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 View Profile
    Managing Director
  • Tim Gough View Profile
    Portfolio Manager
  • Hamish Tadgell View Profile
    Portfolio Manager and Head of Research
  • Andrew Gillies View Profile
    Analyst
  • Sarah Eager View Profile
    Marketing Coordinator
  • Stratton Bell View Profile
    Analyst
Investment Models
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.
Minimum Investment Amount
$20,000

Model Composition

Allocation as at February 2021

    Allocation & Fees
    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 Defensive Income
    This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
    Cash 4.93% $493,000
    Code Security name Weighting % Amount
    CASH Cash 4.93% $4,930
    Cash 4.93% $493,000
    Australian Shares 14.63% $14,621
    Code Security name Weighting % Amount
    ALX Atlas Arteria 0.94% $940
    TCL Transurban Grp 0.91% $915
    SYD Sydney Airport 0.85% $847
    NAB National Aust Bank 1.64% $1,643
    MQG Macq Grp 0.72% $716
    JHX James Hardie Ind 0.74% $738
    WOW Woolworths Grp 1.07% $1,074
    CWY Cleanaway Waste 0.73% $728
    CSL CSL 0.85% $852
    WPL Woodside Pet 1.49% $1,486
    BHP BHP 1.93% $1,928
    CNU Chorus 0.74% $737
    ANZ ANZ Banking Grp 2.02% $2,018
    Australian Shares 14.63% $14,621
    International Shares 10.12% $10,121
    Code Security name Weighting % Amount
    ETL8936AU Morgan Stanley Global Quality Fund (Unhedged) 7.00% $6,998
    FRT0009AU Franklin Global Growth Wholesale 3.12% $3,123
    International Shares 10.12% $10,121
    Australian Property 5.57% $5,577
    Code Security name Weighting % Amount
    ETL0119AU SGH Property Income 4.82% $4,823
    SCG Scentre Grp 0.75% $754
    Australian Property 5.57% $5,577
    International Property 5.09% $5,088
    Code Security name Weighting % Amount
    ETL0005AU SGH LaSalle Global Listed Property Securities 5.09% $5,088
    International Property 5.09% $5,088
    Australian Fixed Interest 44.99% $4,499,000
    Code Security name Weighting % Amount
    CGFPB CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 8.04% $8,037
    WBCPI Westpac Banking Corporation - Cap Note 3-Bbsw+3.70% Perp Non-Cum Red T-07-26 4.01% $4,013
    AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 8.95% $8,948
    MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 4.97% $4,975
    BENPG CNV PREF 3-BBSW+3.75% PERP NON-CUM RED T-06-24 6.03% $6,027
    CBAPF CAP NOTE 3-BBSW+3.90% PERP NON-CUM RED T-03-22 4.95% $4,951
    CGFPA CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-20 8.04% $8,040
    Australian Fixed Interest 44.99% $4,499,000
    International Fixed Interest 14.67% $14,673
    Code Security name Weighting % Amount
    SBC0819AU UBS International Bond Fund 7.35% $7,351
    ETL0016AU PIMCO Diversified Fixed Interest W 7.32% $7,323
    International Fixed Interest 14.67% $14,673
    100.00%
    Total
    $100,002
    Display fees as
    Your monthly fee
    Model Portfolio fee
    $ - per month

    All fees and charges are inclusive of GST.

    Model Portfolio Fee
    $ - per month
    This includes:

    SG Hiscock Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

    OpenInvest Fee, which covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

    • No hidden fees or charges
    • We pay for brokerage
    • You keep all interest earned
    Other charges:

    The Indirect Cost, which is an estimate of underlying charges of some of the holdings SG Hiscock may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

    The estimated indirect cost for the funds in this model portfolio on a $20,000 investment is $ - per month.


    A Transaction Cost is an underlying charge levied by an ETF or managed fund such as when you first buy into or sell out of a fund.

    The estimated initial transaction cost for the funds in this model portfolio on a $20,000 investment is $ -. This is a once-off cost.


    All fees and charges are inclusive of GST.
    Please refer to the current PDS for a detailed description of fees and other costs.

