Post-Tax NTA1
$1.82
Portfolio Size1
$639m
ASX: VG1 | Listing Date: 28 September 2017
VG1 provides investors with access to a concentrated portfolio, predominantly comprised of long investments and short positions in global listed securities. It is actively managed by VGI Partners (a Regal Partners Limited business) with a focus on capital preservation. VG1 will typically invest in 10-25 long investments, of which 10-15 will be considered core. The top five long investments will usually represent between 40-50% of the portfolio’s NAV.
Dividend Policy
VG1 will seek to pay dividends on a six-monthly basis, with the payment amount being at least 4.5c per half-year period. The Board intends for future dividends to be franked to the fullest extent possible and seek to grow this level of dividend payment over time.
- Sign up for the Dividend Reinvestment Plan (DRP) at InvestorServe or complete the form here.
- More information can be found in the DRP Rules booklet.
1Share price is delayed by 20 minutes. Net Tangible Assets (NTA) per share and portfolio size as at 20 January 2023 (following US equity and currency market close). Weekly NTA Updates are available under ASX Releases.
Board
David F. Jones AM
Chairman
B.Eng. (1st Class Hons) (Melb.), MBA (Harvard)
David has more than 30 years’ experience in investment markets, the majority as a general partner in private equity firms, and prior to that in general management and management consulting. David has been a board member of numerous private and public businesses, including a number in the wealth management sector. David was a Managing Director at CHAMP Private Equity (2002-2011); Executive Director and Country Head of UBS Capital (1999-2002) and a Division Director at Macquarie Direct Investment (1994-1999). David commenced his career as a Business Analyst at McKinsey & Co. in 1987. He holds a Mechanical Engineering degree from the University of Melbourne (First Class Honours) and a Master of Business Administration from Harvard Business School.
David is a non-executive member of the investment committee of Aviron Investment Management and EMR Capital, Chairman of DTS Capital and a Board member of the Clean Energy Finance Corporation.
David is also a Non-Executive Director of Regal Partners Limited and a Director of Regal Asian Investments Limited (RG8).
Lawrence Myers
Independent Director
B.Acc (UniSA), CA, CTA
Lawrence is the Founder and Managing Director of MBP Advisory Pty Limited, a prominent, high-end Sydney firm of Chartered Accountants which he established in 1998. Mr Myers is also the CEO of FIFO Investments Pty Limited, the family office for the Myers family and a number of associated families. Mr Myers’ specialist areas of practice include mergers and acquisitions, corporate and business advisory, tax consulting and advisory, succession planning and family office services. He is also a member of the Foundation board of the Art Gallery of New South Wales. Mr Myers holds a Bachelor of Accountancy from the University of South Australia. He is a member of Chartered Accountants Australia and New Zealand, The Taxation Institute of Australia and the NTAA. Mr Myers is also a Registered Company Auditor and a Registered Tax Agent.
Lawrence has been a non-executive director and Chairman of the Audit and Risk Committee of ASX-listed Breville Group Limited since 2013 and has been its lead independent director since August 2014 and its Deputy Chairman since August 2021.
Lawrence is the Chairman of VG1’s Audit and Risk Committee and the Independent Chairman of Regal Asian Investments Limited (RG8).
Noel J. J. Whittaker AM
Independent Director
AM, FCPA, CTA
Noel is a pioneer in the field of consumer financial education. He writes weekly columns in many major newspapers including the Brisbane Sunday Mail, the Sydney Morning Herald and The Age. For 30 years, he was the Director of Whittaker Macnaught, one of Australia’s leading financial advisory companies, with more than two billion dollars under management. He relinquished all interests in that business in 2007. In 2011 he was made a Member of the Order of Australia for service to the community in raising awareness of personal finance. Noel is a Chartered Tax Adviser, a member of the Australian Securities and Investment Commission Regional Liaison committee and is currently an Adjunct Professor with the Faculty of Business at the Queensland University of Technology.
Adelaide McDonald
Independent Director
B.Com (Acc/Fin) (UQLD), B.BusMan (Econ) (UQLD), CFA
Adelaide has over 15 years’ experience in corporate advisory and equity research. She is currently a Non-Executive Director of XTEK Limited (ASX:XTE) as well as an Executive Director of MDH Pty Ltd, one of Australia’s largest integrated beef producers. In addition, she has held roles as a Director at KPMG in the Mergers and Acquisitions practice with previous roles at Wilson HTM and BDO Kendalls. Adelaide graduated from the University of Queensland with a Bachelor of Commerce, with majors in Accounting and Finance, and a Bachelor of Business Management, majoring in Business Economics. She has completed the CFA Program and has been awarded the CFA Charter. Ms McDonald is a member of VG1’s Audit and Risk Committee.
