Blue Sky Alternatives Access Fund Limited (BAF) - Research

$0.770 0.01 (1.28%)

BAF General Information +

ASX Code BAF
Website http://www.blueskyfunds.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 154
Current Price $0.770
Day High $0.790
Day Low $0.770
Last Close $0.780
Price Movement $0.01 ( 1.28% )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

BAF Company Overview

Business Description

The Blue Sky Alternatives Access Fund Limited (BAF) is a listed investment company that invests in a diverse range of alternative asset classes including Private equity, Private real estate and Real assets. The Alternatives Fund is the only listed investment company on the ASX that allows investors to make a strategic allocation to a portfolio of directly managed assets diversified across several alternative asset classes.

BAF Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2019 A 6.71 3.30 28.20% 25.60 5.00 6.00% 65.0%
2018 A 5.04 2.60 -69.50% 43.10 5.00 4.60% 72.0%
2017 A 13.03 8.40 -30.00% 13.80 5.00 4.30% 100.0%

BAF Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2019 A 2017 A 2018 A 2019 A 2017 A 2018 A 2019 A
Blue Sky Alternatives Access Fund (BAF) $157M 0.2824 0.0000 0.0000 23.8532 0.0000 0.0000 6.41% 0.00% 0.00%
Magellan Financial Group (MFG) $9,315M 0.4603 0.0068 0.0927 22.6302 22.4770 20.5701 3.62% 4.08% 4.48%
Netwealth Group (NWL) $2,125M 0.7917 0.2100 0.2309 59.0489 48.7991 39.6452 1.35% 1.63% 2.00%
Pendal Group (PDL) $2,321M 0.1207 -0.2883 0.1010 9.9764 14.0183 12.7324 7.23% 6.29% 6.75%
Platinum Asset Mgmt (PTM) $2,394M -0.1752 -0.0163 0.0320 15.0943 15.3441 14.8688 6.62% 6.31% 6.56%

BAF Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.23 23.50 0.70 0.00
Market 0.64 17.80 1.26 1.32
Sector 0.88 16.40 1.05 2.24

BAF Directors

Name Position Start Date
Mr John Baillie Non-Executive Director 29 Nov 2018
Mr Miles Staude Non-Executive Director 28 Jun 2019
Mr Kym Evans Non-Executive Director 29 Nov 2018
Mr Michael Anthony Cottier Non-Executive Director, Non-Executive Chairman 17 Feb 2017

BAF Management

Name Position
Jane Prior Company Secretary

BAF Substantial Shareholders

Holding Name
24,308,269 (11.70%) HSBC Custody Nominees (Australia) Limited
13,400,324 (6.40%) BNP Paribas Nominees Pty Ltd

BAF Calendar of Events

Date Event
28 August 2020 Report (Prelim)
26 February 2020 Report (Interim)
25 October 2019 Report (Annual)
25 September 2019 Div Pay Date

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