The NAOS Emerging Opportunities Company (NCC) offers investors the ability to gain exposure to Australian emerging companies (ASX ex 100) which have a long-term demonstrated track record of performing. The investment approach we adopt is concentrated and long/short in nature, focusing only on investments we believe will be value accretive for shareholders. We place primary emphasis on protecting investors' capital and to that end have the flexibility to hold up to 100% of the portfolio in cash. We understand the importance of providing our investors with regular tax-effective income and as such we have sought to build on the dividend profile of the Company over time. [Less]