAIRMAN [email protected]
Slide 12: Merewether Capital Inception Fund
Merewether Capital Inception Fund ARC AGM Presentation Luke Winchester - Founder and Portfolio Manager October 2021
Slide 13: Disclaimer
DISCLAIMER Merewether Capital Management Pty Ltd is a Corporate Authorised Representative (CAR No. 001292724) of SLM Corporate Pty Past performance Ltd (AFSL No. 224034) You should note that past performance, including past share price performance and pro forma historical information in Summary Info
Slide 14: Overview
OVERVIEW • Merewether Capital is an investment management company based in Newcastle. • Merewether Capital is in the process of launching the Inception Fund, a concentrated portfolio of ASX-listed micro and small cap equities. • Luke Winchester is the Founder of Merewether Capital and will be Portfo
Slide 15: Team
TEAM Luke Winchester (Founder and Portfolio Manager) Investing in ASX-listed micro and small caps for over a decade. Worked at Oracle Investment Management for last five years, most recently as the Portfolio Manager of their Emerging Companies strategy. Harley Grosser (Non-Executive Director) Chief
Slide 16: Values
VALUES We will aim for the Merewether Capital Inception Fund to be a top performing ASX-listed micro and small cap equities fund by focusing on four clear values: • Be hard working “The person that turns over the most rocks wins the game” Peter Lynch • Be intellectually honest “Everybody’s got a dif
Slide 17: Strategy
STRATEGY • The Inception Fund will be a concentrated portfolio of 10- 25 primarily ASX-listed micro and small cap stocks. • Ideal market cap range is companies from $20-200m. • High conviction strategy with portfolio weightings typically ranging between 5% to 15%. The mandate allows for a position t
Slide 18: Fund Details
FUND DETAILS Merewether Capital Inception Fund (“Fund”) is an Minimum Initial Investment: A$50,000 (unless waived at the Fund unregistered wholesale managed investment scheme Investment Manager’s discretion) structured as a unit Additional Investment: A$25,000 Trustee Evolution Trustees Limited, AFS
Slide 19: Luke's Portfolio Returns Since Inception
LUKE’S PORTFOLIO RETURNS SINCE INCEPTION • Luke’s personal account was managed in a way that is consistent with the strategy to be employed by the Merewether Capital Inception Fund • Returns are sourced from Interactive Brokers which was the platform used to manage the portfolio M e r e w e t h e r
Slide 20: XRF Scientific
XRF SCIENTIFIC • Manufacturer of lab equipment for the purity testing of metals and materials. • First parcel of shares purchased in March 2019 at 16 cents. • Investment ticked all boxes: • Management ownership – Founder remained on board with 7% shareholding and recently purchased on market. • Grow
Slide 21: XRF Strawman Thesis
XRF STRAWMAN THESIS M e r e w e t h e r C a p it a l 10
Slide 22: XRF Chart
XRF CHART M e r e w e t h e r C a p it a l 11
Slide 23: Contact
CONTACT Luke Winchester - Founder and Portfolio Manager [email protected] merewethercapital.com.au twitter.com/lukewinchester9