foragerfunds.comForager Funds Management - International and Australian Shares Funds

-- -- -- × -- -- Click here to view our December 2020 Quarterly Report → Contact Advisors Investor Login Menu Subscribe Invest About About us Our Team Funds Forager Australian Shares Fund Forager International Shares Fund Reports Forager Australian Shares Fund Forager International Shares Fund Documents Forager Australian Shares Fund Forager International Shares Fund Insights About About us Our Team Funds Forager Australian Shares Fund Forager International Shares Fund Reports Forager Australian Shares Fund Forager International Shares Fund Documents Forager Australian Shares Fund Forager International Shares Fund Insights Learn More -- Login December 2020 Quarterly Report Read the latest quarterly report to gain an insight into what has driven the performance in both Funds plus new ideas the team have come across. READ REPORT The Year That Was for the International Shares Fund Steve Johnson is joined by Gareth Brown and Harvey Migotti as they reflect on the key contributors to the Fund’s success over the last year. WATCH VIDEO Previous Next We invest in Australian and International share markets on behalf of long-term investors. Find out more about our funds and investment strategy. About Forager Our Funds Forager manages two funds – an Australian Fund and an International Fund. Both funds aim to invest in undervalued businesses. Both funds aim to invest for the long term. Both have concentrated portfolios. The Australian Fund is structured as a Listed Investment Trust (LIT) and trades on the ASX. The International Fund is a managed unit trust and is open for new applications. ABOUT US Investing Our strategy We invest in businesses, not share prices. Our strategy is to find businesses that we believe are undervalued. Businesses we believe will deliver value in the long term. We look for unloved and often under-researched businesses. These are opportunities that we hope others will miss. Part of our strategy is to restrict the amount of funds under management. This enables Forager to remain nimble and to jump on new opportunities quickly. READ MORE Our funds FORAGER FUNDS International Fund × Forager Funds - International Fund Strategic Overview Concentrated portfolio of global equities A combination of large liquid resilient businesses With smaller value based opportunities Flexible mandate allows for a wide range of markets Investment team with deep pockets of expertise Weekly applications and redemptions Performance (net of fees) as at 31 December 2020 38.26% 1 year 16.23% p.a 3 year 15.95% p.a 5 year 1.24%* Management & expense recovery fee (p.a) 12.53%* Performance fee (on returns above benchmark) LEARN MORE View historical unit prices *As at 30 September 2020. Please refer to the Product Disclosure Statement for a detailed break down of fees and costs. Inception date 8 February 2013. FORAGER FUNDS Australian Fund × Forager Funds - Australian Fund Strategic Overview Concentrated portfolio of ASX-listed stocks Long track record in identifying unloved gems Restricted fund size allows small-cap investments Strong focus on minimising portfolio risks Structure offers flexibility in distressed markets Listed on ASX as a Listed Investment Trust (LIT) Performance (net of fees) as at 31 December 2020 21.63% 1 year 0.42% p.a 3 year 7.99% p.a 5 year 1.1%* Management & expense recovery fee (p.a) 10%* Performance fee (on returns over 8% p.a) LEARN MORE ASX (FOR) Investor Center View historical unit prices *Please refer to the Product Disclosure Statement for a detailed break down of fees and costs. Ready to make an investment? Find out how to invest now Past performance is not an indicator of future performance. The Trust Co (RE Services) Limited, Fundhost Limited and Forager Funds Management do not guarantee investment performance or distributions, and the value of your investment may rise or fall. Looking to invest? Start Now Latest Blog Posts Read more 25 Jan 2021 Forager The Year That Was for the Australian Shares Fund 19 Jan 2021 Harvey Migotti A Sweet Investment 14 Jan 2021 Steve Johnson Why Inflation Might Return and Why You Need to Worry About It 04 Jan 2021 Forager Forager’s 2020 Wrap Up Read more Our Funds International Shares Fund Australian Shares Fund Int Fund Reports Aus Fund Reports Company About Team Insights Media Documentation Terms & Conditions Financial Services Guide Privacy Policy Cookie Policy Stay Connected Subscribe to updates *PLEASE NOTE: Past performance is not indicative of future performance. The Trust Co (RE Services) Limited, Fundhost Limited and Forager Funds Management do not guarantee investment performance or distributions, and the value of your investment may rise or fall. **Where the MSCI AC Index is cited, this refers to the MSCI All Country World Investable Market Index (Net) in Australian dollars. Copyright © 2021 Forager Funds Management Pty Ltd (ABN 78 138 351 345). Australian Financial Services Licence (AFSL) No. 459312. PO Box R1848, Royal Exchange, NSW 1225. Ph: (02) 8277 4812. General advice only Forager Funds Management provides general information to help you understand our investment approach. Any financial advice we provide has not considered your personal circumstances and may not be suitable for you. Product Disclosure Statement The Trust Company (RE Services) Limited (ABN 45 003 278 831 and AFSL No. 235150) is the Responsible Entity and the issuer of the Forager Australian Shares Fund (ARSN No. 139 641 491). Fundhost Limited (ABN 69 092 517 087 and AFSL No. 233045) is the Responsible Entity and the issuer of the Forager International Shares Fund (ARSN No. 161 843 778). Before investing you should read the relevant Product Disclosure Statement and seek advice from investment and taxation professionals to determine if the product is appropriate for your needs. Performance Past performance is not a reliable indicator of future performance. The Trust Company (RE Services), Fundhost and Forager Funds Management do not guarantee investment performance or distributions, and the value of your investment may rise or fall. Total returns and estimated valuations have been calculated using the mid-point of unit prices, before taxation, after ongoing fees, and assuming reinvestment of distributions. We encourage you to think of investing as a long-term pursuit. Disclaimer To the extent permitted by law, The Trust Company (RE Services), Fundhost and Forager Funds Management, their officers, employees, consultants, advisers and authorised representatives, are not liable for any loss or damage arising as a result of any reliance placed on this document. Information has been obtained from sources believed to be reliable, but we do not represent it is accurate or complete, and it should not be relied upon as such. Forward Looking Statements Sometimes, forward-looking statements are made which reflect the expectations of Forager Funds Management about the future prospects of companies held within the portfolios of the funds. While Forager Funds Management considers its expectations to be based on reasonable grounds, there is no guarantee that those expectations will be met. Actual performance of the portfolio companies will be impacted by a variety of factors, including circumstances that cannot be foreseen, and could differ significantly from the expectations of Forager Funds Management. These statements should therefore not be relied upon as an accurate representation or prediction as to any future matters. Where portfolio companies do not perform in line with Forager Funds Management’s expectations, the funds could be adversely impacted. Security & Privacy Beware of Email Phishing – Unless notified in advance, Forager Funds Management do not request personal or financial information via email and will never send links or attachments asking you to send us this information. If you believe you have received a suspicious email, please contact us asap. Cookies – For users in the UK who are protected un...