The Fund is an actively managed portfolio investing in a broad range of Australian and New Zealand companies with a mid-small bias.
The Spheria Opportunities Fund received a ‘Recommended’ rating from Zenith Investment Partners (February 2021)1.
|Spheria Opportunities Fund||value|
|Benchmark||S&P/ASX Mid-Small Accumulation Index|
|Investment Objective||Outperform the S&P/ASX Mid-Small Accumulation Index over the medium to long term|
|Investing Universe||Primarily listed companies outside the top ASX 50 listed companies by market capitalisation and companies listed on the New Zealand Stock Exchange with an equivalent market capitalisation|
|Holdings||Generally 20-65 stocks|
|Fees||0.99% p.a. Management fee & 15% performance fee of the Fund’s excess return versus its benchmark, net of management fee.|
|Cash||Up to 20% cash, typically 5% - 10%|
|Expected Turnover||30% - 40%|
|Style||Long only, risk aware|
|Minimum Initial Investment||$25,000|