For documents relating to FOR, please visit the document centre

Document Centre

The Portfolio

Our investing approach means the Australian Fund is unique in a number of ways:

  • By using a concentrated, selective, flexible approach we have been able to deliver superior long-term returns.
  • Due to our concentrated, value driven approach the returns we deliver are unlikely to be correlated with any particular index, benchmark or asset class in the short-term.
  • We aim to maximise the Fund’s expected return without taking needless risks. Avoiding the risk of permanent capital loss is paramount.
  • The Fund is permitted to invest in any ASX-listed security and hold unlisted securities (up to 10%) and as much cash as we deem appropriate. This allows us to be patient, nimble and seek value wherever it arises.
  • The investment mix within the portfolio can change significantly and sometimes quickly. Ask your adviser or contact us for the latest investment mix and the size of the Australian Fund.

Performance (net of all fees)

As at 31 May 2018 | Inception Date: 31/10/2009

5.55%
1 year
14.68% p.a.
3 year
15.19% p.a.
5 Year

*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.



A fact sheet for the Forager Australian Shares Fund, which includes performance, is released monthly. At the end of each quarter, a more detailed Quarterly Report is published.

Prior to 30 June 2014, the Forager Australian Shares Fund was known as the Intelligent Investor Value Fund. Whilst this is the same fund and Chief Investment Officer, reports prior to that date use the former name.

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

Date
Monthly Report: Australian Fund May 2018 Download Report
Monthly Report: Australian Fund April 2018 Download Report
Quarterly Report March 2018 View Now | Download Report
Monthly Report: Australian Fund February 2018 Download Report
Monthly Report: Australian Fund January 2018 Download Report

Read all fund reports