We are pleased to announce that investors in the Ophir Global Opportunities Fund can now switch between Class A (Unhedged) and Class H (Hedged to AUD) unit classes, giving you greater flexibility to manage your currency exposure over time.
What this means for investors
The Ophir Global Opportunities Fund is available in two monthly priced unit classes:
- Class A — Unhedged exposure to international equities, meaning returns reflect both underlying portfolio performance and movements in foreign currencies relative to the Australian dollar.
- Class H — Currency-hedged exposure, where foreign currency risk is hedged back to AUD, isolating returns to the performance of the underlying portfolio.
Switching between these classes allows investors to adjust their currency positioning as their views or circumstances change, without needing to fully exit and re-enter the fund.
How to switch
Investors can initiate a unit class switch by completing the below “Switch Form“, also available on the Funds webpage. Switch requests must be received by our unit registry, Automic Group, at least three business days prior to month end and will be processed at NAV with no buy/sell spread applied. Please read the Product Disclosure Statement and Reference Guide to which the Switch Form applies.
Important — tax consideration
Investors should be aware that a unit class switch may constitute a Capital Gains Tax (CGT) event. You should consider obtaining professional advice from your financial adviser or tax accountant before proceeding.
Global Opportunities Fund: Switch Form
Please Note: Unit class switching is only available to direct investors and is not available to those invested via an investment platform.