SG Hiscock & Company

As a multi-award-winning boutique fund manager, SG Hiscock has a proven record of providing exceptional service and unrivalled insights to our clients.

OUR PROCESS

We believe in buying great companies at good prices. We are firm believers in co-investment, demonstrated by our significant investment in our own funds. Our confidence in our investment approach means we always seed new funds with our own money. We have made the decision to cap our Funds Under Management at modest levels, to ensure that the funds retain greater flexibility to generate strong investment returns across varying market conditions. In order to identify the best opportunities for our clients, we undertake a broad fundamental research program which incorporates an extensive company visitation schedule. With an experienced team of investment professionals, our approach to analysing companies is designed to ensure no stone remains unturned.

We engage with a hand-picked team of external research providers to complement our insights in the macroeconomic landscape (both locally and abroad) and general investment trends. We also have an exclusive joint advisory arrangement with one of the world’s largest commercial real estate investors; LaSalle Investment Management Securities, LLC is a subsidiary of global property giant, Jones Lang LaSalle. This provides our property team access to LaSalle’s research capabilities.

OUR ENVIRONMENTAL, SOCIAL AND GOVERNANCE POLICY

SG Hiscock & Company has a formal board-endorsed environmental, social and governance (ESG) policy. This incorporates the key principles of the Australian Council of Superannuation Investors, as well as the framework provided under the United Nations’ Principles for Responsible Investment. SG Hiscock & Company is a responsible investor and we take an active approach to integrating ESG considerations into our investment decision-making process. We believe that the effective governance and management of business risks has a direct impact on a company’s intrinsic value over the long term and helps to reduce investment risk. In order to identify the best opportunities for our clients, we undertake a broad fundamental research program which incorporates an extensive company visitation schedule. With an experienced team of investment professionals, our approach to analysing companies is designed to ensure no stone remains unturned.

We engage with a hand-picked team of external research providers to complement our insights in the macroeconomic landscape (both locally and abroad) and general investment trends. We also have an exclusive joint advisory arrangement with one of the world’s largest commercial real estate investors; LaSalle Investment Management Securities, LLC is a subsidiary of global property giant, Jones Lang LaSalle. This provides our property team access to LaSalle’s research capabilities.
Staff / Employees 25
Portfolio Manager Average Experience 22 years
Recent Awards Australian Equities Winner, 2018 IMAP Managed Account Awards
our team
  • Stephen Hiscock
    Stephen Hiscock View Profile
    Managing Director
  • Tim Gough
    Tim Gough View Profile
    Portfolio Manager
  • Hamish Tadgell
    Hamish Tadgell View Profile
    Portfolio Manager and Head of Research
  • Andrew Gillies
    Andrew Gillies View Profile
    Analyst
  • Sarah Eager
    Sarah Eager View Profile
    Marketing Coordinator
Investment Models
  • Defensive Income
    Defensive Income

    This Model Portfolio suits investors who: are averse to large fluctuations in the value of their investments over shorter time periods. This portfolio is the most risk-averse of our four Model Portfolio categories, and aims to protect you against a fall in the real value of your portfolio over time (that is, after inflation) by investing largely in Defensive assets. This means the portfolio will seek to generate a moderate income. You are comfortable with a targeted rate of return of 1-2% above inflation. As a rough guide, this Model Portfolio will typically consist of 70% Defensive assets and 30% Growth assets. However, each investment manager will manage allocations depending on their assessment of conditions.

  • Sustainable Income
    Sustainable Income

    This Model Portfolio suits investors who: seek a consistent and sustainable income from your portfolio. You also have a reasonably long-term time horizon and are not overly sensitive to changes in the value of your portfolio over shorter time periods. This portfolio takes more risk than the Defensive Income portfolio, seeking to deliver higher income and higher growth. You are comfortable with a targeted rate of return of 2-3% above inflation, and value consistent income over long-term growth of assets. As a rough guide this Model Portfolio will typically consist of 50% Defensive assets and 50% in Growth assets, including higher-yielding Growth assets. However, each investment manager will manage allocations depending on their assessment of conditions.

  • Robust Growth
    Robust Growth

    This Model Portfolio suits investors who: are focused on growth within your portfolio, with a commensurate lower focus on stability of the short-term value of the portfolio. This portfolio has a higher orientation to Growth assets than our Sustainable Income model but less than our Maximum Growth model. You are comfortable with a targeted rate of return of 3-4% above inflation, because you value Growth over Income in your portfolio. As a rough guide, this Model Portfolio will typically consist of 30% Defensive assets and 70% Growth assets. However, each investment manager will manage allocations depending on their assessment of conditions.

