We are experienced investment professionals who are experts in our fields and passionate about what we do. For us, investing is not a mere job, it is who we are.
Salt Funds Management
Salt Funds Management is an active manager. Our investment philosophy centers on the belief that the New Zealand and Australian share markets have peculiar characteristics that lead to market inefficiencies that can be exploited over time to deliver superior risk-adjusted returns.
We are a core investor with no intended style bias to either “growth” or “value” and look to invest in companies with strong management, which operate within sound industry structures and generate superior shareholder returns. Our investment process demands both robust balance sheets and the current ability or potential to generate above average free cash-flow.
We take an active approach to corporate governance and tend to avoid companies that exhibit poor governance unless they have favourable valuation and franchise characteristics that we believe are hamstrung by poor management or governance. In these cases we do not hesitate to pursue positive change and have a track record of considerable success in this regard.
We specialise solely in managing NZ/Australian listed equity and property mandates and will continue with the time-tested active investment philosophy of seeking to invest in companies with strong management, which operate within sound industry structures and generate superior shareholder returns.
Salt is responsible for funds under management of approximately $1.7 billion.
Our Investment Team
Salt Funds Management is a boutique investment management firm founded in May 2013 by a seasoned team of investment professionals.
Salt Funds Management is wholly owned by its investment personnel, who are highly motivated to continue to extend their long term track record in delivering strong outcomes for investors.
Senior team members all have more than 20 years of investment experience in both domestic and global markets over many different market cycles.
Product Disclosure Statement
Please note that the Salt Investment Funds replacement Product Disclosure Statement (PDS) replaces our previous PDS and that all new applications must be made using the PDS dated 10 February 2017. The new PDS is available here.
Salt Investment Options
Salt Funds Management’s Investment Strategies include:
SALT CORE NZ EQUITIES FUND
Salt's Core equities strategy targets a diversified portfolio of actively managed New Zealand and Australian shares with a focus on companies with strong management operating within sound industry structures and exhibiting robust balance sheets and current ability or potential to generate above average free cash-flow. This fund is available to wholesale clients only.
SALT LONG SHORT FUND
The Salt Long Short fund aims to deliver positive absolute returns in all market environments. In addition to holding or being "long" New Zealand and Australian securities, the Fund may short sell securities, hold cash, lever its assets, and utilise active currency strategies to generate returns.
Salt NZ Dividend Appreciation Fund
A portfolio of shares of New Zealand companies that may in our opinion pay high and sustainable dividends.The strategy is not intended to naively generate the highest possible yield - sustainability is a key criterion.
Salt enhanced Property Fund
A portfolio of shares of New Zealand and Australian property trusts, companies and other property related securities with exposure to commercial, residential, retail, tourism, industrial and rural property sectors. The Fund may also short sell securities, hold cash, lever its assets, and utilise active currency strategies to generate returns.