Wilson HTM is planning to launch two separately managed account (SMA) model portfolios later this year.
The company is currently finalising the product disclosure statements for the products and expects to launch the SMAs shortly.
The Wilson HTM Alpha Enhanced SMA will invest in 20 to 30 Australian growth companies and has a strong focus on small to mid-cap companies.
This SMA aims to outperform the S&P/ASX Small Ordinaries Accumulation Index by 8 per cent per year over a three to five-year period.
The product will have a management fee of 1.25 per cent per year and a performance fee of 20 per cent on any excess return above the benchmark.
The company will also introduce the Wilson HTM Core Opportunities SMA, which invests in 20 to 30 large-cap Australian growth companies.
This portfolio aims to outperform the All Ordinaries Accumulation Index by 4 per cent per year over a three to five-year period.
The management fee will be 1.1 per cent per year and this portfolio will attract a performance fee of 10 per cent of any excess return above the benchmark.
The rollout of SMAs follows a large take up of Wilson HTM's managed funds by self-managed super fund (SMSF) investors.
Over the financial year to 30 June 2010, the company's flagship fund, the Priority Growth Fund, attracted inflows of $46 million, bringing the fund's total funds under management (FUM) to $107 million.
"About 52 per cent of them are self-managed super funds," Wilson HTM product manager Sally Douglas said. "The average investment size is between $90,000 to 100,000."
The fund, which invests in small and mid-cap companies, has achieved impressive returns, returning 26.4 per cent after fees since its inception in July 2005.
This is 22.4 per cent better than its benchmark, the Small Ordinaries Accumulation Index, over the same period.
During the global financial crisis the fund also held up well, and Wilson HTM Priority fund manager Sandy Grant attributes the performance to the coal seam gas sector.
"Our company, Wilson HTM, had sponsored a lot of companies in the coal seam gas space," Grant said.
"We basically began that sector by floating Queensland Gas in 2000, so we understood it better than most.
"Our corporate financial department in Wilson HTM undertook a number of corporate raisings. The Priority Growth Fund positioned itself towards that sector quite deliberately, because we thought it was greatly mispriced. That view came to pass, because obviously a number of large companies took the same view."
The fund owned companies such as Queensland Gas and Arrow Energy, both of which were taken over at large premiums to their stock prices at the time.
"It was the majority of the performance of the fund," Grant said. "But we didn't do that in a reckless, roll of the dice kind of way - we did it because we had a long history in and deep understanding of that sector."
Grant plans to close the fund when it has reached $300 million in FUM.
"We've worked out that the capacity of the market that we address is about $600 million, and we are reserving about $300 million in capacity for that product," Grant said.
The company launched a new fund, the Priority Core Fund, three months ago.
This fund has a capacity of about $1 billion and will invest 70 per cent in large companies, with the remainder to be invested in smaller companies.