    Ready to Invest?

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

    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
    Minimum Investment Amount
    $20,000

    Model Composition

    Allocation as at February 2021

      Allocation & Fees
      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 Sustainable Income
      This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
      Cash 4.96% $496,000
      Code Security name Weighting % Amount
      CASH Cash 4.96% $4,960
      Cash 4.96% $496,000
      Australian Shares 28.92% $28,915
      Code Security name Weighting % Amount
      ALX Atlas Arteria 1.70% $1,699
      LLC Lendlease Grp 1.21% $1,206
      JHX James Hardie Ind 1.29% $1,288
      NST Northern Star 1.52% $1,518
      WPL Woodside Pet 1.15% $1,149
      RIO Rio Tinto 1.34% $1,341
      DOW Downer EDI 1.06% $1,055
      CWY Cleanaway Waste 1.27% $1,268
      CSL CSL 1.51% $1,509
      MQG Macq Grp 1.43% $1,433
      CNU Chorus 1.48% $1,480
      SEK Seek 1.23% $1,232
      TCL Transurban Grp 1.38% $1,379
      CAR Carsales.com 1.05% $1,050
      BHP BHP 1.41% $1,407
      WOR WorleyParsons 0.82% $824
      ASX ASX 0.94% $940
      ANZ ANZ Banking Grp 2.53% $2,532
      WOW Woolworths Grp 1.08% $1,080
      CKF Collins Foods 0.88% $884
      NAB National Aust Bank 2.64% $2,641
      Australian Shares 28.92% $28,915
      International Shares 15.27% $15,272
      Code Security name Weighting % Amount
      ETL8936AU Morgan Stanley Global Quality Fund (Unhedged) 10.04% $10,043
      FRT0009AU Franklin Global Growth Wholesale 5.23% $5,229
      International Shares 15.27% $15,272
      Australian Property 5.86% $5,860
      Code Security name Weighting % Amount
      WPR Waypoint REIT - Fully Paid Ordinary/Units Stapled Securities 1.01% $1,015
      ETL0119AU SGH Property Income 4.85% $4,845
      Australian Property 5.86% $5,860
      International Property 5.11% $5,111
      Code Security name Weighting % Amount
      ETL0005AU SGH LaSalle Global Listed Property Securities 5.11% $5,111
      International Property 5.11% $5,111
      Australian Fixed Interest 30.06% $3,006,000
      Code Security name Weighting % Amount
      CGFPB CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 7.07% $7,067
      CBAPF CAP NOTE 3-BBSW+3.90% PERP NON-CUM RED T-03-22 6.96% $6,960
      BENPG CNV PREF 3-BBSW+3.75% PERP NON-CUM RED T-06-24 5.04% $5,039
      AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 6.99% $6,989
      MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 4.00% $3,999
      Australian Fixed Interest 30.06% $3,006,000
      International Fixed Interest 9.82% $9,827
      Code Security name Weighting % Amount
      SBC0819AU UBS International Bond Fund 4.92% $4,923
      ETL0016AU PIMCO Diversified Fixed Interest W 4.90% $4,904
      International Fixed Interest 9.82% $9,827
      100.00%
      Total
      $100,000
      Display fees as
      Your monthly fee
      Model Portfolio fee
      $ - per month

      All fees and charges are inclusive of GST.

      Model Portfolio Fee
      $ - per month
      This includes:

      SG Hiscock Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

      OpenInvest Fee, which covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

      • No hidden fees or charges
      • We pay for brokerage
      • You keep all interest earned
      Other charges:

      The Indirect Cost, which is an estimate of underlying charges of some of the holdings SG Hiscock may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

      The estimated indirect cost for the funds in this model portfolio on a $20,000 investment is $ - per month.


      A Transaction Cost is an underlying charge levied by an ETF or managed fund such as when you first buy into or sell out of a fund.

      The estimated initial transaction cost for the funds in this model portfolio on a $20,000 investment is $ -. This is a once-off cost.


      All fees and charges are inclusive of GST.
      Please refer to the current PDS for a detailed description of fees and other costs.

      Ready to Invest?