Ms McDonald is an Independent Director of Regal Asian Investments Limited (RG8).
Key Dates
| Date | Event | More Information |
|---|---|---|
| 28 Feb 2022 | 1H22 Results | See ASX Releases |
| 16 Mar 2022 | Interim Dividend Ex-date | 1H22 Dividend |
| 17 Mar 2022 | Interim Dividend Record Date | 1H22 Dividend |
| 18 Mar 2022 (5pm AEDT) | DRP Participation Deadline | 1H22 Dividend |
| 19 Apr 2022 | Interim Dividend Payable | 1H22 Dividend |
| 29 Apr 2022 | Portfolio Briefing - VG1 and VG8 | Briefing Invitation |
| 16 Aug 2022 | FY22 Results | See ASX Releases |
| 25 Aug 2022 | Final Dividend Ex-date | 2H22 Dividend |
| 26 Aug 2022 | Final Dividend Record Date | 2H22 Dividend |
| 29 Aug 2022 (5pm AEST) | DRP Participation Deadline | 2H22 Dividend |
| 28 Sep 2022 | Final Dividend Payable | 2H22 Dividend |
| 20 Oct 2022 | Investor Briefing - VG1 | Replay Here |
| 23 Nov 2022 (3pm AEDT) | Annual General Meeting | Notice of Meeting |
| 14 Feb 2023 | 1H23 Results | To Be Released |
Briefings and Insights
| Briefings | |||
|---|---|---|---|
| 20 Oct 2022 Portfolio Briefing |  |  |  |
| 29 Apr 2022 Portfolio Briefing | | | |
| 30 Mar 2022 Merger of VGI Partners and Regal | | | |
| 16 Nov 2021 Portfolio Briefing | | | |
| FY21 Results | | | |
| 14 May 2021 Portfolio Briefing | | | |
| 4 Feb 2021 Portfolio Briefing | | | |
| 16 Nov 2020 Portfolio Briefing | | | |
| 21 Oct 2020 Portfolio Briefing | | | |
| FY20 Results | | | |
| 1H20 Results | | | |
| Sep 2019 Roadshow Invitation | | ||
| FY19 Results | | | |
| May 2019 VG1 Raising / Roadshow | | | |
| 1H19 Results | | | |
| Oct 2018 VG1 Roadshow | | |
|
| FY18 Results | | | |
| 1H18 Results | | | |
AGMs
Monthly NTA Statements
| Date | Title |
|---|---|
| 12 Jan 2023 | Dec 2022 Monthly NTA Statement |
Weekly NTA data is available under ASX Releases.
| Date | Title |
|---|---|
| 14 Dec 2022 | Nov 2022 Monthly NTA Statement |
| 14 Nov 2022 | Oct 2022 Monthly NTA Statement |
| 14 Oct 2022 | Sep 2022 Monthly NTA Statement |
| 14 Sep 2022 | Aug 2022 Monthly NTA Statement |
| 12 Aug 2022 | Jul 2022 Monthly NTA Statement |
| 14 Jul 2022 | Jun 2022 Monthly NTA Statement |
| 14 Jun 2022 | May 2022 Monthly NTA Statement |
| 11 May 2022 | Apr 2022 Monthly NTA Statement |
| 12 Apr 2022 | Mar 2022 Monthly NTA Statement |
| 10 Mar 2022 | Feb 2022 Monthly NTA Statement |
| 10 Feb 2022 | Jan 2022 Monthly NTA Statement |
| 12 Jan 2022 | Dec 2021 Monthly NTA Statement |
Weekly NTA data is available under ASX Releases.
| Date | Title |
|---|---|
| 10 Nov 2021 | Nov 2021 Monthly NTA Statement |
| 8 Nov 2021 | Oct 2021 Monthly NTA Statement |
| 11 Oct 2021 | Sep 2021 Monthly NTA Statement |
| 9 Sep 2021 | Aug 2021 Monthly NTA Statement |
| 10 Aug 2021 | Jul 2021 Monthly NTA Statement |
| 12 Jul 2021 | Jun 2021 Monthly NTA Statement |
| 9 Jun 2021 | May 2021 Monthly NTA Statement |
| 12 May 2021 | Apr 2021 Monthly NTA Statement |
| 12 Apr 2021 | Mar 2021 Monthly NTA Statement |
| 9 Mar 2021 | Feb 2021 Monthly NTA Statement |
| 8 Feb 2021 | Jan 2021 Monthly NTA Statement |
| 12 Jan 2021 | Dec 2020 Monthly NTA Statement |
Weekly NTA data is available under ASX Releases.
