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 VALUEACTIVE INVESTMENT PROCESS

Our high-conviction active management approach is founded on our ValueActiveTM investment process – used by the team for more than a decade. It combines in depth valuation analysis with a forensic approach to company research, market fundamentals and insight. Simply put, we like to buy great sustainable companies at attractive prices.

In addition, 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. Another reason we believe our structure is ideal is that 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.

RESEARCH CAPABILITY

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.
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
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 of November 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 of November 2018
    Cash 10.03% $1,003,000
    Code Security name Weighting % Amount
    CASH Cash 10.03% $10,030
    Cash 10.03% $1,003,000
    Australian Shares 16.13% $16,141
    Code Security name Weighting % Amount
    MQG Macq Grp 1.84% $1,839
    WES Wesfarmers 1.85% $1,854
    TCL Transurban Grp 1.87% $1,871
    SYD Sydney Airport 1.88% $1,878
    ORG Origin Energy 1.85% $1,854
    WOW Woolworths Grp 1.99% $1,994
    CBA Commonwealth Bank of Aust 2.43% $2,429
    ANZ ANZ Banking Grp 2.42% $2,422
    Australian Shares 16.13% $16,141
    View all Australian Shares Show less Australian Shares
    International Shares 18.75% $18,747
    Code Security name Weighting % Amount
    FRT0009AU Franklin Global Growth Wholesale 7.51% $7,511
    WHT0044AU Capital Group Global Equity 7.48% $7,481
    NCP0001AU Northcape Global Emerging Markets 3.76% $3,755
    International Shares 18.75% $18,747
    Australian Fixed Interest 27.55% $2,755,000
    Code Security name Weighting % Amount
    CWNHB HYBRID 3-BBSW+4.00% 23-04-75 SUB CUM RED T-07-21 3.75% $3,748
    MQGPB CAP NOTE 6-BBSW+5.15% PERP NON-CUM RED T-03-21 3.77% $3,771
    NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 3.76% $3,764
    CBAPF CAP NOTE 3-BBSW+3.90% PERP NON-CUM RED T-03-22 3.75% $3,754
    ANZPF CAP NOTE 6-BBSW+3.60% PERP NON-CUM RED T-03-23 3.75% $3,753
    CGFPA CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-20 3.76% $3,763
    AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 5.01% $5,009
    Australian Fixed Interest 27.55% $2,755,000
    View all Australian Fixed Interest Show less Australian Fixed Interest
    International Fixed Interest 21.28% $21,280
    Code Security name Weighting % Amount
    ETL0016AU PIMCO Diversified Fixed Interest W 10.64% $10,640
    SBC0819AU UBS International Bond Fund 10.64% $10,640
    International Fixed Interest 21.28% $21,280
    Alternatives 6.26% $6,257
    Code Security name Weighting % Amount
    OPT7628AU Arco Absolute Return Fund 6.26% $6,257
    Alternatives 6.26% $6,257
    100.00%
    Total
    $100,016
    Fees & Charges
    Enter an investment amount to get an estimate on your fees.
