Benefits of investing in the Talaria Global Equity Fund

• Access to an experienced team of global equities managers who apply in-depth research and analysis to stocks with potential for better returns;

• Exposure to investment opportunities in global sharemarkets that may not otherwise be available to individuals;

• Potential for positive returns regardless of Australian sharemarket conditions; and

• Dividends paid quarterly.

Risk level

High

Investor suitability

This Fund is typically suited to investors who:

• seek an opportunity for capital growth over the medium to long term;
• feel comfortable with potential volatility of global sharemarkets and foreign currency exposure;
• are looking to add global equities to their existing portfolio; and
• have at least a five-year investment outlook.

About the Fund

The investment process behind the Talaria Global Equity Fund takes a high conviction, value biased approach to construct a portfolio of high quality, large cap companies from around the globe. Our unique investment methodology harnesses the benefits of consistent income generation and capital appreciation to grow investors' real wealth.

Talaria's investment strategy aims to produce investment returns through a combination of capital appreciation and income generation.

We believe the most compelling way to compound clients' wealth is by utilising multiple return sources to deliver superior risk-adjusted investment outcomes

1. Long-term compounding of investor wealth
2. Multiple sources of return
3. Quarterly distributions
4. Risk focused investment mindset

How we invest your money

The Fund typically has between 15 and 45 holdings (comprising stocks and options) and can invest up to 100% of its assets in international equities, including direct holdings in shares and option positions over equities, which are fully backed by cash.

The Fund restricts exposure to any individual company to a maximum of 10% of the net assets of the Fund. Cash that is not used to back option positions is restricted to a maximum of 20% of the net assets of the Fund. Cash used to back options may be held at the relevant overseas option clearing house in the relevant foreign currency.

The Fund invests in shares traded on regulated developed market stock exchanges. There are no individual country exposure limits. The Fund may also hold Australian and foreign cash investments.

Talaria generally invests in equities it believes are trading at least 20% under their intrinsic value. As such, a percentage of returns are produced from the market realising Talaria's value view and the Fund's shareholdings appreciating.

Talaria's implementation process sells options as a mechanism to buy and sell shares. This process generates option premiums which add to the Fund's return. the receipt of option premium may allow the Fund to achieve a positive return even when markets are flat.