| Date | Title |
|---|---|
| 8 Dec 2020 | Nov 2020 Monthly NTA Statement |
| 9 Nov 2020 | Oct 2020 Monthly NTA Statement |
| 8 Oct 2020 | Sep 2020 Monthly NTA Statement |
| 9 Sep 2020 | Aug 2020 Monthly NTA Statement |
| 10 Aug 2020 | Jul 2020 Monthly NTA Statement |
| 13 Jul 2020 | Jun 2020 Monthly NTA Statement |
| 9 Jun 2020 | May 2020 Monthly NTA Statement |
| 8 May 2020 | Apr 2020 Monthly NTA Statement |
| 9 Apr 2020 | Mar 2020 Monthly NTA Statement |
| 10 Mar 2020 | Feb 2020 Monthly NTA Statement |
| 7 Feb 2020 | Jan 2020 Monthly NTA Statement |
| 10 Jan 2020 | Dec 2019 Monthly NTA Statement |
Weekly NTA data is available under ASX Releases.
| Date | Title |
|---|---|
| 6 Dec 2019 | Nov 2019 Monthly NTA Statement |
| 7 Nov 2019 | Oct 2019 Monthly NTA Statement |
| 9 Oct 2019 | Sep 2019 Monthly NTA Statement |
| 6 Sep 2019 | Aug 2019 Monthly NTA Statement |
| 7 Aug 2019 | Jul 2019 Monthly NTA Statement |
| 9 Jul 2019 | Jun 2019 Monthly NTA Statement |
| 6 Jun 2019 | May 2019 Monthly NTA Statement |
| 7 May 2019 | Apr 2019 Monthly NTA Statement |
| 5 Apr 2019 | Mar 2019 Monthly NTA Statement |
| 7 Mar 2019 | Feb 2019 Monthly NTA Statement |
| 7 Feb 2019 | Jan 2019 Monthly NTA Statement |
| 9 Jan 2019 | Dec 2018 Monthly NTA Statement |
Weekly NTA data is available under ASX Releases.
| Date | Title |
|---|---|
| 7 Dec 2018 | Nov 2018 Monthly NTA Statement |
| 7 Nov 2018 | Oct 2018 Monthly NTA Statement |
| 8 Oct 2018 | Sep 2018 Monthly NTA Statement |
| 7 Sep 2018 | Aug 2018 Monthly NTA Statement |
| 7 Aug 2018 | Jul 2018 Monthly NTA Statement |
| 6 Jul 2018 | Jun 2018 Monthly NTA Statement |
| 7 Jun 2018 | May 2018 Monthly NTA Statement |
| 7 May 2018 | April 2018 Monthly NTA Statement |
| 9 Apr 2018 | Mar 2018 Monthly NTA Statement |
| 7 Mar 2018 | Feb 2018 Monthly NTA Statement |
| 7 Feb 2018 | Jan 2018 Monthly NTA Statement |
| 9 Jan 2018 | Dec 2017 Monthly NTA Statement |
| Date | Title |
|---|---|
| 7 Dec 2017 | Nov 2017 Monthly NTA Statement |
| 7 Nov 2017 | Oct 2017 Monthly NTA Statement |
| 9 Oct 2017 | Sep 2017 Monthly NTA Statement |
Investor Letters
| Date | Title |
|---|---|
| 26 Jul 2022 | VG1 Investor Letter - Year to June 2022 |
| 28 Jan 2022 | VG1 Investor Letter - Year to December 2021 |
| 19 Jul 2021 | VG1 Investor Letter - Year to June 2021 |
| 21 Jan 2021 | VG1 Investor Letter - Year to December 2020 |
| 15 Jul 2020 | VG1 Investor Letter - Year to June 2020 |
| 8 May 2020 | VG1 Investor Letter - Four Months to April 2020 |
| 29 Jan 2020 | VG1 Investor Letter - Year to December 2019 |
| 30 Jul 2019 | VG1 Investor Letter - Year to June 2019 |
| 29 Jan 2019 | VG1 Investor Letter - Year to December 2018 |
| 27 Jul 2018 | VG1 Investor Letter - Period to June 2018 |
| 29 Jan 2018 | VG1 Investor Letter - Period to December 2017 |
ASX Releases
| Date | Title |
|---|---|
| 27 Jan 2023 | Daily Share Buy-back Notice |
| 25 Jan 2023 | Daily Share Buy-back Notice |
| 24 Jan 2023 | Daily Share Buy-back Notice |
| 23 Jan 2023 | Weekly NTA Update |
| 23 Jan 2023 | Daily Share Buy-back Notice |
| 20 Jan 2023 | Daily Share Buy-back Notice |
| 19 Jan 2023 | Daily Share Buy-back Notice |
| 18 Jan 2023 | Daily Share Buy-back Notice |
| 17 Jan 2023 | Daily Share Buy-back Notice |
| 16 Jan 2023 | Weekly NTA Update |
