Abakkus All Cap Portfolio

Alpha Generators:

• Believe in investing to generate alpha over the markets rather than simply allocating to benchmark indexes.

• Companies with a scalable business model and the potential to grow to become large-cap. Companies whose profits are expected to grow faster than the market average.
• To trigger fundamentally undervalued stocks with decent growth expectations.

Fundamentals Driven:

• Bottom-up research with an emphasis on the balance sheet.
• Earnings ultimately determine returns. Numbers speak louder than speeches and hype.

Happy to be contrarian:

• Prefer to be the first, early, and/or only investor.
• Do not follow the momentum.
• Open to considering companies from various industries, market capitalizations, and business cycles.

The investment objective of the Abakkus All Cap Approach would be to generate alpha and risk-adjusted returns for clients by investing in a benchmark agnostic multi-cap portfolio.

Management Timing Structural

Quality – Capability and track record

Capital Allocation –Capital Expenditure is fine if ROE is maintained or enhanced

Capital Distribution –fair to minority shareholders

Error in decision –Business errors vs intentional mishaps

Earnings

• Quality of earnings vs reported numbers
• Actual earnings vs expected
• Cyclical vs Structural earnings
• Companies that can double profits in 4
• years or less or where EV/EBITDA can have in four years

Events/Trends

• Stock movement because of events.
• Can be Buy or Sell opportunity Events on the horizon
• Disruptive trends/New themes

Timing – Good Company is not necessarily a good investment if the price is not right

What is the price discounting time frame of investment Mean Reversion

Structural

• Size of the opportunity
• Competitive
• positioning / MOAT
• Consistent growth in profits

FEE STRUCTURE Fee Type* Fixed Management Fees Performance Fees Fixed Option 2.50% p.a. Nil Fixed or Variable Option 1.75% p.a. 15% sharing over 9% hurdle rate (Annual with high watermark)

The Strategy focuses on an all-cap, diversified portfolio that is independent of benchmarks and supported by solid fundamentals. Fundamentals were selected via a bottom-up methodology. The foundation of our big size allocation approach The top-down sector approach is the foundation of the large-cap allocation method, which emphasizes stability. Exposure to larger market corporations with enduring operations and strong ROEs produces alpha. We acquire with an average holding time of 3-5 years in an effort to create alpha and wealth. Our “MEETS” Framework is adhered to by our diverse portfolio.

Experience

Backed by a highly-skilled, committed team of specialists with a combined experience of around 200 years

Performance

A long history of success in public equity funds spanning two decades, through all market cycles

Commitment

Adopt a start-up culture with a high level of devotion, urgency, and enthusiasm.

Positioning

Focused Alpha investment goes beyond the enormous number of public businesses and is backed by independent, internal research and opinions.

Opportunistic

greater freedom when investing in new industries and topics that an economy driven by entrepreneurs support

Consistent

Throughout the market cycle, the investment team has consistently produced.

Their strategy focuses on a benchmark-agnostic, diversified all-cap portfolio with solid fundamentals. Fundamentals are chosen from the ground up. Their large capital allocation strategy is founded on the strategy for large-cap allocation is based on a top-down sector view with a focal point on stability.
Alpha is generated by investing in broader market corporates with long-term prospects and high ROEs. Their distinct portfolio follows our “MEETS” Framework. Abakkus PMS try to aim to generate alpha and wealth creation by purchasing for a 3-5 year holding period.