Australian Equities
Australia Small Cap Income
The TAMIM Australia Small Cap Income Fund is designed to invest in strong Australian businesses with both value and growth characteristics. Our portfolio focuses on cash-generating companies that provide regular dividend payments.
+11.50% p.a
Annualised Return Since Inception (net of fees) as at 31 May 2025
+101.01%
Total Return Since Inception (net of fees) as at 31 May 2025
$1.7462
NAV Unit Price as at
31 May 2025
Jan 2019
APIR Code:
About the Fund
Outperforming the Small Cap Index with a Focus on Dividends
Our goal is to outperform the reference index over rolling 5-year periods. The equity portfolio is constructed with a concentrated mix of dividend-paying companies exhibiting both value and growth characteristics. We identify segments and sectors offering the best risk-adjusted returns, employing a disciplined approach to portfolio and risk management.
ASX Small Cap investment strategy by Ron Shamgar
- Benefit from the TVG Capital investment process.
- Flexible Small Cap investment mandate.
- Long-term and risk-averse approach.
- Concentrated portfolio of high-quality companies for long-term protection and superior upside potential.
- Offers semi-annual distributions from portfolio dividends.
All investments carry risk.
While we cannot address every potential risk, comprehensive details are available in relevant information memorandums and additional information booklets.
Portfolio Manager: Ron Shamgar
Ron Shamgar has successfully managed TAMIM’s Australian equity portfolios for over five years, establishing himself as a top-performing fund manager. With over 20 years of active investing on the ASX, Ron’s passion for value investing and systematic approach to evaluating businesses shines through.
Fund Performance
Reports & Factsheet
Reports
| Monthly Report | |
|
|
January 2025 Factsheet
Discover further details about the fund's investment strategy, the investment team, and the investment process.
Investment Process
Resources
Fund Facts
Investment Parameters
| Management Style: | Active |
| Investments: | Australian Equities |
| Investment Universe: | Australian Small Cap |
| Reference Index: | ASX Small Ords |
| Number of Securities: | 20-40 (10-20 Value, 10-20 Growth) |
| Single Security Limit: | +/-5% |
| Market Capitalisation: | Small Cap |
| Leverage: | No |
| Portfolio Turnover: | <50% p.a. |
| Cash Level (typical): | 0-100% (0-50%) |
Fund Profile
| Investment Structure: | Unlisted Unit Trust (available to wholesale investors) |
| Minimum Investment: | $100,000 |
| Management Fee: | 1.25% p.a. |
| Admin & Expense Recovery: | Up to 0.35% |
| Performance Fee: | 20% of performance in excess of hurdle |
| Hurdle: | Greater of: RBA Cash Rate + 2.50% or 4% |
| Entry/Exit Fee: | Nil |
| Buy/Sell Spread: | +0.25% / -0.25% |
| Distributions: | Semi-annual |
| Applications/Redemptions: | Monthly |
| Redemptions: | Monthly with 30 days' notice |
| Investment Horizon: | 3 - 5 years + |
Investor Profile
1.
2.
3.
Latest Insights
AI, Infrastructure, and the Next Investment Frontier: Insights from Sundar Pichai’s Vision
Introduction: Investing at the Intersection of Intelligence and Infrastructure At TAMIM, we spend a lot of time thinking about where the world is headed and how capital should follow. When a CEO like Sundar Pichai speaks, we listen. Not for the...
Brains, Brawn and Bandwidth: Three Unseen Giants Behind the Global Rebuild
Investing in the Backbone of the New Economy As the world rushes headlong into the age of artificial intelligence, electrification, and digital dependency, much of the investor focus remains fixed on the front-end winners: AI models, chip...
The Intelligence Infrastructure Revolution: Inside Jensen Huang’s Vision for AI and Nvidia
If you’re still thinking of AI as a nifty assistant or a threat to white-collar jobs, Jensen Huang wants to change your perspective, dramatically. In a captivating conversation at the Milken Institute, the Nvidia founder and CEO laid out an...
Global Energy Infrastructure – Investing Wisely into an Uncertain Transition
Embracing Uncertainty with Smart Allocations Global energy markets today sit at the intersection of volatility, policy shifts, and long-term transformation. From the unpredictability of fossil fuel supply to the growing (but not unchallenged) role...
Lessons from Ken Griffin: What Investors Can Learn from the Billionaire Behind Citadel
From Harvard Dorm Room to Wall Street Legend Few investors have shaped modern markets quite like Ken Griffin. From installing a satellite dish on the roof of his Harvard dorm to building Citadel into the most profitable hedge fund in history,...
Pioneer Credit (ASX: PNC): A Hidden Gem with Turnaround Potential on the ASX
A Forgotten Small Cap, Poised for Re-Rating In the underfollowed world of ASX small caps, it’s rare to find a stock that combines deeply discounted valuation, tangible earnings visibility, and the potential for outsized upside. Pioneer Credit (ASX:...
Invest via TAMIM Fund
Invest via IMA
The TAMIM Australia Small Cap strategy is available as an Individually Managed Account (IMA). Please see the Strategy Summary for terms or request Investment Documentation via form.