Hearts and Minds Investments Limited

Hearts and Minds Investments Limited is an Australian listed investment company specializing in constructing a concentrated portfolio of global equities. The company’s core strategy is to leverage high-conviction investment ideas sourced from a select group of top-tier professional fund managers, who contribute their recommendations on a pro bono basis. Typically, about 65% of the portfolio is allocated based on the conviction picks of six core fund managers, while the remaining 35% is derived from annual recommendations presented by prominent fund managers at the Sohn Hearts & Minds Investment Leaders Conference. Distinctively, Hearts and Minds Investments Limited forgoes traditional management fees and instead donates the equivalent of 1.5% of its net assets each year to support Australian medical research organizations, thereby aligning investor interests with philanthropic outcomes. The company maintains a long-only position across approximately 25 to 35 securities in both Australian and international markets, seeking to balance strong investment focus with a positive societal contribution. Given its approach and mission, Hearts and Minds Investments Limited occupies a unique position in the asset management sector, bridging capital markets expertise with health research funding in Australia.