  • Maximum Growth
    Maximum Growth

    This Model Portfolio suits investors who: are focused on long-term growth and are comfortable with the commensurate risk and volatility that comes with this style of investing. This portfolio has the highest orientation to Growth assets of our four Model Portfolio categories. You are seeking a targeted rate of return of 4-6% above inflation, because you value growth and are a long-term investor. As a rough guide, this Model Portfolio will typically consist of 10% Defensive assets and 90% Growth assets. However, each investment manager will manage allocations depending on their assessment of conditions.

Investment Objective
The objective of the portfolio is to provide an actively managed diversified portfolio for an investor with a need for a stable level of income and who is not comfortable with high levels of fluctuation in the value of their portfolio. The portfolio is also designed to deliver a modest amount of growth to provide some protection against inflation with an overall return objective of CPI plus 1-2%. In order to achieve this objective the portfolio will have long term allocation to defensive or income assets in the range of 70% and 30% to growth assets.
Typical Investor
The typical investor is more risk averse and sustainable income levels are considered the primary objective. The investor is comfortable with a higher weighting to income producing assets such as fixed interest investments and only a small allocation to equities among other asset classes. The portfolio would suit investors in the latter stage of their life where growth is a secondary consideration or investors uncomfortable with market fluctuations and where short term preservation of capital is of high importance.
Investment Strategy and Approach
Actively managed portfolio with a Strategic Asset Allocation of 70% to income assets and 30% to growth assets.

Model Composition

Allocation as at December 2018

    Fees & Charges
    Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
    SG Hiscock & Company Defensive Income
    As at December 2018
    Cash 3.59% $359,000
    Code Security name Weighting % Amount
    CASH Cash 3.59% $3,590
    Cash 3.59% $359,000
    Australian Shares 13.75% $13,747
    Code Security name Weighting % Amount
    WOW Woolworths Grp 1.72% $1,720
    ANZ ANZ Banking Grp 1.72% $1,718
    TCL Transurban Grp 1.73% $1,725
    BHP BHP 1.90% $1,899
    CBA Commonwealth Bank of Aust 2.02% $2,021
    SYD Sydney Airport 1.71% $1,710
    ORG Origin Energy 1.49% $1,491
    MQG Macq Grp 1.46% $1,462
    Australian Shares 13.75% $13,747
    View all Australian Shares Show less Australian Shares
    International Shares 15.70% $15,693
    Code Security name Weighting % Amount
    NCP0001AU Northcape Global Emerging Markets 3.40% $3,395
    WHT0044AU Capital Group Global Equity 6.36% $6,356
    FRT0009AU Franklin Global Growth Wholesale 5.94% $5,941
    International Shares 15.70% $15,693
    Australian Property 3.66% $3,660
    Code Security name Weighting % Amount
    ETL0119AU SGH Property Income 3.66% $3,660
    Australian Property 3.66% $3,660
    International Property 3.43% $3,429
    Code Security name Weighting % Amount
    ETL0005AU SGH LaSalle Global Listed Property Securities 3.43% $3,429
    International Property 3.43% $3,429
    Australian Fixed Interest 35.05% $3,505,000
    Code Security name Weighting % Amount
    ETL0015AU PIMCO Australian Bond Wholesale 7.95% $7,954
    MQGPB CAP NOTE 6-BBSW+5.15% PERP NON-CUM RED T-03-21 3.74% $3,742
    NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 3.65% $3,648
    CGFPA CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-20 3.73% $3,730
    CBAPF CAP NOTE 3-BBSW+3.90% PERP NON-CUM RED T-03-22 3.61% $3,615
    ANZPF CAP NOTE 6-BBSW+3.60% PERP NON-CUM RED T-03-23 3.67% $3,673
    WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 3.64% $3,637
    AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 5.06% $5,064
    Australian Fixed Interest 35.05% $3,505,000
    View all Australian Fixed Interest Show less Australian Fixed Interest
    International Fixed Interest 19.40% $19,399
    Code Security name Weighting % Amount
    ETL0016AU PIMCO Diversified Fixed Interest W 9.71% $9,705
    SBC0819AU UBS International Bond Fund 9.69% $9,693
    International Fixed Interest 19.40% $19,399
    Alternatives 5.42% $5,423
    Code Security name Weighting % Amount
    OPT7628AU Arco Absolute Return Fund 5.42% $5,423
    Alternatives 5.42% $5,423
    100.00%
    Total
    $100,003
    Fees & Charges
    Enter an investment amount to get an estimate on your fees.
    Management fee
    0.85% $0
    +
    Indirect cost
    0.41% $0
    =
    Total Per Annum
    1.26% $0

    You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

    If you would like to see our fees and charges in more detail, please visit our Fees section.