    Management fee
    0.85% $0
    +
    Indirect cost
    0.02% $0
    =
    Total Per Annum
    0.87% $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 of November 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 of November 2018
      Cash 5.15% $515,000
      Code Security name Weighting % Amount
      CASH Cash 5.15% $5,150
      Cash 5.15% $515,000
      Australian Shares 38.32% $3,832,000
      Code Security name Weighting % Amount
      WPL Woodside Pet 1.33% $1,332
      QBE QBE Insurance Grp 1.34% $1,344
      ORG Origin Energy 1.33% $1,333
      ORA Orora 1.33% $1,333
      SEK Seek 1.34% $1,344
      SYD Sydney Airport 1.35% $1,350
      NAB National Aust Bank 2.30% $2,296
      WOW Woolworths Grp 1.34% $1,345
      MQG Macq Grp 1.50% $1,504
      JHX James Hardie Ind 1.52% $1,518
      TCL Transurban Grp 1.35% $1,346
      RIO Rio Tinto 1.55% $1,545
      DOW Downer EDI 1.35% $1,346
      VVR Viva Energy Reit 1.34% $1,344
      CSL CSL 1.92% $1,920
      CKF Collins Foods 1.34% $1,336
      WBC Westpac Banking 1.92% $1,917
      WES Wesfarmers 1.33% $1,333
      CBA Commonwealth Bank of Aust 3.07% $3,071
      CAR Carsales.com 1.37% $1,367
      BHP BHP 2.32% $2,317
      ANZ ANZ Banking Grp 1.91% $1,912
      CYB CYBG 1.33% $1,335
      SCG Scentre Grp 1.54% $1,539
      Australian Shares 38.32% $3,832,000
      View all Australian Shares Show less Australian Shares
      International Shares 25.68% $25,677
      Code Security name Weighting % Amount
      FRT0009AU Franklin Global Growth Wholesale 10.29% $10,287
      NCP0001AU Northcape Global Emerging Markets 5.14% $5,143
      WHT0044AU Capital Group Global Equity 10.25% $10,246
      International Shares 25.68% $25,677
      Australian Fixed Interest 19.27% $19,280
      Code Security name Weighting % Amount
      MQGPB CAP NOTE 6-BBSW+5.15% PERP NON-CUM RED T-03-21 2.58% $2,581
      NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 2.57% $2,574
      CWNHB HYBRID 3-BBSW+4.00% 23-04-75 SUB CUM RED T-07-21 2.56% $2,563
      CGFPA CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-20 2.57% $2,573
      CBAPF CAP NOTE 3-BBSW+3.90% PERP NON-CUM RED T-03-22 2.57% $2,567
      ANZPF CAP NOTE 6-BBSW+3.60% PERP NON-CUM RED T-03-23 2.56% $2,562
      AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 3.86% $3,859
      Australian Fixed Interest 19.27% $19,280
      View all Australian Fixed Interest Show less Australian Fixed Interest
      International Fixed Interest 7.72% $7,715
      Code Security name Weighting % Amount
      ETL0016AU PIMCO Diversified Fixed Interest W 7.72% $7,715
      International Fixed Interest 7.72% $7,715
      Alternatives 3.86% $3,856
      Code Security name Weighting % Amount
      OPT7628AU Arco Absolute Return Fund 3.86% $3,856
      Alternatives 3.86% $3,856
      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
      0.02% $0
      =
      Total Per Annum
      0.87% $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 50% to income assets.

