Signature Capital Investments (SGI)

Shares / Stock Code

SGI

Stock Exchange / Sharemarket

ax

Signature Capital Investments (SGI) is an absolute-return company launched in October 2004 and listed in December 2005. It provided investors with an opportunity to invest in up to four times leveraged exposure to the Lighthouse Diversified Fund Limited - Offshore Fund. The deterioration in global financial markets in FY09 adversely impacted the SGI's investment portfolio. Since then there have been major changes implemented. SGI listed on the Australian stock market on 6 December, 2005. The name of the fund was changed from HFA Accelerator Plus (HAP) to Signature Capital Investments Limited in July 2010. Investors can buy and sell Signature Capital Investments shares on the Australian Stock Exchange (ASX).

HAP's fund manager HFA, is a funds management company which manages over A$1.18 billion and is the responsible entity of 8 absolute return funds. Small share funds, institutions and retail investors are the major shareholders/customers of listed investment companies. There is substantial cross ownership within the listed investment company sector. Australian Foundation Investment Company (AFI) and Argo Investments Limited (ARG) dominate the listed investment company sector in terms of market capitalisation.

Signature Capital Investments (SGI)'s objective is to generate superior returns over the long term across all market conditions via exposure to the performance of a diversified portfolio of international absolute return funds. Absolute return funds are funds that aim to deliver positive returns in rising markets as well as avoiding negative returns in falling markets.