| 16 Jan 2023 | Daily Share Buy-back Notice |
| 13 Jan 2023 | Daily Share Buy-back Notice |
| 12 Jan 2023 | December 2022 Monthly NTA Statement |
| 12 Jan 2023 | Daily Share Buy-back Notice |
| 11 Jan 2023 | Daily Share Buy-back Notice |
| 10 Jan 2023 | Daily Share Buy-back Notice |
| 9 Jan 2023 | Weekly NTA Update |
| 9 Jan 2023 | Daily Share Buy-back Notice |
| 6 Jan 2023 | Daily Share Buy-back Notice |
| 5 Jan 2023 | Notification of cessation of securities - VG1 |
| 5 Jan 2023 | Daily Share Buy-back Notice |
| 4 Jan 2023 | Daily Share Buy-back Notice |
| 3 Jan 2023 | Daily Share Buy-back Notice |
| 3 Jan 2023 | Weekly NTA Update |
Dividends
Dividend Policy: VG1 will seek to pay dividends on a six-monthly basis, with the payment amount being at least 4.5c per half-year period. The Board intends for future dividends to be franked to the fullest extent possible and seek to grow this level of dividend payment over time.
| Payment Date | Dividend per Share (A$) | Australian Franking | DRP Price (A$) | More Information |
|---|---|---|---|---|
| 28 Sep 2022 | $0.045 | c.73% @ 30% | 1.43996 | 2H22 Dividend |
| 19 Apr 2022 | $0.045 | Fully @ 30% | 1.77342 | 1H22 Dividend |
| 29 Sep 2021 | $0.055 | Fully @ 30% | 2.14906 | 2H21 Dividend |
| 17 Mar 2021 | $0.015 | Fully @ 30% | 2.17950 | 1H21 Dividend |
| 23 Sep 2020 | $0.015 | Fully @ 30% | 1.872605 | 2H20 Dividend |
| 3 Apr 2020 | $0.010 | Fully @ 30% | 2.06420 | 1H20 Dividend |
The dividends above are historical. No guarantee can be given about future dividends or the level of franking of such dividends (if any).
VG1 Dividend Reinvestment Plan (DRP): Enrolment in the Plan is voluntary and the Plan rules are available here. All shareholders of VG1 with an Australian or New Zealand address on VG1’s register are eligible to participate in the DRP. Eligible shareholders may elect full or partial participation in the DRP, subject to a minimum participation level of at least 2,000 VG1 shares. If you would like to participate you may submit your election online via InvestorServe (Payment Instructions > Reinvestments & Donations). Alternatively, please download the PDF of the Form (available here) and return to VG1’s registry by email (enquiries@boardroomlimited.com.au) or post.
Other VG1 Resources
Note to Shareholders Regarding Communications
As a result of the Corporations Amendment (Meetings and Documents) Act 2022, we will be sending you shareholder communications (including notices of meetings, other meeting-related documents and annual financial reports) (“Communications”) electronically where you have provided us with an email address, unless you have specifically elected or requested otherwise.
You have the right to elect whether to receive some or all of these Communications in electronic or physical form and the right to elect not to receive annual financial reports at all. You also have the right to elect to receive a single specified Communication on an ad hoc basis, in an electronic or physical form.
For more information or to update your communication preferences, please email the share registry, Boardroom Pty Limited, or VGI Partners Investor Relations or update online at InvestorServe. Alternatively, please see our “Contact Us” page for other ways to get in touch.