    Initial Transaction Cost

    The estimated transaction cost for the funds in this model portfolio is $0

    Ready to Invest?

    Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

    Invest
    Investment Objective
    The objective is to provide an actively managed diversified portfolio for an investor who is comfortable with a mix of both income and growth, ideally an investor with a conservative approach to risk and a requirement for a moderate level of sustainable income. Exposure to growth assets should be aimed at providing protection for the real value of the portfolio in normal periods of inflation. The portfolio has a return objective of CPI +2-3%. In order to achieve this objective the portfolios long term asset allocation will be split approximately 50% to income and 50% to growth assets.
    Typical Investor
    The typical investor is comfortable with exposure to equities and fixed income and also requires a moderate yet sustainable level of income. The portfolio would suit investors looking to both grow the value of their portfolio modestly but also with a desire to see income generation to meet their needs.
    Investment Strategy and Approach
    Actively managed portfolio with a Strategic Asset Allocation of 50% to income assets and 50% to growth assets

    Model Composition

    Allocation as at December 2018

      Fees & Charges
      Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
      SG Hiscock & Company Sustainable Income
      As at December 2018
      Cash 1.51% $151,000
      Code Security name Weighting % Amount
      CASH Cash 1.51% $1,510
      Cash 1.51% $151,000
      Australian Shares 30.64% $3,064,000
      Code Security name Weighting % Amount
      MQG Macq Grp 1.14% $1,139
      WOW Woolworths Grp 1.09% $1,087
      NAB National Aust Bank 1.72% $1,723
      ORA Orora 1.07% $1,071
      ORG Origin Energy 1.02% $1,021
      QBE QBE Insurance Grp 0.86% $860
      RIO Rio Tinto 1.25% $1,250
      SCG Scentre Grp 1.13% $1,134
      SEK Seek 0.97% $974
      SYD Sydney Airport 1.18% $1,177
      TCL Transurban Grp 1.19% $1,188
      VVR Viva Energy Reit 1.26% $1,262
      WBC Westpac Banking 1.27% $1,265
      WES Wesfarmers 1.17% $1,170
      MMS McMillan Shakespr 1.10% $1,099
      JHX James Hardie Ind 1.15% $1,148
      WPL Woodside Pet 1.05% $1,049
      ANZ ANZ Banking Grp 1.29% $1,288
      ASX ASX 1.06% $1,065
      DOW Downer EDI 1.19% $1,189
      CSL CSL 1.62% $1,619
      CKF Collins Foods 0.96% $960
      BHP BHP 1.50% $1,498
      CAR Carsales.com 0.97% $971
      CBA Commonwealth Bank of Aust 2.43% $2,433
      Australian Shares 30.64% $3,064,000
      View all Australian Shares Show less Australian Shares
      International Shares 20.52% $20,521
      Code Security name Weighting % Amount
      WHT0044AU Capital Group Global Equity 8.31% $8,315
      NCP0001AU Northcape Global Emerging Markets 4.45% $4,450
      FRT0009AU Franklin Global Growth Wholesale 7.76% $7,756
      International Shares 20.52% $20,521
      Australian Property 3.08% $3,078
      Code Security name Weighting % Amount
      ETL0119AU SGH Property Income 3.08% $3,078
      Australian Property 3.08% $3,078
      International Property 2.88% $2,884
      Code Security name Weighting % Amount
      ETL0005AU SGH LaSalle Global Listed Property Securities 2.88% $2,884
      International Property 2.88% $2,884
      Australian Fixed Interest 24.71% $24,703
      Code Security name Weighting % Amount
      WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 2.53% $2,530
      ANZPF CAP NOTE 6-BBSW+3.60% PERP NON-CUM RED T-03-23 2.38% $2,382
      CGFPA CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-20 2.43% $2,431
      NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 2.38% $2,375
      MQGPB CAP NOTE 6-BBSW+5.15% PERP NON-CUM RED T-03-21 2.44% $2,437
      ETL0015AU PIMCO Australian Bond Wholesale 6.65% $6,652
      CBAPF CAP NOTE 3-BBSW+3.90% PERP NON-CUM RED T-03-22 2.35% $2,349
      AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 3.55% $3,546
      Australian Fixed Interest 24.71% $24,703
      View all Australian Fixed Interest Show less Australian Fixed Interest
      International Fixed Interest 13.47% $13,462
      Code Security name Weighting % Amount
      SBC0819AU UBS International Bond Fund 6.73% $6,727
      ETL0016AU PIMCO Diversified Fixed Interest W 6.74% $6,735
      International Fixed Interest 13.47% $13,462
      Alternatives 3.19% $3,194
      Code Security name Weighting % Amount
      OPT7628AU Arco Absolute Return Fund 3.19% $3,194
      Alternatives 3.19% $3,194
      100.00%
      Total
      $99,992
      Fees & Charges
      Enter an investment amount to get an estimate on your fees.
      Management fee
      0.85% $0
      +
      Indirect cost
      0.39% $0
      =
      Total Per Annum
      1.24% $0

      You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

      If you would like to see our fees and charges in more detail, please visit our Fees section.