      Model Composition

      Allocation as of November 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 of November 2018
        Cash 3.35% $335,000
        Code Security name Weighting % Amount
        CASH Cash 3.35% $3,350
        Cash 3.35% $335,000
        Australian Shares 42.60% $4,260,000
        Code Security name Weighting % Amount
        NAB National Aust Bank 1.79% $1,788
        WOR WorleyParsons 1.36% $1,361
        WES Wesfarmers 1.34% $1,337
        WBC Westpac Banking 2.24% $2,240
        VVR Viva Energy Reit 1.35% $1,347
        TCL Transurban Grp 1.35% $1,348
        SYD Sydney Airport 1.35% $1,353
        SUN Suncorp Grp 1.34% $1,341
        SEK Seek 1.35% $1,346
        SCG Scentre Grp 1.80% $1,799
        RIO Rio Tinto 1.81% $1,809
        QBE QBE Insurance Grp 1.35% $1,347
        ORG Origin Energy 1.33% $1,335
        ORA Orora 1.34% $1,336
        WOW Woolworths Grp 1.35% $1,348
        WPL Woodside Pet 1.33% $1,332
        JHX James Hardie Ind 1.33% $1,332
        ANZ ANZ Banking Grp 2.24% $2,236
        DOW Downer EDI 1.35% $1,349
        CYB CYBG 1.34% $1,338
        MQG Macq Grp 1.32% $1,317
        CSL CSL 2.23% $2,231
        CKF Collins Foods 1.34% $1,339
        BHP BHP 2.71% $2,707
        CBA Commonwealth Bank of Aust 3.59% $3,587
        CAR Carsales.com 1.37% $1,369
        Australian Shares 42.60% $4,260,000
        View all Australian Shares Show less Australian Shares
        International Shares 33.75% $33,739
        Code Security name Weighting % Amount
        NCP0001AU Northcape Global Emerging Markets 5.64% $5,638
        IVV iShares S&P 500 ETF 5.60% $5,596
        FRT0009AU Franklin Global Growth Wholesale 11.28% $11,275
        WHT0044AU Capital Group Global Equity 11.23% $11,231
        International Shares 33.75% $33,739
        Australian Fixed Interest 14.66% $14,665
        Code Security name Weighting % Amount
        MQGPB CAP NOTE 6-BBSW+5.15% PERP NON-CUM RED T-03-21 3.40% $3,396
        CWNHB HYBRID 3-BBSW+4.00% 23-04-75 SUB CUM RED T-07-21 3.37% $3,374
        CGFPA CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-20 3.38% $3,384
        AMPPA CAP NOTE 3-BBSW+5.10% PERP NON-CUM RED T-12-21 4.51% $4,511
        Australian Fixed Interest 14.66% $14,665
        International Fixed Interest 5.64% $5,638
        Code Security name Weighting % Amount
        SBC0819AU UBS International Bond Fund 3.38% $3,383
        ETL0016AU PIMCO Diversified Fixed Interest W 2.26% $2,255
        International Fixed Interest 5.64% $5,638
        100.00%
        Total
        $99,963
        Fees & Charges
        Enter an investment amount to get an estimate on your fees.
        Management fee
        0.85% $0
        +
        Indirect cost
        0.03% $0
        =
        Total Per Annum
        0.88% $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 of November 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 of November 2018
          Cash 3.27% $327,000
          Code Security name Weighting % Amount
          CASH Cash 3.27% $3,270
          Cash 3.27% $327,000
          Australian Shares 50.73% $5,073,000
          Code Security name Weighting % Amount
          ANZ ANZ Banking Grp 2.72% $2,720
          WOR WorleyParsons 1.66% $1,656
          WES Wesfarmers 1.62% $1,625
          WBC Westpac Banking 2.18% $2,181
          TCL Transurban Grp 1.64% $1,640
          SYD Sydney Airport 1.65% $1,647
          SUN Suncorp Grp 1.63% $1,632
          SEK Seek 1.64% $1,638
          SCG Scentre Grp 2.19% $2,190
          RIO Rio Tinto 2.20% $2,201
          QBE QBE Insurance Grp 1.64% $1,639
          ORG Origin Energy 1.63% $1,625
          ORA Orora 1.63% $1,626
          WPL Woodside Pet 1.62% $1,621
          NAB National Aust Bank 2.18% $2,176
          MQG Macq Grp 2.15% $2,147
          JHX James Hardie Ind 1.62% $1,620
          DOW Downer EDI 1.64% $1,642
          CYB CYBG 1.63% $1,628
          CSL CSL 3.26% $3,258
          CKF Collins Foods 1.63% $1,630
          CBA Commonwealth Bank of Aust 4.36% $4,360
          CAR Carsales.com 1.67% $1,665
          BHP BHP 3.30% $3,295
          WOW Woolworths Grp 1.64% $1,640
          Australian Shares 50.73% $5,073,000
          View all Australian Shares Show less Australian Shares
          International Shares 46.00% $46,001
          Code Security name Weighting % Amount
          IVV iShares S&P 500 ETF 4.35% $4,352
          FRT0009AU Franklin Global Growth Wholesale 16.47% $16,466
          WHT0044AU Capital Group Global Equity 16.40% $16,401
          NCP0001AU Northcape Global Emerging Markets 8.78% $8,782
          International Shares 46.00% $46,001
          100.00%
          Total
          $99,973
          Fees & Charges
          Enter an investment amount to get an estimate on your fees.
          Management fee
          0.85% $0
          +
          Indirect cost
          0.06% $0
          =
          Total Per Annum
          0.91% $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