NOW AVAILABLE – Now open to new investment.
The Fund aims to outperform the MSCI World Small Cap Index $A by 2% to 3% p.a. gross over a full market cycle (e.g. 5 to 7 years).
The Fund is rated “Recommended” by both Lonsec and Zenith Investment Partners.
Copper Rock was nominated as a finalist in the 2015 Money Management / Lonsec Fund Manager of the Year 2015 – in the Emerging Manager category.
Copper Rock Capital Partners LLC (“Copper Rock”), based in Boston, MA, was founded in 2005 and provides specialised global equity investment management solutions for investors throughout the world with a strong focus on small-cap investing globally. Copper Rock had approximately $5.3 billion (USD) in funds under management as at June 30, 2018. Copper Rock believes that small and mid-cap markets are inefficient and uses a blend of quantitative and fundamental analyses to identify companies with superior growth rates relative to their peers.
The Global Small Cap strategy typically looks for resilient and defensible business models that are characterized by underlying unit growth, longer-term market share gains (an evidence of competitive strength), high profitability, and significant internal cash generation. Distinguishing elements of the process are also the application of a routinely practiced and proven Sell Discipline and Alert List that provide risk control and are crucial in preserving alpha earned in the portfolio.
|Performance as at 29 February 2020||Net Returns*|
|2 years p.a.||2.85%|
|3 years p.a.||5.42%|
|4 years p.a.||6.37%|
|5 years p.a.||3.87%|
|Since inception p.a.||7.21%|
|Fund size||$72.50 Million|
*Performance is calculated using exit prices. Returns are the investment performance of the fund assuming the reinvestment of all distributions back into the fund. Past performance is not an indicator of future performance.
|Date||Entry Price||Exit Price|
|1 April 2020||$0.7912||$0.7880|
|Period||Distribution amount (cents per unit)||Reinvestment/EX Price|
|30 June 2019||1.9156 CPU cash||$0.9965|
|30 June 2018||6.9153 CPU cash||$1.0116|
|30 June 2017||5.6915 CPU cash||$0.9811|
|30 June 2016||13.1633 CPU cash||$0.9212|
|30 June 2015||13.9636 CPU cash||$1.1274|