Ron Shamgar serves as Head of Australian Equities at TAMIM Asset Management with over 21 years of experience in active ASX investing and a passion for value investing. He joined TAMIM in December 2018 and previously co-founded TBF Investment Management where he managed the TBF Small Cap Value Growth Fund from 2013-2018. Shamgar emphasizes the critical importance of management quality in small-cap investments, stating that the real key in smaller companies is the people running the businesses since they are not yet at mature stages where management doesn't matter. His pragmatic approach includes willingness to exit positions that don't perform as expected rather than fighting market trends.

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The TAMIM Australia Small Cap Income Fund employs a dual-component investment strategy targeting Australian small-cap companies with both value and growth characteristics. The Value Component focuses on companies with at least 4% gross dividend yield, dividend payment history in 3 of the last 5 years, and trading at minimum 20% discount to intrinsic value. The Growth Component targets companies with forecasted 15%+ earnings growth per annum over two years and minimum 1% gross dividend yield. The strategy emphasizes fundamental bottom-up research, multiple valuation techniques, management engagement, and identification of near-term catalysts for share price appreciation while maintaining downside protection through option overlays and cash preservation when suitable opportunities are scarce.

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