Copyright © 2020 Montaka Global Investments Privacy | Terms | Disclaimer
Montaka provides investors from all around the world the opportunity to benefit from the value created by extraordinary businesses purchased at discounts to intrinsic value.
Our Montaka Strategy
Greater capital protection may be provided when markets turn down. Typically 15-30 holdings in the equities of extraordinary global businesses are partially offset by 25-40 short positions in the equities of deteriorating global businesses.
The result of this combination is a reduced Net Market Exposure, typically ranging between 30 and 70 per cent. Owning $100 worth of extraordinary global businesses and offsetting this with $60 seeking to profit from deteriorating or flawed businesses and industries produces, for example, a net exposure of $40. For every $100 invested in our Montaka strategy, investors are exposed, in this example, to $40 of risk from the general movement of the market.
Our core objective is to maximise the probability of achieving strong multi-decade compounding of our investors’ wealth, alongside our own wealth.
We believe the best way to sustainably compound capital is to own a concentrated portfolio of the world’s long-term winning businesses, in attractive market segments, while they are undervalued. We marry our top-down analysis of global economies, markets and industries with our detailed bottom-up analysis of individual businesses. We think deeply about the expectations for key business value drivers which are implied by any given stock price to ensure that we are not overpaying for any investment. Finally, we seek to construct our portfolios to be consistent with our top-down perspectives and strive to preserve capital wherever possible.
Greater capital protection may be provided when markets turn down. Typically 15-30 holdings in the equities of extraordinary global businesses are partially offset by 25-40 short positions in the equities of deteriorating global businesses.
The result of this combination is a reduced Net Market Exposure, typically ranging between 30 and 70 per cent. Owning $100 worth of extraordinary global businesses and offsetting this with $60 seeking to profit from deteriorating or flawed businesses and industries produces, for example, a net exposure of $40. For every $100 invested in our Montaka strategy, investors are exposed, in this example, to $40 of risk from the general movement of the market.
Our core objective is to maximise the probability of achieving strong multi-decade compounding of our investors’ wealth, alongside our own wealth.
We believe the best way to sustainably compound capital is to own a concentrated portfolio of the world’s long-term winning businesses, in attractive market segments, while they are undervalued. We marry our top-down analysis of global economies, markets and industries with our detailed bottom-up analysis of individual businesses. We think deeply about the expectations for key business value drivers which are implied by any given stock price to ensure that we are not overpaying for any investment. Finally, we seek to construct our portfolios to be consistent with our top-down perspectives and strive to preserve capital wherever possible.
Meet the Team
We are a team of rigorous, intellectually energetic investment specialists. Spanning New York and Sydney, we offer access to a deep and diverse pool of talent and experience.
