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 a minimum of 30 long holdings). The Fund may use derivatives predominantly to establish short positions in securities or market indices and thus reduce the Fund's net exposure to markets, and to hedge currencies. Derivatives may also be used to amplify high conviction ideas. In the absence of finding individual securities that meet Antipodes' investment criteria, cash may be held. The Fund aims to provide income and some capital growth over the long-term.
Key Terms
Status:
Open
Inception Date:
Jul 2015
Strategy:
Equity Long/Short
Style:
Blend
Geography:
Global
Domicile:
Australia
Investors:
Wholesale
Min. Investment:
AU$ 25,000
Distributions:
Annually
Applications:
Daily
Fund Size:
AU$ 1,896m
Management Fee:
1.20%
Manager FUM:
AU$ 8,000m
Performance Fee:
15.00%
Key Statistics
Fund
Index*
Fund
Index*
Mar 2024:
3.90%
3.01%
Sharpe1:
0.89
0.94
1 Year:
8.60%
26.01%
Sortino1:
1.48
1.47
3 Years1,2:
6.91%
12.56%
Best Month1:
7.32%
7.49%
5 Years1,2:
7.99%
12.82%
Worst Month1:
-6.00%
-8.08%
Inception1,2:
9.62%
11.88%
Volatility1,2:
9.06%
10.97%
Up-Capture1:
41%
N/A
Down-Capture1:
62%
N/A
*All Countries World Index (AUD), 1Since Dec 2014, 2Annualised
Cumulative Returns
Fund Index
Antipodes Global 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
Antipodes Global 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.