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

      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.
      Minimum Investment Amount
      $20,000

      Model Composition

      Allocation as at February 2021

        Allocation & Fees
        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 Robust Growth
        This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
        Cash 2.95% $295,000
        Code Security name Weighting % Amount
        CASH Cash 2.95% $2,950
        Cash 2.95% $295,000
        Australian Shares 38.17% $3,817,000
        Code Security name Weighting % Amount
        A2M The A2 Milk Company 0.74% $744
        WOW Woolworths Grp 1.07% $1,066
        WOR WorleyParsons 1.14% $1,140
        TCL Transurban Grp 1.18% $1,180
        SYD Sydney Airport 0.67% $673
        SEK Seek 1.39% $1,392
        NST Northern Star 1.08% $1,083
        MVP Medical Developments 1.03% $1,034
        MQG Macq Grp 1.13% $1,134
        MP1 Megaport Limited 0.85% $854
        LLC Lendlease Grp 1.28% $1,276
        JHX James Hardie Ind 1.27% $1,270
        ETL0118AU SGH Emerging Companies 3.23% $3,225
        DOW Downer EDI 1.36% $1,355
        CSL CSL 1.71% $1,713
        XRO Xero 0.97% $973
        CNU Chorus 0.98% $975
        ALL Aristocrat Leisure 1.66% $1,661
        ALX Atlas Arteria 0.93% $932
        ANZ ANZ Banking Grp 2.67% $2,669
        APA APA Grp 1.44% $1,441
        APT Afterpay Touch 2.10% $2,101
        COE Cooper Energy 0.91% $910
        BHP BHP 2.20% $2,201
        CAR Carsales.com 1.35% $1,348
        BAP Bapcor 1.42% $1,421
        CKF Collins Foods 0.97% $970
        CCX City Chic Collective Limited 1.44% $1,439
        Australian Shares 38.17% $3,817,000
        International Shares 20.15% $20,152
        Code Security name Weighting % Amount
        FRT0009AU Franklin Global Growth Wholesale 7.75% $7,750
        ETL8936AU Morgan Stanley Global Quality Fund (Unhedged) 12.40% $12,403
        International Shares 20.15% $20,152
        Australian Property 11.77% $11,774
        Code Security name Weighting % Amount
        SCG Scentre Grp 1.20% $1,197
        ETL0119AU SGH Property Income 9.57% $9,574
        WPR Waypoint REIT - Fully Paid Ordinary/Units Stapled Securities 1.00% $1,002
        Australian Property 11.77% $11,774
        International Property 5.05% $5,050
        Code Security name Weighting % Amount
        ETL0005AU SGH LaSalle Global Listed Property Securities 5.05% $5,050
        International Property 5.05% $5,050
        Australian Fixed Interest 17.05% $17,052
        Code Security name Weighting % Amount
        CGFPB CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 5.98% $5,980
        NFNG CONVERT BOND 6-BBSW+1.90% PERP SUB NON-CUM EXH STP 5.15% $5,152
        AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 5.92% $5,920
        Australian Fixed Interest 17.05% $17,052
        International Fixed Interest 4.86% $4,856
        Code Security name Weighting % Amount
        SBC0819AU UBS International Bond Fund 2.92% $2,918
        ETL0016AU PIMCO Diversified Fixed Interest W 1.94% $1,938
        International Fixed Interest 4.86% $4,856
        100.00%
        Total
        $100,015
        Display fees as
        Your monthly fee
        Model Portfolio fee
        $ - per month

        All fees and charges are inclusive of GST.

        Model Portfolio Fee
        $ - per month
        This includes:

        SG Hiscock Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

        OpenInvest Fee, which covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

        • No hidden fees or charges
        • We pay for brokerage
        • You keep all interest earned
        Other charges:

        The Indirect Cost, which is an estimate of underlying charges of some of the holdings SG Hiscock may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

        The estimated indirect cost for the funds in this model portfolio on a $20,000 investment is $ - per month.


        A Transaction Cost is an underlying charge levied by an ETF or managed fund such as when you first buy into or sell out of a fund.

