Fact Sheet
As at March 2024
As at March 2024
Forager Australian Shares Fund (ASX: FOR)
APIR: FHT0009AU
Manager Summary
Forager Funds Management was launched by Steven Johnson in 2009 as Intelligent Investor Funds Management, as part of the Intelligent Investor group which provided value investing advice to retail investors through a subscription based publishing business for the previous 10 years.
Strategy Summary
The Fund is permitted to invest in any ASX-listed security and hold unlisted securities (up to 10%) and as much cash as is deemed appropriate.
The aim to maximise the Fund's expected return whilst taking calculated risks. There is a focus on avoiding permanent capital losses although accept that there are risks of investing in deep value stocks when undertaking research.
The Fund is a concentrated portfolio of 20-30 stocks and is structured as an LIT.
The aim to maximise the Fund's expected return whilst taking calculated risks. There is a focus on avoiding permanent capital losses although accept that there are risks of investing in deep value stocks when undertaking research.
The Fund is a concentrated portfolio of 20-30 stocks and is structured as an LIT.
Key Terms
| Status: | Open | Inception Date: | Oct 2009 |
| Strategy: | Equity Long | Style: | Value |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Retail | Min. Investment: | AU$ 20,000 |
| Distributions: | Annually | Applications: | Weekly |
| Fund Size: | AU$ 161.7m | Management Fee: | 1.00% |
| Manager FUM: | AU$ 496.29m | Performance Fee: | 10.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 1.59% | 3.27% | Sharpe1: | 0.45 | 0.49 |
| 1 Year: | 19.75% | 14.45% | Sortino1: | 0.49 | 0.59 |
| 3 Years1,2: | 4.13% | 9.62% | Best Month1: | 20.57% | 10.21% |
| 5 Years1,2: | 6.74% | 9.15% | Worst Month1: | -39.71% | -20.65% |
| Inception1,2: | 9.51% | 8.24% | Volatility1,2: | 20.14% | 13.40% |
| Up-Capture1: | 73% | N/A | Down-Capture1: | 91% | N/A |
Cumulative Returns Fund Index
Forager Australian Shares Fund (ASX: FOR) - Cumulative Performance vs ASX 200 Total Return
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Long - Small/Mid Cap - Australia Peer Group (94 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Forager Australian Shares Fund (ASX: FOR)
ASX200 Total Return
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.