International Shares Fund Reports
Latest CIO Letters All reports
Latest Reports All reports
IN THE LATEST QUARTERLY - DECEMBER 2020
It was an extraordinary year for the Forager International Shares Fund. The Fund has now returned 38.26% for the past year, versus 5.90% for the MSCI AC World Net Index in $A benchmark.
- Value and growth in steady businesses
APG and FREE continue to trade at attractive valuations and show growth prospects. - Twitter: Overused and under-monetised
TWTR shows signs of user and revenue growth. - Brexit, finally
After months of negotiation, Brexit agreements were signed.

$218.3m
Portfolio value at 31 January 2021
$216.0m:
December 2020
$203.1m:
November 2020
Stocks in this fund
as at 31 January 2021
Average annual return since inception
as at 31 January 2021
Buy 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 international Fund Reports
- 2020
-
Monthly Report: December 2020
-
Monthly Report: November 2020
-
Monthly Report: October 2020
-
Monthly Report: September 2020
-
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
-
Monthly Report: October 2019
-
Quarterly Report: September 2019
-
Monthly Report: August 2019
-
Monthly Report: July 2019
- 2019
-
Quarterly Report June 2019:
-
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
-
Monthly Report: October 2018
-
Quarterly Report September 2018:
-
Monthly Report: August 2018
-
Monthly Report: July 2018
-
Quarterly Report June 2018:
- 2018
-
Monthly Report: May 2018
-
Monthly Report: April 2018
-
Quarterly Report March 2018:
-
Monthly Report: February 2018
-
Monthly Report: January 2018
- 2017
-
Quarterly Report December 2017:
-
Monthly Report: November 2017
-
Monthly Report: October 2017
-
Quarterly Report September 2017:
-
Monthly Report: August 2017
-
Monthly Report: July 2017
-
Quarterly Report June 2017:
- 2017
-
Monthly Report: May 2017
-
Monthly Report: April 2017
-
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
-
Monthly Report: May 2016
-
Monthly Report: April 2016
-
Quarterly Report: March 2016
-
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
-
Monthly Update: July 2015
-
Quarterly Report: June 2015
-
Monthly Update: May 2015
-
Monthly Update: April 2015
-
Quarterly Update: March 2015
-
Monthly Update: February 2015
-
Monthly Update: January 2015
- 2014
-
Quarterly Update: December 2014
-
Monthly Update: November 2014
-
Monthly Update: October 2014
-
Quarterly Update: September 2014
-
Monthly Update: August 2014
-
Monthly Update: July 2014
-
Quarterly Update: June 2014
-
Monthly Update: May 2014
-
Monthly Update: April 2014
-
Monthly Update: March 2014
-
Monthly Update: February 2014
-
Monthly Update: January 2014
The Forager International 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.