        The estimated initial transaction cost for the funds in this model portfolio on a $20,000 investment is $ -. This is a once-off cost.


        All fees and charges are inclusive of GST.
        Please refer to the current PDS for a detailed description of fees and other costs.

        Ready to Invest?

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

        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.
        Minimum Investment Amount
        $20,000

        Model Composition

        Allocation as at February 2021

          Allocation & Fees
          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 Maximum Growth
          This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
          Cash 1.99% $199,000
          Code Security name Weighting % Amount
          CASH Cash 1.99% $1,990
          Cash 1.99% $199,000
          Australian Shares 45.24% $4,524,000
          Code Security name Weighting % Amount
          A2M The A2 Milk Company 0.74% $742
          WOR WorleyParsons 1.38% $1,380
          VOC Vocus Grp 1.14% $1,136
          TCL Transurban Grp 1.31% $1,313
          SEK Seek 1.33% $1,329
          PCK Painchek Ltd 0.63% $627
          NST Northern Star 1.33% $1,329
          MVP Medical Developments 1.03% $1,031
          MQG Macq Grp 1.50% $1,503
          MP1 Megaport Limited 1.28% $1,277
          LLC Lendlease Grp 1.10% $1,103
          JHX James Hardie Ind 1.41% $1,412
          WOW Woolworths Grp 0.95% $955
          DOW Downer EDI 1.20% $1,195
          ETL0118AU SGH Emerging Companies 3.88% $3,881
          BHP BHP 2.89% $2,887
          ALL Aristocrat Leisure 1.56% $1,558
          ALX Atlas Arteria 1.25% $1,255
          ANZ ANZ Banking Grp 2.99% $2,994
          APA APA Grp 1.62% $1,617
          APT Afterpay Touch 2.40% $2,399
          BAP Bapcor 1.63% $1,635
          CSL CSL 2.29% $2,295
          XRO Xero 0.87% $869
          CCX City Chic Collective Limited 1.43% $1,434
          CKF Collins Foods 1.35% $1,354
          CNU Chorus 2.19% $2,187
          COE Cooper Energy 0.91% $907
          CAR Carsales.com 1.65% $1,654
          Australian Shares 45.24% $4,524,000
          International Shares 30.08% $30,084
          Code Security name Weighting % Amount
          FRT0009AU Franklin Global Growth Wholesale 10.30% $10,301
          ETL8936AU Morgan Stanley Global Quality Fund (Unhedged) 19.78% $19,783
          International Shares 30.08% $30,084
          Australian Property 9.54% $9,544
          Code Security name Weighting % Amount
          ETL0119AU SGH Property Income 9.54% $9,544
          Australian Property 9.54% $9,544
          International Property 10.07% $10,069
          Code Security name Weighting % Amount
          ETL0005AU SGH LaSalle Global Listed Property Securities 10.07% $10,069
          International Property 10.07% $10,069
          Australian Fixed Interest 3.08% $3,081
          Code Security name Weighting % Amount
          NFNG CONVERT BOND 6-BBSW+1.90% PERP SUB NON-CUM EXH STP 3.08% $3,081
          Australian Fixed Interest 3.08% $3,081
          100.00%
          Total
          $100,025
          Display fees as
          Your monthly fee
          Model Portfolio fee
          $ - per month

          All fees and charges are inclusive of GST.

          Model Portfolio Fee
          $ - per month
          This includes:

          SG Hiscock Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

          OpenInvest Fee, which covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

          • No hidden fees or charges
          • We pay for brokerage
          • You keep all interest earned
          Other charges:

          The Indirect Cost, which is an estimate of underlying charges of some of the holdings SG Hiscock may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

          The estimated indirect cost for the funds in this model portfolio on a $20,000 investment is $ - per month.


          A Transaction Cost is an underlying charge levied by an ETF or managed fund such as when you first buy into or sell out of a fund.

          The estimated initial transaction cost for the funds in this model portfolio on a $20,000 investment is $ -. This is a once-off cost.


          All fees and charges are inclusive of GST.
          Please refer to the current PDS for a detailed description of fees and other costs.

          Ready to Invest?

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