Firetrail S3 Global Opportunities Fund (Hedged)
Overview
The Firetrail S3 Global Opportunities Fund (Hedged) is a concentrated portfolio of Firetrail’s best global equity ideas. The investment process employs fundamental analysis to identify the most attractive investment opportunities with sustainable characteristics.^
The Fund aims to outperform the MSCI World 100% Hedged Net Total Return Index (AUD) over the long term after fees.
Global High Conviction
A concentrated portfolio of our best global equity ideas.
Value and Growth
A style agnostic approach with the flexibility to invest in both Value and Growth opportunities.
Sustainable Edge
Actively seeking investment opportunities that meet Firetrail’s sustainable investment criteria.^
Investment team
Oscar has deep experience in global equities including coverage of European markets, metals and mining, healthcare, financials, property, and consumer sectors. He holds a Bachelor of Philosophy, Politics & Economics (converted to MA) from Oxford University and is a CFA Charterholder.
Prior to Firetrail, Anthony worked as an investment strategist covering global capital markets for investment firms such as Fidelity International (Sydney), M&G Investments (London), Amundi Pioneer (Dublin) and Macquarie Group (Sydney).
He holds a Master of Business Administration from the University of London, a Master of Economic Studies from the University of New England, a Bachelor of Commerce from Macquarie University, and the CFA Institute Certificate in ESG Investing.
Sustainable Edge
Sustainable edge refers to Firetrail’s investment philosophy that sustainable companies deserve premium valuations. That is, companies that the market perceives to have sustainable characteristics, such as good environmental practices, a social licence to continue operations over the long-term, or strong corporate governance, deserve premium valuations relative to companies that do not.
Firetrail’s sustainable investment criteria are the following three attributes which Firetrail looks for when identifying investment ideas and opportunities for the Fund (known as the S3 characteristics):
-
Sustainable
business models
Sustainable business models
Companies which have business models that exhibit characteristics such as, but not limited to, consistency of cashflow growth, business strategy, quality of management, governance, industry, and competitive position;
-
Sustainable
earnings
Sustainable earnings
Companies which Firetrail believes are able to meet or exceed earnings expectations over its 5- year investment horizon.
-
Sustainable
positive change
Sustainable positive change
Companies which Firetrail believes currently meets, or is expected within a 5-year investment horizon to meet, one or more of its four sustainable investment themes including:
Health and Wellbeing
Innovation and Equality
Climate Impact
Sustainable World
Each of these investment themes links to a number of the United Nations Sustainable Development Goals (please refer to https://sdgs.un.org/goals for more information on the United Nations Sustainable Development Goals). More information can be found in the Fund’s Product Disclosure Statement under “Labour Standards or Environmental, Social or Ethical Considerations”.This includes companies that are already recognised by the market for their sustainability characteristics (current positive change leaders), as well as companies that are likely to be recognised within a 5-year investment horizon (future positive change leaders).
Sustainable business models
Sustainable earnings
Sustainable positive change
Each of these investment themes links to a number of the United Nations Sustainable Development Goals (please refer to https://sdgs.un.org/goals for more information on the United Nations Sustainable Development Goals). More information can be found in the Fund’s Product Disclosure Statement under “Labour Standards or Environmental, Social or Ethical Considerations”.
This includes companies that are already recognised by the market for their sustainability characteristics (current positive change leaders), as well as companies that are likely to be recognised within a 5-year investment horizon (future positive change leaders).
More Information on Firetrail’s approach to sustainability can be found in the Additional Information to PDS.
Key Features
APIR | WHT4609AU |
Benchmark | MSCI World 100% Hedged Net Total Return Index (AUD) |
Portfolio allocation^ |
Global equities: Typically 90% – 100% Cash: 0 – 10% |
Stock numbers | Approximately 30 |
Suitable investor profile | This product is intended for use as a minor or satellite allocation for a consumer who is seeking capital growth and has a very high risk and return profile for that portion of their investment portfolio. It is likely to be consistent with the financial situation and needs of a consumer with a 5 year investment timeframe and who is unlikely to need to withdraw their money on less than one week’s notice. |
Suggested investment timeframe | 5 years or more |
Risk | Very high |
Legal structure | Unlisted, open-ended Australian unit trust |
Distribution | Semi-annually, subject to the Fund having sufficient distributable income as at 30 June and 31 December. |
Minimum initial investment 1 | A$20,000 |
Ratings and Certifications
Further information on our Ratings and Certifications can be found in the Disclaimer & Disclosure section.
