The Vault Series Welcomes Frontaura Capital

The Vault Series Welcomes Frontaura Capital
Hosted by: Distinguished Speaker Series Advisory Group

Please join us in our continuing Vault Series to welcome Nick Padgett, CFA and Co-Founder of Frontaura Capital. 

About Frontaura: 
Frontaura has proven itself as one the world’s best performing frontier markets funds. From its November 2007 investing inception through December 2023, Frontaura topped the total return of the MSCI Frontier Markets Index by a compounded annual 6.9 percentage points after fees. Frontaura applies developed world security analysis to uncover pricing inefficiencies in the world’s least developed stock markets. Frontaura’s investment approach uses both top-down country research to limit exposure to vulnerable currencies and bottoms-up company research to identify businesses with high returns on capital and low leverage, trading at low valuations. Frontaura entered 2024 with a portfolio priced at 5.5 times trailing, as-reported earnings, with a 7.0% weighted average dividend yield, and a weighted average return on ending equity of 23.1%, invested in countries such as Vietnam, Cote d’Ivoire, Namibia, and Tanzania.  Please join us to learn more about the genesis of Frontaura and what to expect in the future. 

Speaker: Nick Padgett, CFA