How we invest

We specialise in smaller Australian companies and seek to add value for investors through constructing portfolios of differentiated, under-the-radar, highly prospective nano, micro and small-cap equities.

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Our Funds

Within the Australian smaller companies universe we manage two funds. DMX Capital Partners Limited with a focus on sub-$100m companies, and DMX Australian Shares Fund which includes those same very small companies but operates with a broader mandate and can invest up the market capitalisation spectrum.

DMX Capital Partners Limited

Investment Objective

Dual objective to provide genuinely differentiated investment exposure to a difficult to access asset class, and generate strong absolute returns for investors over the medium to long term.

Strategic overview
  • Thematically diverse portfolio of (typically) 30-40 ASX-listed (and to a small degree, unlisted) smaller companies that have yet to be recognised by the market and therefore offer asymmetrical upside potential
  • Primarily focused on sub-$100m market capitalisation companies
  • Since inception in 2015, DMX Capital Partners has returned in excess of 20% pa post-fees, pre-tax. This has been achieved in ways that are often different from other funds or investments
Annualised return since inception
20.3% since April 2015
9.9%
1 year
27.4%
3 year
16.4%
5 year
Availability – Closed to New Investors

Unlisted public investment company structure. Closed to new investors but open to additional investment from existing investors

DMX Australian Shares Fund

Investment Objective

Dual objective to provide genuinely differentiated investment exposure to a difficult to access asset class, and generate strong absolute returns for investors over the medium to long term.

Strategic overview
  • Thematically diverse portfolio of (typically) 30-40 ASX-listed (and to a small degree, NZX-listed, or unlisted) smaller companies that have yet to be recognised by the market and therefore offer asymmetrical upside potential
  • Primarily focused on sub-$200m market capitalisation companies, but flexible to invest up the market capitalisation spectrum
  • Targeting 50%+ overlap with the highly successful DMX Capital Partners Limited portfolio
Annualised return since inception
11.5% since March 2021
10.5%
1 year
N/A
3 year
N/A
5 year
Availability – Open

Unit Trust structure, open to investment from Wholesale Investors only

Why invest with DMX

The DMX portfolios provide exposure to a unique selection of highly prospective, smaller companies that are often difficult to otherwise access and offer the potential for strong long term returns.

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  • CheckOur funds look to support and partner with aspirational, under-the-radar, emerging companies
  • CheckWe have a genuine focus on nano and micro-cap opportunities with asymmetrical return potential
  • CheckWith their unique compositions, our portfolios may perform quite differently through market cycles. This means they blend well with other assets investors may be exposed to
  • CheckAn opportunity to partner with a significantly aligned investment management team
  • CheckEnvironmental, Social and Governance considerations feature heavily in our analytical process
  • CheckComprehensive and transparent reporting. This provides detailed insight into what companies we own, and why we own them.