Australian Shares Fund Reports
Latest CIO Letters All reports
Latest Reports All reports
IN THE LATEST QUARTERLY - DECEMBER 2020
Investments in the portfolio continue to recover well from COVID-induced disruption and remain resilient despite dramatic under the surface swings in 2020.
- WPP gets a bid
A new takeover offer for WPP further realises value for business. - A thorny saga that seemingly never ends
MSL and VBC show excellent signs of turnaround while TGA remains difficult. - A monetary epoch?
2020 financial crisis urges the return of inflation.

$182.3m
Portfolio value at 31 January 2021
$183.1m: December 2020
$176.8m: November 2020
Stocks in this fund
as at 31 January 2021
Average annual return since inception
as at 31 January 2021
Market price
as at 31 January 2021
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.
All australian Fund Reports
- 2020
-
Monthly Report: December 2020
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Monthly Report: November 2020
-
Monthly Report: October 2020
-
Monthly Report: September 2020
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Monthly Report: August 2020
-
Monthly Report: July 2020
-
Quarterly Report: Both Funds
- 2020
-
Monthly Report: May 2020
-
Monthly Report: April 2020
-
Quarterly Report: Both Funds
-
Monthly Report: February 2020
-
Monthly Report: January 2020
- 2019
-
Quarterly Report: December 2019
-
Monthly Report: November 2019
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Monthly Report: October 2019
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Quarterly Report: September 2019
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Monthly Report: August 2019
-
Monthly Report: July 2019
- 2019
-
Quarterly Report June 2019:
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Monthly Report: May 2019
-
Monthly Report: April 2019
-
Quarterly Report March 2019:
-
Monthly Report: February 2019
-
Monthly Report: January 2019
- 2018
-
Quarterly Report December 2018:
-
Monthly Report: November 2018
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Monthly Report: October 2018
-
Quarterly Report September 2018:
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Monthly Report: August 2018
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Monthly Report: July 2018
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Quarterly Report June 2018:
- 2018
-
Monthly Report: May 2018
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Monthly Report: April 2018
-
Quarterly Report March 2018:
-
Monthly Report: February 2018
-
Monthly Report: January 2018
- 2017
-
Quarterly Report December 2017:
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Monthly Report: November 2017
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Monthly Report: October 2017
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Quarterly Report September 2017:
-
Monthly Report: August 2017
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Monthly Report: July 2017
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Quarterly Report June 2017:
- 2017
-
Monthly Report: May 2017
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Monthly Report: April 2017
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Quarterly Report March 2017:
-
Monthly Report: February 2017
-
Monthly Report: January 2017
- 2016
-
Quarterly Report December 2016:
-
Monthly Report: November 2016
-
Monthly Report: October 2016
-
Quarterly Report: September 2016
-
Monthly Report: August 2016
-
Monthly Report: July 2016
- 2016
-
Quarterly Report: June 2016
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Monthly Report: May 2016
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Monthly Report: April 2016
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Quarterly Report: March 2016
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Monthly Report: February 2016
-
Monthly Report: January 2016
- 2015
-
Quarterly Report: December 2015
-
Monthly Report: November 2015
-
Monthly Report: October 2015
-
Quarterly Report: September 2015
-
Monthly Update: August 2015
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Monthly Update: July 2015
-
Quarterly Report: June 2015
-
Monthly Update: May 2015
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Monthly Update: April 2015
-
Quarterly Report: March 2015
-
Monthly Update: February 2015
-
Monthly Update: January 2015
- 2014
-
Quarterly Report: December 2014
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Monthly Update: November 2014
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Monthly Update: October 2014
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Quarterly Report: September 2014
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Monthly Update: August 2014
-
Monthly Update: July 2014
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Quarterly Report: June 2014
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Monthly Update: May 2014
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Monthly Update: April 2014
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Quarterly Report: March 2014
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Monthly Update: February 2014
-
Monthly Update: January 2014
- 2013
-
Quarterly Report: December 2013
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Monthly Update: November 2013
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Monthly Update: October 2013
-
Quarterly Report: September 2013
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Monthly Update: August 2013
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Monthly Update: July 2013
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Quarterly Report: June 2013
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Monthly Update: May 2013
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Monthly Update: April 2013
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Quarterly Report: March 2013
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Monthly Update: February 2013
-
Monthly Update: January 2013
- 2012
-
Quarterly Report: December 2012
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Monthly Update: November 2012
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Monthly Update: October 2012
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Quarterly Report: September 2012
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Monthly Update: August 2012
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Monthly Update: July 2012
-
Quarterly Report: June 2012
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Monthly Update: May 2012
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Monthly Update: April 2012
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Quarterly Report: March 2012
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Monthly Update: February 2012
-
Monthly Update: January 2012
- 2011
-
Quarterly Report: December 2011
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Monthly Update: November 2011
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Monthly Update: October 2011
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Quarterly Report: September 2011
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Monthly Update: August 2011
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Monthly Update: July 2011
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Quarterly Report: June 2011
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Monthly Update: May 2011
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Monthly Update: April 2011
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Quarterly Report: March 2011
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Monthly Update: February 2011
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Monthly Update: January 2011
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.