Cordish Dixon Private Equity Fund I (CD1) - Research

$1.900 0.06 (3.26%)

CD1 General Information +

ASX Code CD1
Website http://www.cordishdixonfunds.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) N:A
Current Price $1.900
Day High $1.900
Day Low $1.860
Last Close $1.840
Price Movement $0.06 ( 3.26% )
Prices as at 16:40, 19 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

CD1 Company Overview

Business Description

Cordish Dixon Private Equity Fund I (ASX.CD1) was listed in August 2012 and is fully committed, having raised a total of US$60 million. The Cordish Family invested US$10m alongside and on the same terms as Fund I in the limited partnership, U.S. Select Private Opportunities Fund, L.P (LP1). The portfolio includes nine underlying fund managers diversified across the US economy.

CD1 Financial Summary

Year to Mar NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2019 A 16.80 43.10 116.60% 4.10 21.50 12.30% 0.0%
2018 A 7.75 19.90 40.10% 9.80 29.00 14.80% 0.0%
2017 A 5.54 14.20 41.80% 15.20 41.00 19.00% 0.0%

CD1 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
Cordish Dixon Private Equity Fund I (CD1) $72M 1.1655 0.0000 0.0000 4.2741 0.0000 0.0000 11.68% 0.00% 0.00%
Magellan Financial Group (MFG) $10,014M 0.3568 0.2415 0.0692 36.5286 29.4225 27.5182 2.38% 3.05% 3.26%
Netwealth Group (NWL) $1,854M 0.0000 0.7112 0.3444 92.3077 53.9419 40.1235 0.69% 1.46% 1.96%
Pendal Group (PDL) $2,321M 0.1207 -0.2846 0.1059 10.1290 14.1583 12.8025 7.12% 6.27% 6.61%
Platinum Asset Mgmt (PTM) $2,787M 0.0325 -0.1572 0.0348 14.4950 17.1977 16.6200 6.74% 5.68% 5.79%

CD1 Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.20 4.41 0.98 0.00
Market 0.68 14.80 1.18 1.00
Sector 0.94 13.70 1.04 2.38

CD1 Directors

Name Position Start Date
Ms Hannah Chan Company Secretary 1 Jan 0001
Mr Alexander Gen MacLachlan Non-Executive Chairman, Non-Executive Director 15 Mar 2011
Mr Michael (Mike) Adams Non-Executive Director 9 Jul 2018
Mr Warwick Keneally Non-Executive Director 16 May 2017

CD1 Management

Name Position
Caroline Purtell Company Secretary

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