Post-Tax NTA1
$2.69
Portfolio Size1
$1.0bn
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 (the Manager) 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 Yield Target of 4% p.a.
VG1 intends to target a fully franked dividend yield of 4% per annum commencing at the FY21 result in August. Read the announcement here.
- 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 23 July 2021 (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)
Mr Jones has over thirty 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. Mr Jones has been a board member of numerous private and public businesses, including a number in the wealth management sector. Mr Jones 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). Mr Jones 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. In 2021 he was made a Member of the Order of Australia for significant service to the museums and galleries sector, and to the community. Mr Jones is Chair of the National Museum of Australia, a non-executive member of the investment committee of EMR Capital Pty Ltd, Chairman of DTS Capital Partners Pty Ltd and an adviser to Aviron Investment Management Pty Ltd.
Mr Jones is an Executive Director of VGI Partners Limited and a Director of VGI Partners Asian Investments (VG8).
Robert M. P. Luciano
Director
B.Com (Acc/Fin) (UNSW), M.Com (Fin) (UNSW), F.Fin, CFA
Mr. Luciano has over twenty five years’ experience gained as a portfolio manager, equities analyst and accountant. Prior to founding VGI Partners in 2008, Mr. Luciano spent five years as an Executive Director and Investment Manager with Caledonia Investments in Sydney and has also held positions as a Portfolio Manager at Allianz Equity Management and an equities analyst at BNP Paribas (formerly Prudential-Bache Securities Australia).
Mr. Luciano commenced his career as an accountant with BDO Nelson Parkhill in 1993. Mr. Luciano graduated from the University of New South Wales, with a Bachelor of Commerce, majoring in Accounting & Finance and later completed a Masters of Commerce, majoring in Advanced Finance. He is a Fellow of the Financial Services Institute of Australasia. Mr. Luciano has completed the Chartered Financial Analyst (CFA) Program and has been awarded the CFA Charter.
Mr Luciano is the Executive Chairman of VGI Partners Limited and a Director of VGI Partners Asian Investments Limited (VG8).
Lawrence Myers
Independent Director
B.Acc (UniSA), CA, CTA
Mr Myers is the founder and managing director of MBP Advisory Pty Limited, a Sydney firm of Chartered Accountants which he established in 1998. His client base spans a broad range of industries and activities, and he specialises in advising very high net worth individuals and families, their businesses and commercial endeavours. This portfolio includes some of Australia’s largest private and public companies. Mr Myers’ specialist areas of practice include Mergers and Acquisitions, Corporate and Business advisory, Tax Consulting and Advisory, Succession Planning and Family Office services. 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.
Mr Myers 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.
Mr Myers is the Chairman of VG1’s Audit and Risk Committee and the Independent Chairman of VGI Partners Asian Investments Limited (VG8).
Noel J. J. Whittaker AM
Independent Director
AM, FCPA, CTA
Mr Whittaker 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. Mr Whittaker also broadcasts regularly on ABC radio. For 30 years, Mr Whittaker was the Director of Whittaker Macnaught, one of Australia’s leading financial advisory companies, with more than two billion dollars under management. In 2011 he was made a Member of the Order of Australia for service to the community in raising awareness of personal finance. Mr Whittaker 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
Ms McDonald has over 10 years’ experience in corporate advisory and equity research. Most recently she was an Associate Director at KPMG in the Mergers and Acquisitions practice with previous roles at Wilson HTM and BDO Kendalls. Ms McDonald 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. Ms McDonald 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 VGI Partners Asian Investments Limited (VG8) and an Executive Director of MDH Pty Ltd.
Key Dates
| Date | Event | More Information |
|---|---|---|
| 18 Aug 2020 | FY20 Results and Briefing | Briefing Invitation |
| 24 Aug 2020 | Final Dividend Ex-date | 2H20 Dividend |
| 25 Aug 2020 | Final Dividend Record Date | 2H20 Dividend |
| 26 Aug 2020 (5pm AEST) | DRP Participation Deadline | 2H20 Dividend |
| 23 Sep 2020 | Final Dividend Payable | 2H20 Dividend |
| 21 Oct 2020 | Investor Briefing - VG1 and VG8 | Briefing Invitation |
| 16 Nov 2020 (10am AEDT) | Portfolio Manager's Presentation | Briefing Invitation |
| 16 Nov 2020 (2pm AEDT) | Annual General Meeting | Notice of Meeting |
| 2 Feb 2021 | 1H21 Results | See ASX Releases |
| 4 Feb 2021 | Investor Briefing - VG1 and VG8 | Briefing Invitation |
| 11 Feb 2021 | Interim Dividend Ex-date | 1H21 Dividend |
| 12 Feb 2021 | Interim Dividend Record Date | 1H21 Dividend |
| 15 Feb 2021 (5pm AEDT) | DRP Participation Deadline | 1H21 Dividend |
| 17 Mar 2021 | Interim Dividend Payable | 1H21 Dividend |
| 14 May 2021 | Investor Briefing - VG1 and VG8 | Briefing Invitation |
Briefings and Insights
| Briefings | |||
|---|---|---|---|
| 14 May 2021 Portfolio Briefing |  |  |  |
| 4 Feb 2021 Portfolio Briefing | | | |
| FY20 AGM | | | |
| 16 Nov 2020 Portfolio Briefing | | | |
| 21 Oct 2020 Portfolio Briefing | | | |
| FY20 Results | | | |
| 1H20 Results | | | |
| FY19 AGM | | | |
| Sep 2019 Roadshow Invitation | | ||
| FY19 Results | | | |
| May 2019 VG1 Raising / Roadshow | | | |
| 1H19 Results | | | |
| FY18 AGM | | | |
| Oct 2018 VG1 Roadshow | | |
|
| FY18 Results | | | |
| 1H18 Results | | | |
AGMs
Monthly NTA Statements
| Date | Title |
|---|---|
| 12 July 2021 | June 2021 Monthly NTA Statement |
| 9 June 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 |
ASX Releases
Dividends
Dividend Policy: VG1 intends to target a dividend yield of 4% per annum calculated by reference to the VG1 share price from time to time and be fully franked, commencing from the 30 June 2021 dividend payable in September 2021. Dividends are paid on a six-monthly basis.
| Payment Date | Dividend per Share (A$) | Australian Franking | DRP Price (A$) | More Information |
|---|---|---|---|---|
| 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 | $0.01 | 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.
