H&G High Conviction Limited
HCF.AX
Australian Securities Exchange0.03
AUD
- -
- -
H&G High Conviction Limited
HCF.AX
(Australian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- H&G High Conviction Limited (ASX:HCF) is an Australia-based investment company that focuses on delivering risk-adjusted returns by constructing a high-conviction portfolio of microcap ASX-listed companies; it employs a fundamentals-based strategy targeting firms with superior prospects trading at discounts to inherent value due to external events; the company aims for long-term double-digit annual returns while minimizing capital loss, with investments actively managed by H&G Investment Management Limited. Core activities center on equity investments in micro-capitalization ASX stocks exhibiting catalysts for value realization; portfolio construction emphasizes undervalued opportunities overlooked by broader markets; fees include a 1% management fee plus GST on gross asset value and a 20% performance fee on benchmark outperformance above 5% p.a., subject to a high-water mark. Founded in 2022 and headquartered at Level 5, 107 Pitt Street, Sydney, New South Wales, the company listed on the ASX following an IPO raising approximately A$22 million; it serves sophisticated and wholesale investors through its listed structure. In 2025, H&G High Conviction divested substantially all assets to Hancock & Gore Ltd (ASX:HNG) for A$18.5 million in consideration shares, completed an in-specie distribution of HNG shares to shareholders on May 1, and restructured its board with appointments of Alexander 'Sandy' Beard as Chair and Angus Murnaghan as non-executive director alongside Nicolas Atkinson, following retirements of David Groves and Dennison Hambling; these changes support a repositioned strategy post-divestment; the board seeks formal election of Beard and Murnaghan at the next annual general meeting.