Australian Low Leverage High Rewards

Sugar Terminals

Market Cap: AU$352.8m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

DEXUS

Market Cap: AU$7.1b

Dexus (ASX: DXS) is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $53.4 billion.

Bisalloy Steel Group

Market Cap: AU$178.9m

Engages in the manufacture and sale of quenched and tempered, high-tensile, and abrasion resistant steel plates in Australia, Indonesia, Thailand, and internationally.

Lycopodium

Market Cap: AU$401.0m

Provides engineering and project delivery services in the resources, rail infrastructure, and industrial processes sectors in Australia.

Accent Group

Market Cap: AU$835.6m

Engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand.

Charter Hall Social Infrastructure REIT

Market Cap: AU$1.1b

Charter Hall Social Infrastructure REIT is the largest Australian ASX-listed real estate investment trust (A-REIT) that invests in social infrastructure properties.

Fiducian Group

Market Cap: AU$299.9m

Through its subsidiaries, provides financial services in Australia.

Nick Scali

Market Cap: AU$1.5b

Engages in sourcing and retailing of household furniture and related accessories in Australia, the United Kingdom, and New Zealand.

Inner East Community Finance

Market Cap: AU$3.3m

Provides community banking products and services in Australia.

Lindsay Australia

Market Cap: AU$228.4m

Provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia.

Fortescue

Market Cap: AU$47.5b

Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

Imperial Pacific

Market Cap: AU$8.9m

A publicly owned asset management holding company.

MFF Capital Investments

Market Cap: AU$2.6b

An investment firm manager.

Globe International

Market Cap: AU$124.8m

Designs, produces, and distributes purpose-built apparel, footwear, and skateboard hardgoods for the boardsports, street fashion, outdoor, and workwear markets in Australasia, North America, Europe, and internationally.

Super Retail Group

Market Cap: AU$3.2b

Engages in the retail of auto, sports, and outdoor leisure products in Australia and New Zealand.

National Storage REIT

Market Cap: AU$3.2b

National Storage is the largest self-storage provider in Australia and New Zealand, with over 260 centres providing tailored storage solutions to over 97,000 residential and commercial customers.

Vita Life Sciences

Market Cap: AU$131.0m

A healthcare company, engages in formulating, packaging, distributing, and selling vitamins and supplements in Australia, Singapore, Malaysia, Thailand, Vietnam, Indonesia, and China.

Nido Education

Market Cap: AU$158.3m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

BWP Trust

Market Cap: AU$2.5b

Established and listed on the Australian Securities Exchange (“ASX”) in 1998 (see prospectus), BWP Trust (“BWP” or “the Trust”) is a real estate investment trust investing in and managing commercial properties throughout Australia.

AGL Energy

Market Cap: AU$6.6b

Engages in the supply of energy and other essential services to residential, business, and wholesale customers in Australia.

Centrepoint Alliance

Market Cap: AU$77.6m

Provides financial services in Australia.

Australian United Investment

Market Cap: AU$1.4b

A publicly owned investment manager.

GWA Group

Market Cap: AU$620.6m

Researches, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, and internationally.

Atlas Arteria

Market Cap: AU$7.4b

Owns, develops, and operates toll roads in France, Germany, and the United States.

Cleanaway Waste Management

Market Cap: AU$6.0b

Provides waste management, industrial, and environmental services in Australia.

Yancoal Australia

Market Cap: AU$7.7b

Engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Australia, China, Japan, Taiwan, South Korea, Thailand, Vietnam, Malaysia, India, Europe, Israel, Chile, Indonesia, Cambodia, and Bangladesh.

Northern Star Resources

Market Cap: AU$26.2b

Engages in the exploration, development, mining, and processing of gold deposits.

Ricegrowers

Market Cap: AU$723.4m

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

CTI Logistics

Market Cap: AU$143.0m

Provides transport and logistics services in Australia.

Service Stream

Market Cap: AU$1.2b

Engages in the design, construction, operation, and maintenance of infrastructure networks across the telecommunications, utilities, and transport sectors in Australia.

Cryosite

Market Cap: AU$36.4m

Provides outsourced clinical trials logistic services in Australia.

Magellan Financial Group

Market Cap: AU$1.5b

A publicly owned investment manager.

Southern Cross Electrical Engineering

Market Cap: AU$473.3m

Provides electrical, instrumentation, communications, security, and maintenance services and products to resources, commercial, and infrastructure sectors in Australia.

SDI

Market Cap: AU$99.8m

Engages in the research and development, manufacture, and marketing of dental restorative materials, whitening systems, and other dental materials in Australia, Europe, the United States, and Brazil.

Kina Securities

Market Cap: AU$369.7m

Provides commercial banking and financial, fund administration, investment management, and share brokerage services in Papua New Guinea.

Sandon Capital Investments

Market Cap: AU$115.5m

A publicly owned investment manager.