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Australian Shares Fund

About

Offering investors exposure to a concentrated portfolio of undervalued Australian shares, the team at Forager specialise in small, unusual and sometimes unpopular opportunities. Our opportunistic investing approach, which capitalises on periods of market distress and unloved or out of favour businesses, means the Forager Australian Shares Fund could provide a unique addition to your portfolio. The minimum investment in this Fund is $20,000, or $1,000 per month in the monthly savings plan. You do not need an initial investment to start a monthly investment plan.

  • Our strategy aims for long-term capital growth using a concentrated, value-focused and flexible approach whilst not being tied to any index or asset class.
  • We seek to maximise returns, whilst managing risks including those that come from investing in unloved and unpopular businesses.
  • The Fund invests in ASX-listed stocks (it may hold up to 10% unlisted), and can be flexible with cash allowing the team to be patient, nimble and opportunistic.
  • Distributions are semi-annually, targeting a 4% yield. Special distributions may be issued when taxable income is significantly in excess of the ordinary distribution. This policy may be adjusted by the RE at their discretion.

Performance (net of all fees)

As at 30 June 2024
|  Inception Date:
31/10/2009
As at 30 June 2024
|  Inception Date:
31/10/2009
Performance
1 year
3 years (p.a.)
5 years (p.a.)
Since inception (p.a.)
Australian Shares Fund
18.69%
0.07%
8.89%
9.51%
All Ords. Accumulation Index
12.51%
12.51%
6.12%
7.63%
8.11%
Value Added
6.18%
-6.05%
1.26%
1.40%
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*All performance figures for this fund are based on the Net Asset Value (NAV). Past performance is not a reliable indicator of future performance. The Trust Co (RE Services) Limited and Forager Funds Management do not guarantee investment performance or distributions, and the value of your investment may rise or fall.
Historical Data

Comparison of $10,000 investment over time

Date
Buy Price
Mid Price
Redemption Price
03/07/2024
$1.5898
$1.5866
$1.4884
02/07/2024
$1.5855
$1.5823
$1.4844
01/07/2024
$1.6102
$1.6070
$1.5076
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Fees

1.1%*

Management & expense recovery fee

10%*

Performance fee (on returns over 8% p/a)

$0

Establishment & withdrawal fees

*Please refer to the Product Disclosure Statement for a detailed break down of fees and costs. The performance fee in the Australian Shares Fund is 10% (inclusive of GST net of RITC) of the net return (excluding the impact of the performance fee) of the Fund in excess of 8% per annum (i.e. after the deduction of any fees (other than the performance fee), costs, expenses or taxes), calculated and paid semi-annually in arrears based on the average net asset value of the Fund over the relevant six month period. All fees are accounted for in the calculation of the indicative NAV, announced daily on ASX.

Reports

Documents and Forms

Research

Invest in this Fund

New Investors

New investors can fill in the online application form, or download an application form and send to Automic, the administrator of this fund. The minimum investment is $20,000, or $1,000 per month in the monthly savings plan. You do not need an initial investment to start a monthly investment plan.

Existing Investors

Existing investors who would like to add to their investment can log into their Automic account and request to Top Up from the Portfolio dashboard. Top Up can be found in the "Details" drop down of the investment you would like to add to. The minimum additional investment is $1,000.