Antipodes Global Fund - Long Only (Class I)

APIR: WHT0057AU

Manager Summary

Antipodes is a global asset manager offering a pragmatic value approach across long only and longshort strategies. It aspires to grow client wealth over the long-term by generating absolute returns in excess of the benchmark at below market levels of risk. Antipodes seeks to take advantage of the market's tendency for irrational extrapolation, identify investments that offer a high margin of safety and build high conviction portfolios with a capital preservation focus.

Antipodes is majority owned by its investment team.

Strategy Summary

The Fund typically invests in a select number of attractively valued companies listed on global share markets (usually between 20 and 60). The Fund is also permitted to utilise exchange traded derivatives for risk management purposes subject to the specific restrictions that such derivatives cannot be used to gear portfolio exposure and that the underlying effective face value is limited to 10% of the NAV of the Fund unless used to manage currency risk.

Key Terms

Status: Open Inception Date: Jul 2015
Strategy: Equity Long Style: Blend
Geography: Global Domicile: Australia
Investors: Wholesale & Retail Min. Investment: AU$ 25,000
Distributions: Annually Applications: Daily
Fund Size: AU$ 691m Management Fee: 1.20%
Manager FUM: AU$ 8,000m Performance Fee: 15.00%

Key Statistics

Fund Index* Fund Index*
Feb 2024: 5.20% 5.32% Sharpe1: 0.81 0.92
1 Year: 15.89% 27.56% Sortino1: 1.18 1.44
3 Years1,2: 7.60% 12.97% Best Month1: 9.43% 7.49%
5 Years1,2: 8.38% 12.42% Worst Month1: -10.34% -8.08%
Inception1,2: 10.24% 11.63% Volatility1,2: 10.96% 11.00%
Up-Capture1: 66% N/A Down-Capture1: 85% N/A
*All Countries World Index (AUD),   1Since Dec 2014,   2Annualised

General Notes

Historical returns are for the Class I unit class.

Cumulative Returns
Fund Index

Antipodes Global Fund - Long Only (Class I) - Cumulative Performance vs All Countries World Index (AUD)

 

Drawdowns
Fund Index

Drawdown%

 
Fund Index

Quintile Ranking vs. Equity Long - Large Cap - Global Peer Group (160 funds) as at February 2024

1 Year
3 Year
5 Year
7 Year
Antipodes Global Fund - Long Only (Class I)
All Countries World Index (AUD)
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.