Australian Fund Reports

Video analysis of reports

Latest Monthly Reports All reports


Speculative tech stocks are back in vogue. Long-term investing is on the nose. Is now the time to give up on Australia’s active fund managers?

  • Making a smart choice
    Today, Smartgroup dominates salary packaging alongside McMillan Shakespeare after years of consolidation. Why invest now?
  • Suprising quality at an attractive price
    Large fleet managers like SG Fleet earn very healthy returns. Once its offering is integrated, switching can be costly and risky


Portfolio value at 28 June 2019

$149.9M – May 2019

$156.1M – April 2019


Stocks in this fund

as at 28 June 2019


Average annual return since inception

as at 28 June 2019


Market price

as at 28 June 2019

For more regular insights into Chief Investment Officer Steve Johnson’s thoughts on investing, the Australian Fund and the wider market, visit the Forager Blog.

The Forager Australian Shares Fund reports each month on its performance and portfolio activity. At the conclusion of each quarter, a more detailed Quarterly Report is published. In between, Monthly Reports give an overview of fund activity and performance statistics.

You can request a copy of the reports by calling 02 8305 6050.

Prior to 30 June 2014, the Forager Australian Shares Fund was known as the Intelligent Investor Value Fund. Old reports will still refer to the old name.