Leading Australian equities specialists OC Funds Management (OC) has officially launched its first Australian Equity Mid-Cap Fund. The OC Mid-Cap Fund (the Fund) was created to meet strong client demand and complement OC’s suite of small and micro-cap strategies. The Fund has been managed by the OC team as a wholesale trust for the past 12 months and has returned investors 21.3% over that time horizon, which is ahead of the S&P/ASX Mid-Cap Index which has returned 18.9%.
The Fund is a long-only Australian equity strategy focused on high-quality, well-managed mid-cap stocks. Leveraging OC’s experience within the Australian small and micro equities sector, the Fund offers investors access to a segment that has produced superior investment returns over the past two decades.
MLC Asset Management has recently appointed OC Funds Management to manage over $500 million in the OC Mid-Cap, utilising the team’s strong investment capabilities. The Fund’s holdings over time are expected to include exposure to high quality companies like the CAR Group, REA Group, Fisher & Paykel Healthcare which were long-term holdings in OC’s small-cap strategies. These remain quality companies and have since graduated to the mid-cap investment universe.
OC has an outstanding track record in Australian small-cap and micro-cap equities investing, with a history of strong alpha generation for clients. OC has previously owned 42 of the 50 stocks currently in the ASX Mid-Cap Index in its Small and Micro-cap Funds and has a comprehensive knowledge of these company’s business models and growth strategies.
Experienced mid-cap investment specialist Nga Lucas has joined OC as a Portfolio Manager on the strategy and will work along-side the existing investment team on the Fund. Nga joined in May 2024 and brings over two decades of experience in Australian equities, including a decade on the buy side at Australian Foundation Investment Company (AFIC).
Lucas said, “We are pleased to bring this strategy to the market to meet the evolving needs of our investors. The OC Mid-Cap Fund aims to capitalise on the growth potential of mid-sized companies, offering investors a diversified portfolio tailored to capture opportunities in this dynamic segment of the market.”
Head of Investments at OC Funds Management, Robert Frost, added, “A mid-cap strategy is a natural extension of our investment universe at OC, and we have seen significant early interest from our broader client base. The ASX Mid-Cap Index has performed strongly over the past two decades and we believe this presents a compelling opportunity to leverage our relevant experience and excellent long-term investment track record to deliver superior returns for investors.”
The Mid-Cap Fund’s investment philosophy mirrors that of the Small and Micro-Cap Funds, which have an established retail brand and trusted reputation. The same investment process will be applied and the Fund will be managed by the same high-performing investment team.
The Fund has received a Highly Recommended rating from Lonsec and Recommended rating from Zenith. This new strategy joins OC’s existing product lineup – OC Premium Small Companies Fund, OC Dynamic Equity Fund and the OC Micro-Cap Fund.
Disclaimer:
This information has been prepared by Copia Investment Partners Limited (AFSL 229316, ABN 22 092 872 056) the issuer, distributor and responsible entity of the OC Premium Small Companies Fund, the OC Dynamic Equity Fund, OC Micro-Cap Fund and OC Mid-Cap Fund. This document provides information to help investors and their advisers assess the merits of investing in financial products. We strongly advise investors and their advisers to read information memoranda and product disclosure statements carefully and seek advice from qualified professionals where necessary. The information in this document does not constitute personal advice and does not take into account your personal objectives, financial situation or needs. It is therefore important that if you are considering investing in any financial products and services referred to in this document, you determine whether the relevant investment is suitable for your objectives, financial situation or needs. You should also consider seeking independent advice, particularly on taxation, retirement planning and investment risk tolerance from a suitably qualified professional before making an investment decision. Neither Copia Investment Partners Limited, nor any of our associates, guarantee or underwrite the success of any investments, the achievement of investment objectives, the payment of particular rates of return on investments or the repayment of capital. Copia Investment Partners Limited publishes information on the document that is, to the best of its knowledge, current at the time and Copia is not liable for any direct or indirect losses attributable to omissions from the document, information being out of date, inaccurate, incomplete or deficient in any other way. Investors and their advisers should make their own enquiries before making investment decisions.
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