Fact Sheet
As at March 2024
As at March 2024
Frazis Fund
Manager Summary
Frazis Capital Partners ran a global long/short strategy from June 2016 to June 2018 that returned 38% net. The strategy was relaunched as an Australian unit trust on 1 July 2018.
Michael Frazis, the fund's Chief Investment Officer, is responsible for the fund's investments. He has over 10 years' experience in public markets. For the first 5 years of his career he worked for a private equity firm analysing listed and unlisted investments across the capital structure in the UK, Australia and New Zealand. Michael holds a BA and Master of Chemistry from Oxford University where he was a member of Magdalen College.
Michael Frazis, the fund's Chief Investment Officer, is responsible for the fund's investments. He has over 10 years' experience in public markets. For the first 5 years of his career he worked for a private equity firm analysing listed and unlisted investments across the capital structure in the UK, Australia and New Zealand. Michael holds a BA and Master of Chemistry from Oxford University where he was a member of Magdalen College.
Strategy Summary
The Frazis Fund is a thematic long/short global equity fund, with a macro overlay. The Fund invests in what Frazis believe to be the fastest growing and most loved companies on the planet, across technology and the life sciences.
The manager follows a disciplined, process-driven, and thematic strategy focused on five core investment strategies: Growth stocks that are really value stocks; Traditional deep value; The life sciences; Miners and drillers expanding production into supply deficits; Global special situations.
The manager follows a disciplined, process-driven, and thematic strategy focused on five core investment strategies: Growth stocks that are really value stocks; Traditional deep value; The life sciences; Miners and drillers expanding production into supply deficits; Global special situations.
Key Terms
| Status: | Open | Inception Date: | Jul 2018 |
| Strategy: | Equity Long/Short | Style: | Blend |
| Geography: | Global | Domicile: | Australia |
| Investors: | Wholesale | Min. Investment: | US$ 100,000 |
| Distributions: | Annually | Applications: | Monthly |
| Fund Size: | AU$ 87m | Management Fee: | 1.50% |
| Manager FUM: | AU$ 87m | Performance Fee: | 20.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 1.00% | 3.01% | Sharpe1: | 0.16 | 0.94 |
| 1 Year: | 47.40% | 26.01% | Sortino1: | -0.05 | 1.41 |
| 3 Years1,2: | -21.09% | 12.56% | Best Month1: | 24.90% | 7.49% |
| 5 Years1,2: | 2.23% | 12.82% | Worst Month1: | -27.80% | -8.08% |
| Inception1,2: | 0.14% | 12.28% | Volatility1,2: | 38.36% | 11.60% |
| Up-Capture1: | 224% | N/A | Down-Capture1: | 174% | N/A |
Cumulative Returns Fund Index
Frazis Fund - Cumulative Performance vs All Countries World Index (AUD)
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Alternative - Global Peer Group (90 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Frazis Fund
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.