The Ophir High Conviction Fund (ASX:OPH)
The Ophir High Conviction Fund is an ASX-listed long only, small and mid-cap Australian equities fund. The Fund typically invests in a concentrated portfolio of 15-30 companies listed outside the S&P/ASX 50. As a Listed Investment Trust, the Fund is accessible on the ASX under ticker code ‘OPH’. Utilising Ophir’s extensive fundamental, bottom-up research process, the 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.
+21.6% p.a.
Annualised Return Since Inception (net of fees)
228.4%
Total Return Since Inception (net of fees)
$2.30
ASX Unit Price As at 4th October 16:57
Change $0.03 / 1.2%
Aug 2015
Inception
OPH
ASX Code
The Ophir High Conviction Fund (ASX:OPH)
Net Return on $100k Invested at Inception.
Current Unit Price
| Price | Movement +/- | Volume | Daily High | Daily Low | 52 Week Range | Market Cap. |
|---|---|---|---|---|---|---|
| / |
Net Asset Value as at 17 September 2021.
| NAV per Unit |
|---|
| $3.62 |
NAV Performance as at 31 August 2021.
| Since Inception p.a. | 5 Year p.a. | 3 Year p.a. | 1 Year | 3 Month | 1 Month | |
|---|---|---|---|---|---|---|
| Ophir High Conviction Fund^ | 26.2% | 20.6% | 20.2% | 34.0% | 18.9% | 11.8% |
| Benchmark* | 13.3% | 12.1% | 11.3% | 30.2% | 8.7% | 4.4% |
| Value Add (Gross) | 12.9% | 8.5% | 8.9% | 3.8% | 10.2% | 7.4% |
| Fund Return (Net)^^ | 21.6% | 17.5% | 16.8% | 31.6% | 17.9% | 11.1% |
| ASX:OPH Unit Price Return | n/a | n/a | n/a | 27.7% | -1.3% | 0.3% |
This information refers to investments in the Ophir High Conviction Fund (ARSN 620 920 201) (Fund). The Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL 235 150) is the responsible entity of, and issuer of units in, the Fund. Ophir Asset Management Pty Ltd (ABN 88 156 146 717) (Ophir) is the manager of the Fund. This information is not designed to be personal financial product advice to any person. No aspect of this information takes into account the objectives, financial situation or needs of any person. Before making an investment decision, you should read the Product Disclosure Statement and (if appropriate) seek professional advice to determine whether the investment is suitable for you. Ophir does not guarantee repayment of capital or any particular rate of return from the Fund. An investment may achieve a lower than expected return and investors risk losing some or all of their principal investment. Past performance is no indication of future performance. The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned <Fund Identifier date/year>) referred to in this document 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 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 http://www.zenithpartners. com.au/RegulatoryGuidelines
HOW TO INVEST
As an ASX-listed investment trust, new and existing investors can purchase or sell units on the ASX via their financial adviser or online trading platform.
1.
READ THE OFFER DOCUMENT The Ophir High Conviction Fund Product Disclosure Statement is available here.
2.
SPEAK TO YOUR FINANCIAL ADVISER OR VISIT YOUR ONLINE TRADING PLATFORM You can access ‘OPH’ units via your financial adviser or preferred online trading platform (eg. CommSec, NAB Trade, Westpac Broking, ANZ Broking).
3.
PURCHASE ON THE ASX Select an amount to invest in ticker code ‘OPH’.
If you have any questions on investing with us, contact us.
ASX ANNOUNCEMENTS
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 | 4 August 2015 |
| Stock Holdings | 15-30 Stocks |
| Cash Distributions | Annually |
| Client Risk Profile | Growth |
| Recommended Investment Period | At least 5 years |
| Fees and Charges | Management Fee: 1.23% per annum of Net Value Performance Fee: 20.5% p.a. of the amount the fund outperforms its benchmark during a performance period, after deduction of other fees and expenses and provided any underperformance from previous periods have been recovered |
INVESTOR CENTRE
Ophir High Conviction Fund investors can access their holding details, distribution statements and all relevant administration forms by visiting Boardroom Pty Ltd’s InvestorServe website:
New InvestorServe users can register for an account in three simple steps:
- Visit investorserve.com.au and select ‘REGISTER NOW’
- Complete the details on your Ophir holding including holding type and securityholder reference number. This information can be found on your holding statement or by contacting Boardroom Pty Ltd on 1300 737 760
- Select ‘REGISTER’ to set up your account.
All enquiries relating to your holding in the Ophir High Conviction Fund and/or the administration of these holdings can be directed to Boardroom Pty Ltd: Phone Within Australia: 1300 737 760 Phone Outside Australia: +61 (0) 2 9290 9600 Email: enquiries@boardroomlimited.com.au The Ophir High Conviction Fund share register is maintained by Boardroom Pty Ltd.
DISTRIBUTION/ DIVIDEND HISTORY
| Distribution Date | Distribution rate – cents per unit | Period |
|---|---|---|
| 30 June 2017 | 0.9261 | Financial year ending 30/6/17 |
| 30 June 2018 | 2.5363 | Financial year ending 30/6/18 |
| 13 November 2018 | 10.8244 | Financial year ending 30/6/19 |
FAQS
As an investment trust, the Ophir High Conviction Fund returns all capital gains, income and franking credits realised by the Fund (less fees) over the 12 months to the end of the Financial Year. This is returned to investors on an untaxed basis.
As an ASX-listed investment trust, new and existing investors can purchase or sell units on the ASX via their financial adviser or online trading platform.
The Ophir High Conviction Fund’s ASX code is OPH.
Ophir High Conviction Fund investors can access their holding details, distribution statements and relevant administration forms by visiting Boardroom Pty Limited’s InvestorServe website: https://www.investorserve.com.au/ophirhighconviction
CORPORATE GOVERNANCE
Corporate governance policies and charters for the Ophir High Conviction below can be accessed via the links below.
