Annual Shareholders' Meeting Ellerslie Event Centre, Auckland 10:30am
23 OCTOBER 2020
Interim Period End
31 DECEMBER 2020
ABOUT BARRAMUNDI
Barramundi Limited ("Barramundi" or "the Company") is a listed investment company that invests in growing Australian companies. The Barramundi portfolio is managed by Fisher Funds Management Limited ("Fisher Funds" or "the Manager"), a specialist investment manager with a track record of successfully investing in quality, growth companies. Barramundi listed on NZX Main Board on
26 October 2006 and may invest in companies that are listed on an Australian stock exchange (with a primary focus on those outside the top 20 at the time of investment) or unlisted companies.
INVESTMENT OBJECTIVES
The key investment objectives of Barramundi are to:
achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the directors; and
provide access to a diversified portfolio of Australian quality, growth stocks through a single tax efficient investment vehicle.
INVESTMENT APPROACH
The investment philosophy of Barramundi is summarised by the following broad principles:
invest as a medium to long-term investor exiting only on the basis of a fundamental change in the original investment case;
invest in companies that have a proven track record of growing profitability; and
construct a diversified portfolio of investments, based on the 'STEEPP' investment criteria (see pages 10 and 11).
This report is dated 7 September 2020 and is signed on behalf of the Board of Barramundi Limited by Alistair Ryan, Chair, and Carmel Fisher, Director.
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2020 Report Annual Limited Barramundi|
Alistair Ryan, Chair
Carmel Fisher, Director
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2020 Report Annual Limited Barramundi|
AT A GLANCE
For the 12 months ended 30 June 2020
Net profit
Gross performance return Total shareholder return
Adjusted NAV return
$12.5M +13.5% +21.6%
+10.6%
As at 30 June 2020
Share price
NAV per share
$0.69 $0.68
DIVIDENDS PAID
Dividends paid during the year ended 30 June 2020 (cents per share)
Total for the year ended 30 June 2020 5.56 cents per share (2019: 5.38 cps)
1.39
1.44
1.45
1.28
26 September
19 December
27 March
26 June
2019
2019
2020
2020
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Barramundi Ltd. published this content on 24 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 September 2020 00:29:03 UTC
Barramundi Limited is a New Zealand-based investment company that invests in growing Australian companies. The Company's investment objectives are to achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the directors; and provide access to a diversified portfolio of Australian quality, growth stocks through a single tax-efficient investment vehicle. It offers investors access to a managed portfolio with a diversified exposure to the Australian equity market. It may invest in companies listed on the Australian Securities Exchange or unlisted companies. It invests in growing Australian companies and its portfolio holds between 25 and 35 stocks. The Company invests in various sectors, including materials, industrials, consumer staples, financials, health care, information technology, communication services, cash and derivatives, and consumer discretionary. The Company's investment manager is Fisher Funds Management Limited.
BARRAMUNDI LIMITED 
