The Forager International Shares Fund provides you with the opportunity to invest in global businesses that we believe are undervalued. With a proven track record, we remain nimble enough to invest in smaller listed companies under-researched by many investment managers, leading to long-term outperformance for our actively managed International Fund.
As at 30 June 2021 | Inception Date: 08/02/2013
As at 30 June 2021 | Inception Date: 08/02/2013
| 1 year | 3 year | 5 Year | Since inception Annualised | |
|---|---|---|---|---|
| International Shares Fund | 78.88% | 25.30% p.a | 22.22% p.a | 19.05% p.a |
| MSCI AC World Net Index in $A | 29.40% | 13.68% p.a | 14.39% p.a | 15.23% p.a |
| Value Added | 49.48% | 11.62% p.a | 7.83% p.a | 3.82% p.a |
*Inception date 8 February 2013. Past performance is not a reliable indicator of future performance. Fundhost and Forager Funds Management do not guarantee investment performance or distributions, and the value of your investment may rise or fall.
Our ApproachThe Forager International Shares Fund provides a different approach to investing overseas.
We’re opportunistic in our approach – we invest where we see the greatest value and potential for return in the market. Often this is small to medium sized companies to seek outperformance. We do find value in the mid-to-large cap companies, which often provide a nice balance of liquidity and resilience into our portfolios alongside the small cap companies.
– Concentrated portfolio of our best ideas, typically 20-10 stocks.
– Board sector and market cap mandate
– Strictly value/valuation driven
– Seeking significant discount to true value
– Research analysts with expertise in Europe, the UK, and the US.
– The Fund is unhedged so offers foreign currency exposure
– Start investing with a $20,000 lump sum or $200 per month direct debit.
Key Drivers of PerformanceOur stock selection of businesses that are materially mispriced by markets is key in driving our strong long term performance. Our disciplined fundamental analysis is applied to an unconstrained world, and supported with our willingness to genuinely take a long-term view on investments.
We believe diversity provides resilience. While we manage a concentrated portfolio, we focus on different geographies, sectors, market caps, and different types of businesses to create a more resilient portfolio.
Forager thrives in volatile markets as we seek investments that are trading at significant discounts to the true value of the company. During these times when valuations are reached quickly, the portfolios can experience high turnover, as we take advantage of these market movements. The Forager International Shares Fund reported a performance of +83.93% over the past year (to 30 April 2021), net of all fees.
Our team provides agility and range. While we are small we have a wide variety of expertise in different areas across the team.
In this video Chief Investment Officer Steve Johnson talks to portfolio manager Harvey Migotti about how despite the recent strong performance on the International Shares Fund, the team continues to actively source new investment opportunities that aim to maximise portfolio returns in the future.
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Investing with Forager – please read the Product Disclosure Statement (PDS) for this Fund in order to decide whether this is the right investment for you.
The PDS contains information about how the fund is set up and works in practice, the investment strategy plus information on fees and costs.
Before making an investment in the Forager International Shares Fund, you should download and read the PDS for the Fund.
DOWNLOAD PDS