      Initial Transaction Cost

      The estimated transaction cost for the funds in this model portfolio is $0

      Ready to Invest?

      Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

      Invest
      Investment Objective
      The objective is to provide an actively managed diversified portfolio for an investor who is looking for a portfolio that will provide growth over the longer term as the primary objective but will also provide a modest level of protection in a falling market. Income is of a secondary consideration and a function of asset allocation. In order to achieve this objective the portfolio's long-term asset allocation will be split approximately 70% to growth and 30% to income assets with a total return objective of CPI +3-4%. Exposure to growth assets will be diversified across both domestic and international equity and property asset classes.
      Typical Investor
      The typical investor is focused on growing the total value of their portfolio through a combination of both capital growth and income. The portfolio would suit investors with a perpetual or long time horizon and with a higher degree of tolerance for risk and fluctuation in portfolio value. Income is most likely a secondary consideration.
      Investment Strategy and Approach
      Actively managed portfolio with a Strategic Asset Allocation of 70% to growth assets and 30% to income assets.

      Model Composition

      Allocation as at December 2018

        Fees & Charges
        Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
        SG Hiscock & Company Robust Growth
        As at December 2018
        Cash 2.43% $243,000
        Code Security name Weighting % Amount
        CASH Cash 2.43% $2,430
        Cash 2.43% $243,000
        Australian Shares 40.29% $4,029,000
        Code Security name Weighting % Amount
        WPL Woodside Pet 1.20% $1,199
        TCL Transurban Grp 1.36% $1,359
        SYD Sydney Airport 1.34% $1,344
        SUN Suncorp Grp 1.17% $1,169
        SEK Seek 1.11% $1,109
        SCG Scentre Grp 1.73% $1,726
        WES Wesfarmers 1.34% $1,337
        RIO Rio Tinto 1.91% $1,905
        QBE QBE Insurance Grp 0.98% $975
        ORG Origin Energy 1.16% $1,163
        ORA Orora 1.22% $1,221
        NAB National Aust Bank 1.53% $1,526
        WOW Woolworths Grp 1.24% $1,239
        MQG Macq Grp 1.14% $1,143
        MMS McMillan Shakespr 1.25% $1,255
        JHX James Hardie Ind 1.14% $1,145
        CKF Collins Foods 1.09% $1,090
        ANZ ANZ Banking Grp 1.71% $1,706
        WOR WorleyParsons 0.95% $950
        BHP BHP 3.00% $3,003
        CAR Carsales.com 1.10% $1,103
        CBA Commonwealth Bank of Aust 3.24% $3,242
        VVR Viva Energy Reit 1.44% $1,445
        WBC Westpac Banking 1.87% $1,869
        DOW Downer EDI 1.36% $1,359
        ETL0118AU SGH Emerging Companies 1.57% $1,569
        CSL CSL 2.14% $2,140
        Australian Shares 40.29% $4,029,000
        View all Australian Shares Show less Australian Shares
        International Shares 30.54% $30,542
        Code Security name Weighting % Amount
        WHT0044AU Capital Group Global Equity 10.37% $10,372
        NCP0001AU Northcape Global Emerging Markets 5.56% $5,561
        FRT0009AU Franklin Global Growth Wholesale 9.66% $9,657
        IVV iShares S&P 500 ETF 4.95% $4,952
        International Shares 30.54% $30,542
        Australian Property 6.54% $6,543
        Code Security name Weighting % Amount
        ETL0119AU SGH Property Income 6.54% $6,543
        Australian Property 6.54% $6,543
        International Property 2.30% $2,299
        Code Security name Weighting % Amount
        ETL0005AU SGH LaSalle Global Listed Property Securities 2.30% $2,299
        International Property 2.30% $2,299
        Australian Fixed Interest 14.54% $14,542
        Code Security name Weighting % Amount
        MQGPB CAP NOTE 6-BBSW+5.15% PERP NON-CUM RED T-03-21 3.40% $3,405
        CGFPA CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-20 3.38% $3,380
        ANZPF CAP NOTE 6-BBSW+3.60% PERP NON-CUM RED T-03-23 3.33% $3,330
        AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 4.43% $4,426
        Australian Fixed Interest 14.54% $14,542
        International Fixed Interest 3.36% $3,363
        Code Security name Weighting % Amount
        SBC0819AU UBS International Bond Fund 3.36% $3,363
        International Fixed Interest 3.36% $3,363
        100.00%
        Total
        $100,010
        Fees & Charges
        Enter an investment amount to get an estimate on your fees.
        Management fee
        0.85% $0
        +
        Indirect cost
        0.38% $0
        =
        Total Per Annum
        1.23% $0

