Millinium's Alternatives Fund (MAX) - Research

$5.000

MAX General Information +

ASX Code MAX
Website http://www.milliniumalternatives.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 6
Current Price $5.000
Day High $0.000
Day Low $0.000
Last Close $5.000
Price Movement - ( No change )
Prices as at 16:40, 23 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

MAX Company Overview

Business Description

Millinium's Alternatives Fund (MAX, formerly Van Eyk Blueprint Alternatives Plus Trust) is a feeder fund which invests directly into the unlisted Millinium's Alternatives Fund (the ‘Master Fund'). The Master Fund provides an actively managed exposure to a diversified specialist investment managers and strategies that invest in alternative assets.

MAX Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 0.79 66.10 69.80% 9.80 0.00 0.00% 0.0%
2017 A 0.41 38.90 627.50% 15.90 0.00 0.00% 0.0%
2016 A 0.03 5.40 0.00% 108.70 0.00 0.00% 0.0%

MAX Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Millinium's Alternatives (MAX) $7M 0.6981 0.0000 0.0000 9.0785 0.0000 0.0000 0.00% 0.00% 0.00%
Magellan Financial Group (MFG) $10,271M 0.3568 0.2415 0.0692 37.4653 30.1769 28.2238 2.32% 2.98% 3.17%
Netwealth Group (NWL) $1,861M 0.0000 0.7112 0.3444 92.6627 54.1494 40.2778 0.69% 1.46% 1.95%
Pendal Group (PDL) $2,366M 0.1207 -0.2846 0.1059 10.3233 14.4298 13.0481 6.99% 6.15% 6.49%
Platinum Asset Mgmt (PTM) $2,793M 0.0325 -0.1572 0.0348 14.5255 17.2339 16.6550 6.72% 5.67% 5.78%

MAX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.11 7.57 0.71 0.00
Market 0.65 14.70 1.18 1.04
Sector 0.95 13.90 1.04 2.41

MAX Directors

Name Position Start Date
Mr Tom Wallace Company Secretary, Managing Director 24 Feb 2014
Mr Henry Capra Non-Executive Director 14 Mar 2016
Mr Paul Bray Non-Executive Director 24 Feb 2014

MAX Substantial Shareholders

Holding Name
0 (0%) Not Disclosed in Annual Report

MAX Calendar of Events

Date Event
27 February 2020 Report (Interim)
27 September 2019 Report (Annual)
30 August 2019 Report (Prelim)

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