Our Strategies
Investment Philosophy
We have a long only absolute return philosophy focused on income generation and the power of compounding. Combined with professional portfolio and risk management we aim to deliver outperformance with low volatility over the medium to long term.
Investment Process
Identification of quality assets and businesses that generate sustainable income is integral to the process. Through diversification and the ability to actively shift asset and sector exposures under varying investment environments the manager seeks to optimise risk/return and manage for lower volatility.
Macro-economic conditions are assessed to determine appropriate risk exposures.
The core part of a portfolio will comprise investment in traditional higher yielding sectors for income generation, including: property trusts, utilities, hybrid securities, corporate fixed interest and leading equities under buy & write protection. Trading activity may also support income generation.
At all times the manager seeks to add value through stock selection and from time to time identifies thematic or industry changes that present investment opportunities. Stocks are selected on their individual merits and fundamental value. We assess the business and earnings quality, financial flexibility, management, growth potential and risks. Stocks are monitored for non-delivery of expectations and excessive overvaluation.
Investment Products
Kaplan’s absolute return investment approach is applied to the management of equities and interest rate benchmarked portfolios.
Kaplan’s Wholesale Investment Product Range:
- Kaplan Equities Fund
- Kaplan Master Income Fund
- Kaplan Charitable Equities Fund
- Kaplan Pooled Superannuation Trust
- Discrete Mandates
Retail Investors can access Kaplan’s management capabilities through: