1Y Performance
YTD as at
31 August 2026
Investment Returns
Since inception November 2018
Dividend Yield
Fully Franked*
Donation Amount
Includes donations made by Sohn Hearts & Minds Conference
Portfolio commentary
August 2026
All figures as at
31 August 2026
The HM1 portfolio was up 0.6% for the month of August, and since inception it has delivered an annualised pre-tax investment return of 10.3% p.a. As at 31 August, its annualised dividend yield was 6.5%, fully franked. August’s strongest contributors were SLB (+21%), SAP (+21%) and Monday.com (+16%). The weakest performers were Brookdale Senior Living (-19%) and Steel Dynamics (-7%).
FY26 Results & Dividend
We recently released our FY26 Results announcement, declaring an increased final fully franked dividend of 10.0 cents per share, payable on 15 October 2026. We suggest shareholders log into InvestorServe, to ensure their bank account details are up to date for payment. You can read the the full results announcement here.
Sohn Hearts & Minds Conference
We’re also excited to announce Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners, as the headline speaker for Sohn Hearts & Minds in Queenstown on 6 November. The program will also feature Isaac Kim of Lightspeed Venture Partners and Bobby Yazdani of Cota Capital.
Also joining the program are our first six fund managers, who will pitch their highest-conviction investment ideas, with the selected ideas forming the HM1 Conference Portfolio for the following 12 months. Limited tickets are available here.
Performance
1m
6M
1Y
3Y p.a.
SINCE INCEPTION
p.a.
Increased fully franked dividend of 10.0cps payable in October
Portfolio holdings
Top 10 Core Portfolio
Swire Pacific (0019.HK)
Sector: Industrials
Swire Pacific is a Hong Kong-based conglomerate with diversified operations across property, aviation, beverages, and trading businesses. The group owns and operates commercial real estate, aircraft services, and beverage distribution, with a focus on Greater China and Southeast Asia.
Conference Portfolio Holdings
Top 10 Holdings and Conference Holdings percentages shown above do not represent the full portfolio. Only selected holdings have been displayed for latest performance purposes.
Past Monthly Updates
ASX Announcements
Investor Login
Dividends
Shareholder Comms
Reports & Policies
* All figures as at 31 August 2026 unless otherwise stated. Performance since inception: Fund inception 14 Nov 2018. Fully Franked Dividend Yield: Annualised fully franked dividend of 20.0cps divided by share price on 31 August 2026. HM1 Investment Performance is calculated after expenses and before Australian taxes. Inception 14 Nov 2018. Past performance is not a reliable indicator of future returns.
This is general information only and does not consider your objectives, financial situation, or needs. You should read the relevant offer documents and seek independent financial advice before making any investment decisions. All investments carry risk, including the potential loss of capital. Past performance is not a reliable indicator of future returns. Hearts and Minds Investments Limited is a Corporate Authorised Representative (CAR No. 1317870) of Capital Matters RE Services Limited (AFSL No. 563036).
