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.
+12.3% p.a.
Annualised Return Since Inception (net of fees)
123.0%
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 5 August 2022.
| NAV per Unit |
|---|
| $2.56 |
NAV Performance as at 30 June 2022.
| Since Inception p.a. | 5 Year p.a. | 3 Year p.a. | 1 Year | 3 Month | 1 Month | |
|---|---|---|---|---|---|---|
| Ophir High Conviction Fund^ | 16.2% | 11.7% | 5.1% | -23.3% | -15.3% | -7.5% |
| Benchmark* | 8.4% | 6.6% | 4.0% | -14.2% | -17.6% | -11.7% |
| Value Add (Gross) | 7.8% | 5.1% | 1.1% | -9.1% | 2.3% | 4.2% |
| Fund Return (Net)^^ | 12.3% | 8.8% | 2.2% | -24.6% | -15.6% | -7.6% |
| ASX:OPH Unit Price Return † | n/a | n/a | n/a | -17.0% | -25.0% | -17.0% |
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned
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 Automic Group’s Investor portal:
New users can register for an account by following the below steps:
- Visit investor.automic.com.au
- Select “Ophir High Conviction Fund” from the dropdown list in the Issuer Name Field
- Enter your Holding Number (HIN). This information can be found on your holding statement or by contacting Automic Group on 1300 737 760
- Enter your postcode OR country of residence (only if outside Australia)
- Tick the box “I’m not a robot” and then select “Next”
- Complete the prompts to set up your username and password details
- Once you have successfully logged in, click on:
– Declarations to complete your FATCA/CRS instructions
– Profile to provide your EFT details, TFN/ABN, DRP election and email address
All enquiries relating to your holding in the Ophir High Conviction Fund and/or the administration of these holdings can be directed to Automic Group:
Phone Within Australia: 1300 408 787
Phone Outside Australia: +61 (0) 2 8072 1478
Email: [email protected] The Ophir High Conviction Fund share register is maintained by Automic Group.
DISTRIBUTION/ DIVIDEND HISTORY
| Distribution Date | Distribution rate – cents per unit | Period |
|---|---|---|
| 30 June 2016 | 0.9641 | Financial year ending 30/6/16 |
| 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 |
| 30 June 2020 | No distribution | Financial year ending 30/6/20 |
| 30 June 2021 | 38.4703 | Financial year ending 30/6/21 |
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 Automic Group's Investor Portal: https://investor.automic.com.au/#/home
CORPORATE GOVERNANCE
Corporate governance policies and charters for the Ophir High Conviction below can be accessed via the links below.
