Ophir Global High Conviction Fund

The Ophir Global High Conviction is a concentrated long only, small and mid cap global equities fund.

$1.4470

Class A monthly unit price
As at 30 September 2024

+10.1% p.a.

Class A net return since inception

September 2020

Class A inception date

From the Founders

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

Class A net return on $100,000 invested since inception.
The above chart represents the return on $100,000 invested in the Ophir Global High Conviction Fund at its inception on October 2018, net of all management fees and assuming reinvestment of distributions. No allowance has been made for tax. Please note that past performance is not a reliable indicator of future performance.

Class A Monthly Unit Price

DateEntry ($)Mid ($)Exit ($)Unit Price History
30/09/20241.45211.44701.4419Request via Email

Class B Daily Unit Price

DateEntry ($)Mid ($)Exit ($)Unit Price History
07/11/20241.38391.37911.3743Request via Email
Class B Units in the Fund are only available for direct investment by a master trust, wrap account, managed account, investor directed portfolio service (IDPS), IDPS-like scheme or any other investment service approved by us (collective referred to as a Platform) and by those investors who invest indirectly (as an Indirect Investor) through such Platforms.

NAV Performance as at 30 September 2024

Since Inception (p.a.)3 Years (p.a.)1 Year6 Month3 Month1 Month
Class A (Net)^^10.1%-6.7%32.3%10.5%8.1%0.1%
Benchmark*11.4%4.5%17.3%0.1%5.6%-0.1%
Class B (Net)^^19.9%N/A30.0%8.0%7.0%0.2%
Benchmark*13.3%N/A17.3%0.1%5.6%-0.1%
*MSCI World SMID Index (Net) (AUD). ^^Net Return after all Fees. The figures in the table above assumes reinvestment of distributions.

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

Class AClass B
APIR CodePIM4401AU
PIM9456AU
BenchmarkMSCI World SMID Index (Net) (AUD)MSCI World SMID Index (Net) (AUD)
Investment ManagerOphir Asset Management Pty LtdOphir Asset Management Pty Ltd
Responsible EntityThe Trust Company (RE Services) LimitedThe Trust Company (RE Services) Limited
Portfolio ManagersAndrew Mitchell & Steven NgAndrew Mitchell & Steven Ng
Inception DateSeptember 2020June 2023
Stock Holdings20-40 Stocks20-40 Stocks
Applications/RedemptionsMonthlyDaily
Cash DistributionsAnnually (unless an interim distribution is declared, or no distribution is declared)Annually (unless an interim distribution is declared, or no distribution is declared)
Client Risk ProfileGrowthGrowth
Recommended Investment PeriodAt least 5 yearsAt least 5 years
Fund StatusFund open to new applicationsFund open to new applications.
Investment in Class B units can only be made by Platforms approved by us.

Distribution/Dividend History

Distribution DateClass A Class B Period
30 June 2024No DistributionNo DistributionFinancial year ending 30 June 2024
30 June 2023No DistributionN/AFinancial year ending 30 June 2023
30 June 2022No DistributionN/AFinancial year ending 30 June 2022
30 June 20210.027726N/AFinancial year ending 30 June 2021
Distributions are recorded as dollars per unit.

How to Invest

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:

Class A Applications

Investment in Class B units can only be made by
Platforms approved by us. Platform operators (Operator)
should contact us to discuss the necessary requirements and
obtain the application form.

 

FAQs

Does the Ophir Global High Conviction Fund pay dividends / distributions?

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.

Where can I access and update my holding details?

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.

Does the Ophir Global High Conviction Fund hold Australian stocks?

Yes, it can.

How can I sell my Ophir Global High Conviction Fund units?

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.