        You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

        If you would like to see our fees and charges in more detail, please visit our Fees section.

        Initial Transaction Cost

        The estimated transaction cost for the funds in this model portfolio is $0

        Ready to Invest?

        Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

        Invest
        Investment Objective
        The objective is to provide an actively managed portfolio for an investor with a primary objective of growing the value of their investments and a high tolerance for market fluctuations and risk. In order to achieve this objective the portfolios long term asset allocation will be split approximately 90% to growth and 10% to income assets. This portfolio has a target return of CPI +4-6%. Exposure to growth assets will be diversified across both domestic and international equity and property asset classes.
        Typical Investor
        The typical investor is focused on growing the total value of their portfolio through exposure to growth assets classes such as equities and property. The portfolio would suit investors with a perpetual or long time horizon and with a high understanding and comfort level for risk and fluctuation in portfolio value.
        Investment Strategy and Approach
        Actively managed portfolio with a Strategic Asset Allocation of 90% to growth assets and 10% to income assets.

        Model Composition

        Allocation as at December 2018

          Fees & Charges
          Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
          SG Hiscock & Company Maximum Growth
          As at December 2018
          Cash 2.62% $262,000
          Code Security name Weighting % Amount
          CASH Cash 2.62% $2,620
          Cash 2.62% $262,000
          Australian Shares 50.18% $5,018,000
          Code Security name Weighting % Amount
          ANZ ANZ Banking Grp 2.14% $2,143
          WOR WorleyParsons 1.28% $1,278
          WES Wesfarmers 1.67% $1,669
          WBC Westpac Banking 1.86% $1,856
          TCL Transurban Grp 1.70% $1,699
          SYD Sydney Airport 1.68% $1,683
          SUN Suncorp Grp 1.46% $1,455
          SEK Seek 1.38% $1,376
          SCG Scentre Grp 2.16% $2,158
          RIO Rio Tinto 2.39% $2,389
          QBE QBE Insurance Grp 1.30% $1,302
          ORG Origin Energy 1.45% $1,449
          ORA Orora 1.52% $1,524
          WOW Woolworths Grp 1.54% $1,543
          NAB National Aust Bank 1.90% $1,898
          MMS McMillan Shakespr 1.56% $1,564
          JHX James Hardie Ind 1.42% $1,423
          ETL0118AU SGH Emerging Companies 2.95% $2,950
          DOW Downer EDI 1.70% $1,702
          CSL CSL 3.20% $3,202
          CKF Collins Foods 1.36% $1,355
          CBA Commonwealth Bank of Aust 4.04% $4,043
          CAR Carsales.com 1.37% $1,372
          BHP BHP 3.76% $3,764
          MQG Macq Grp 1.90% $1,902
          WPL Woodside Pet 1.49% $1,490
          Australian Shares 50.18% $5,018,000
          View all Australian Shares Show less Australian Shares
          International Shares 42.81% $42,815
          Code Security name Weighting % Amount
          NCP0001AU Northcape Global Emerging Markets 8.91% $8,912
          IVV iShares S&P 500 ETF 3.91% $3,910
          FRT0009AU Franklin Global Growth Wholesale 14.44% $14,443
          WHT0044AU Capital Group Global Equity 15.55% $15,550
          International Shares 42.81% $42,815
          Australian Property 4.39% $4,393
          Code Security name Weighting % Amount
          ETL0119AU SGH Property Income 4.39% $4,393
          Australian Property 4.39% $4,393
          100.00%
          Total
          $100,021
          Fees & Charges
          Enter an investment amount to get an estimate on your fees.
          Management fee
          0.85% $0
          +
          Indirect cost
          0.46% $0
          =
          Total Per Annum
          1.31% $0

          You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

          If you would like to see our fees and charges in more detail, please visit our Fees section.

          Initial Transaction Cost

          The estimated transaction cost for the funds in this model portfolio is $0

          Ready to Invest?

          Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

          Invest

          Insights from SG Hiscock & Company