Ophir High Conviction Fund (ASX:OPH)
The Ophir High Conviction Fund is accessible via the ASX and is a concentrated long only, small and mid cap Australian equities fund.
$222.514321421
$
0
.0333
/
0
.4222
%
Current Time
+13.6% p.a.
As at 31 October 2024
+224.4%
August 2015
Ophir High Conviction Fund (ASX:OPH)
Utilising our extensive fundamental, bottom-up research process, the Ophir High Conviction Fund focuses on identifying high quality 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
Current Unit Price
| Price | Movement +/- | Volume | Daily High | Daily Low | 52 Week Range | Market Cap. |
|---|---|---|---|---|---|---|
| / |
Net Asset Value as at 15 November 2024
| NAV per Unit | ||||||
|---|---|---|---|---|---|---|
| $3.2528 |
NAV Performance as at 31 October 2024
| Since Inception (p.a.) | 5 Years (p.a.) | 3 Years (p.a.) | 1 Year | 3 Month | 1 Month | |
|---|---|---|---|---|---|---|
| Fund Return (Net)^^ | 13.6% | 8.7% | 0.5% | 31.9% | 7.4% | 3.7% |
| Benchmark* | 9.3% | 7.5% | 2.5% | 25.6% | 3.2% | -0.8% |
| ASX:OPH Unit Price Return † | n/a | 6.8% | -7.5% | 25.4% | 4.6% | 0.0% |
“Zenith has confidence in the ability of Ophir to deliver on the Fund’s investment objectives given its high-calibre investment team”
“The Manager has strong discipline with regards to capacity constraint to preserve the effectiveness of the strategy over the long-term”
“The investment team is well aligned with investors and demonstrate high skill and enthusiasm in executing on a proven investment process”
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned February 2024) 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.
This research rating requires to be read with the full research report that can be found on the issuers website (or upon request) together with our full disclaimer that is found on the front cover of our research note. We require readers of our research note to obtain advice from their wealth manager before making any decisions with respect to the recommendation on this note. The note is not general advice just financial information without having regard too the financial circumstances of the reader.
The rating issued 10/2023 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
| ASX Code | OPH |
| Benchmark | 50% S&P/ASX Small Ordinaries Accumulation Index (XSOAI) 50% S&P/ASX Midcap 50 Accumulation Index (XMDAI) |
| Responsible Entity | The Trust Company (RE Services) Limited |
| Investment Manager | Ophir Asset Management Pty Ltd |
| Portfolio Managers | Andrew Mitchell & Steven Ng |
| Inception Date | August 2015 |
| Stock Holdings | 20-40 Stocks |
| Cash Distributions | Annually |
| Client Risk Profile | Growth |
| Recommended Investment Period | At least 5 years |
Distribution/Dividend History
| Distribution Date | Distribution rate – cents per unit | Period |
|---|---|---|
| 30 June 2024 | 0.074985 | Financial year ending 30 June 2024 |
| 30 June 2023 | 0.111494 | Financial year ending 30 June 2023 |
| 30 June 2022 | 0.15186 | Financial year ending 30 June 2022 |
| 30 June 2021 | 0.384703 | Financial year ending 30 June 2021 |
| 30 June 2020 | No distribution | Financial year ending 30 June 2020 |
| 30 June 2019 | 0.1082 | Financial year ending 30 June 2019 |
| 30 June 2018 | 0.0254 | Financial year ending 30 June 2018 |
| 30 June 2017 | 0.00926 | Financial year ending 30 June 2017 |
| 30 June 2016 | No distribution | Financial year ending 30 June 2016 |
How to Invest
1. Speak to your financial advisor or broker OR visit your online trading platform
Access ‘OPH’ units via your financial adviser, broker or preferred online trading platform (eg. CommSec, NAB Trade, Westpac Broking, ANZ Broking).
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.
The NAV of the Ophir High Conviction Fund is released weekly to the ASX. This can be accessed on the Ophir website under ‘ASX Announcements’. Investors can view the share price on the Ophir website on a delayed basis, or via the ASX.
The Ophir High Conviction Fund’s ASX code is OPH.
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.
As an ASX-listed investment trust, investors can sell units on the ASX via their financial adviser, broker or online trading platform.
The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235150 (Responsible Entity) is the responsible entity of Ophir High Conviction Fund (the Fund). This website has been prepared by Ophir Asset Management Pty Ltd ABN 88 156 146 717 AFSL 420 082 (Ophir), the investment manager of the Fund and is authorised for release by The Trust Company (RE Services) Limited as responsible entity and the issuer of units in the Trust. The information is of general nature only and has been prepared without taking into your account your objectives, financial situation or needs. Neither the Responsible Entity nor Ophir guarantees repayment of capital or any particular rate of return from the Fund. All opinions and estimates included in this website constitute judgements of Ophir as at the date of the document and are subject to change without notice. Past performance is not a reliable indicator of future performance. Ophir accepts no liability for any inaccurate, incomplete or omitted information of any kind or any losses by using this information.