The Fund will invest in a concentrated portfolio primarily focused on listed small and mid-cap global securities

The Fund aims to generate long-term returns in excess of the MSCI World SMID Index (Net) (AUD) (after fees and before tax) and provide consistent sustainable returns for its investors

Some of the significant benefits include:

• A focus on high quality, growth-orientated businesses, identified through an intensive investment process incorporating rigorous company visitation and proprietary fundamental company analysis;
• The potential for high capital growth through the exposure to smaller companies that are typically in the earlier stages of their business lifecycle;
• Access to the investment experience and expertise of the Ophir investment team;
• Access to sophisticated investment opportunities that individual investors usually cannot achieve (including IPOs, placements and block trades);
• Risk management through the use of active investment management and portfolio construction tools; and
• An ability to add or withdraw your investment monthly

The Fund is generally suited for persons seeking long-term capital growth and those who can tolerate a high level of risk. You should speak with your financial adviser before investing in the Fund.

The Fund seeks to provide investors with a concentrated exposure to high quality listed small and mid-cap companies globally (generally being listed companies with market capitalisation of USD$20 billion or less). While the Fund can invest in emerging markets, Ophir does not typically invest more than 15% of the Fund’s net asset value in markets that are considered emerging markets. Employing an extensive investment process that combines a rigorous company visitation schedule and fundamental bottom-up analysis, the Fund aims to identify businesses operating within structural growth sectors with the ability to deliver ongoing positive earnings revisions. With a bias toward cash generative businesses with sound balance sheets and high quality management teams, the Fund seeks to identify those opportunities early in a company’s investment life cycle, when the listed equity is typically under-researched and under-valued by the
broader investment market.

At times, some securities we acquire may grow to exceed a market capitalisation of USD$20 billion. We may continue to add to these positions. If we consider it appropriate, we may also make initial acquisitions of securities with a market capitalisation of greater than USD$20 billion. The Fund may, where we consider it appropriate, also invest in securities that are likely to be listed in the near future or remain invested in companies that have been delisted.

The Fund aims to generate long-term returns in excess of the MSCI World SMID Index (Net) (AUD) after fees and before tax and provide consistent sustainable returns for its investors. Returns are not guaranteed. 

The Fund will generally hold listed small and mid-cap global securities. The portfolio allocation will generally be:

Ophir actively adjusts the investment mix within the ranges above. The “target” position is where Ophir aims to have the Fund invested given a fairly valued investment market. All other things being equal, the “target” position would be the investment mix of the Fund. Remember the investment mix can change within the ranges significantly and sometimes quickly. 

Ophir applies environmental, social and ethical considerations (including labour standards) and corporate governance (ESG) considerations when selecting, retaining or realising investments in the Fund. However, it does not have a predetermined view about what it regards to be a labour standard or an environmental, social or ethical consideration. Ophir does not apply any specific methodology to measure individual companies with respect to their ESG standing or apply any specific weighting system to the standards or considerations.