We’ve answered the most common questions about Forager, our funds and how we invest. If you can’t find what you’re looking for, our team is always here to help.
Forager is an Australian fund manager specialising in actively managed equity portfolios. We focus on finding undervalued companies, both in Australia and internationally, where we believe the market is getting something wrong.
We manage two Funds:
We are active investors. Rather than tracking an index, we aim to outperform by selecting individual companies we believe are mispriced. That often means our portfolios look very different to the index.
We take a long-term, valuations based approach. We look for businesses trading below what we think they’re worth and are prepared to hold them over a long-term time horizon while that value is realised.
Smaller companies tend to be less researched and more mispriced than larger ones. That creates more opportunities for active investors, but it can also mean more short-term volatility.
Yes. Whilst we like to be mostly invested in equities most of the time, when we can’t find enough attractive opportunities, we are happy to hold cash. It also gives us flexibility to act when markets become volatile.
We focus on understanding each business deeply before investing. We also diversify across industries and geographies, and we avoid excessive borrowing or complex financial structures.
Because we don’t track the index. Our returns are driven by the performance of the companies we own, which can differ significantly from broader market movements.
Volatility is part of investing, particularly in smaller companies. We see it as an opportunity rather than a risk, as it often allows us to buy good businesses at lower prices.
We encourage investors to think in terms of at least 5 years (as per our Target Market Determination - TMD). Our approach is designed to deliver returns over the long term, not quarter to quarter.
The Funds are open to retail and wholesale investors, subject to minimum investment amounts and platform availability.
The minimum investment is $20,000 for a lump sum, or $1,000 per month as part of a recurring payment plan. Lower minimums are available via some platforms.
You can apply for the Funds through the online application forms hosted on our website. The applications are processed by Automic Group Pty Ltd, who are the registry for the Funds. You will need certain ID documents, depending on the entity you are applying with (Self managed super fund, individual account etc)
Yes. You can add to your investment at any time, either as a lump sum or through regular contributions. Once the first application is made and an investing account has been set up, future contributions are very straightforward.
You can view your investments in Forager through an investor portal hosted by Automic. These logins can be set up once a first application has been processed.
You can request a withdrawal at any time, subject to the terms in the Product Disclosure Statement (PDS). Redemptions are processed daily and payments are typically received within a few business days.
We charge a management fee and a performance fee when performance exceeds a certain threshold. Full details are outlined in the PDS for each Fund.
Yes. Regular distributions are paid semi-annually as per the distribution policy outlined in the PDS for each Fund.
Yes. Investors can choose to reinvest distributions or receive them as cash, or do a combination of the two.
Absolutely. We encourage investors to reach out with questions and regularly hold webinars and in-person events to stay connected.
We provide:
We also produce news articles and special podcast episodes outside of the regular reporting content. These are published on our website.
No. Our communications are general in nature and don’t take into account your personal objectives, financial situation or needs. You should consider the PDS and seek professional advice before investing.