Ophir Global High Conviction Fund
The Ophir Global High Conviction is a concentrated long only, small and mid cap global equities fund.
$1.4458
As at 31 August 2024
+10.3% p.a.
September 2020
Ophir Global High Conviction Fund
The Fund typically invests in 20-40 global small & mid cap companies and is benchmarked against the MSCI World SMID Index (Net) (AUD). Utilising Ophir’s extensive fundamental, bottom-up research process, the Fund focuses on identifying high quality emerging businesses exposed to structural growth opportunities.
With a bias toward cash generative businesses with sound balance sheets and highly capable management teams, the Fund seeks to identify these opportunities early in a company’s life cycle, when it is typically under-researched and under-valued by the investment market.
Performance
Monthly Unit Price
| Date | Entry ($) | Mid ($) | Exit ($) | Unit Price History |
|---|---|---|---|---|
| 31/08/2024 | 1.4509 | 1.4458 | 1.4407 | Request via Email |
NAV Performance as at 31 August 2024
| Since Inception (p.a.) | 3 Years (p.a.) | 1 Year | 6 Month | 3 Month | 1 Month | |
|---|---|---|---|---|---|---|
| Fund Return (Net)^^ | 10.3% | -8.2% | 23.9% | 12.3% | 5.2% | -1.1% |
| Benchmark* | 11.7% | 3.7% | 12.0% | 4.0% | 3.4% | -2.1% |
“Zenith has a high degree of confidence in Ophir’s investment team and process. Furthermore, we believe Ophir’s history of prudent capacity management places the Fund in a strong position to deliver upon investment objectives”
“Ophir’s continued ‘Quality-Growth’ approach has been applied over varying investment cycles, is highly applicable to the fund’s universe and is consistent with the long-term outperformance objective”
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned November 2023) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines
The rating issued 05/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.
Fund Details
| APIR Code | PIM4401AU |
| Benchmark | The Trust Company (RE Services) Limited |
| Investment Manager | Ophir Asset Management Pty Ltd |
| Responsible Entity | The Trust Company (RE Services) Limited |
| Portfolio Managers | Andrew Mitchell & Steven Ng |
| Inception Date | September 2020 |
| Stock Holdings | 20-40 Stocks |
| Cash Distributions | Annually (unless an interim distribution is declared, or no distribution is declared) |
| Client Risk Profile | Growth |
| Recommended Investment Period | At least 5 years |
| Fund Status | Fund open to new applications |
Distribution/Dividend History
| Distribution Date | Distribution rate – cents per unit | Period |
|---|---|---|
| 30 June 2024 | No distribution | Financial year ending 30 June 2024 |
| 30 June 2023 | No distribution | Financial year ending 30 June 2023 |
| 30 June 2022 | No distribution | Financial year ending 30 June 2022 |
| 30 June 2021 | 0.4016 | Financial year ending 30 June 2021 |
| 30 June 2020 | No distribution | Financial year ending 30 June 2020 |
| 30 June 2019 | 0.0116 | Financial year ending 30 June 2019 |
How to Invest
1. Read the offer documents
2. Speak to your financial advisor or invest directly
You can access the Ophir Global High Conviction Fund via your financial advisor or by investing directly via our unit registry Automic here.
FAQs
If the Fund pays a distribution, it is generally expected to be paid on an annual basis.
The Fund has a Distribution Reinvestment Plan (DRP) which you can elect to participate in via Automic Group’s Investor Portal. For further information on our DRP visit here.
Investors can access their holding details, distribution statements and relevant administration forms by visiting Automic Group’s Investor Portal.
For further information, you can access Automic Group’s FAQ’s & Investor Forms webpage here.
Yes, it can.
Please download the redemption form here and return it to our unit registry at [email protected]. If you have any questions, please contact us at [email protected] or 02 8188 0397.
The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235150 (Responsible Entity) is the responsible entity and issuer of the Ophir Global High Conviction Fund (the Fund). Ophir Asset Management Pty Ltd ABN 88 156 146 717 AFSL 420 082 (Ophir), is the investment manager of the Fund. The information is of general nature only and has been prepared without taking into your account your objectives, financial situation or needs. Before making an investment decision, you should consider obtaining professional investment advice that takes into account your personal circumstances and should read the current Product Disclosure Statement (PDS) and Target Market Determination (TMD) of the Fund available on this website or by contacting Ophir. Neither the Responsible Entity nor Ophir guarantees repayment of capital or any particular rate of return from the Fund. Past performance is not a reliable indicator of future performance. Any opinions, forecasts, estimates, or projections as to future returns should not be relied on, as they are based on assumptions which may or may not ultimately be correct. Ophir accepts no liability for any inaccurate, incomplete or omitted information of any kind or any losses by using this information. The Trust Company (RE Services) Limited (Level 18, 123 Pitt St, Sydney, NSW, 2000) is a part of the Perpetual group of companies. No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor’s capital.