Unit Prices and distributions
Unit Price History
Date | Entry Price | NAV | Exit Price |
---|---|---|---|
29/08/2024 | 1.233 | 1.2312 | 1.2294 |
28/08/2024 | 1.2307 | 1.2289 | 1.2271 |
27/08/2024 | 1.2353 | 1.2334 | 1.2315 |
26/08/2024 | 1.2347 | 1.2329 | 1.2311 |
23/08/2024 | 1.2392 | 1.2373 | 1.2354 |
22/08/2024 | 1.2251 | 1.2233 | 1.2215 |
21/08/2024 | 1.2317 | 1.2299 | 1.2281 |
20/08/2024 | 1.226 | 1.2242 | 1.2224 |
19/08/2024 | 1.2297 | 1.2279 | 1.2261 |
16/08/2024 | 1.221 | 1.2192 | 1.2174 |
15/08/2024 | 1.2182 | 1.2164 | 1.2146 |
14/08/2024 | 1.201 | 1.1992 | 1.1974 |
13/08/2024 | 1.2001 | 1.1983 | 1.1965 |
12/08/2024 | 1.1813 | 1.1795 | 1.1777 |
09/08/2024 | 1.1793 | 1.1775 | 1.1757 |
08/08/2024 | 1.1734 | 1.1716 | 1.1698 |
07/08/2024 | 1.1601 | 1.1584 | 1.1567 |
06/08/2024 | 1.1627 | 1.161 | 1.1593 |
05/08/2024 | 1.1536 | 1.1519 | 1.1502 |
02/08/2024 | 1.1874 | 1.1856 | 1.1838 |
01/08/2024 | 1.214 | 1.2122 | 1.2104 |
31/07/2024 | 1.2303 | 1.2285 | 1.2267 |
30/07/2024 | 1.2099 | 1.2081 | 1.2063 |
29/07/2024 | 1.2111 | 1.2093 | 1.2075 |
26/07/2024 | 1.2096 | 1.2078 | 1.206 |
25/07/2024 | 1.1986 | 1.1968 | 1.195 |
24/07/2024 | 1.2049 | 1.2031 | 1.2013 |
23/07/2024 | 1.2339 | 1.2321 | 1.2303 |
22/07/2024 | 1.2333 | 1.2315 | 1.2297 |
19/07/2024 | 1.2198 | 1.218 | 1.2162 |
18/07/2024 | 1.2252 | 1.2234 | 1.2216 |
17/07/2024 | 1.238 | 1.2361 | 1.2342 |
16/07/2024 | 1.2621 | 1.2602 | 1.2583 |
15/07/2024 | 1.2522 | 1.2503 | 1.2484 |
12/07/2024 | 1.2511 | 1.2492 | 1.2473 |
11/07/2024 | 1.2401 | 1.2382 | 1.2363 |
10/07/2024 | 1.2424 | 1.2405 | 1.2386 |
09/07/2024 | 1.2307 | 1.2289 | 1.2271 |
08/07/2024 | 1.237 | 1.2351 | 1.2332 |
05/07/2024 | 1.2371 | 1.2352 | 1.2333 |
04/07/2024 | 1.2392 | 1.2373 | 1.2354 |
03/07/2024 | 1.238 | 1.2361 | 1.2342 |
02/07/2024 | 1.2327 | 1.2309 | 1.2291 |
01/07/2024 | 1.2229 | 1.2211 | 1.2193 |
28/06/2024 | 1.2272 | 1.2254 | 1.2236 |
27/06/2024 | 1.2324 | 1.2306 | 1.2288 |
26/06/2024 | 1.2347 | 1.2329 | 1.2311 |
25/06/2024 | 1.2378 | 1.2359 | 1.234 |
24/06/2024 | 1.2377 | 1.2358 | 1.2339 |
21/06/2024 | 1.2349 | 1.2331 | 1.2313 |
20/06/2024 | 1.2339 | 1.2321 | 1.2303 |
19/06/2024 | 1.2201 | 1.2183 | 1.2165 |
18/06/2024 | 1.2213 | 1.2195 | 1.2177 |
17/06/2024 | 1.2132 | 1.2114 | 1.2096 |
14/06/2024 | 1.2046 | 1.2028 | 1.201 |
13/06/2024 | 1.2115 | 1.2097 | 1.2079 |
12/06/2024 | 1.2129 | 1.2111 | 1.2093 |
11/06/2024 | 1.2015 | 1.1997 | 1.1979 |
07/06/2024 | 1.1979 | 1.1961 | 1.1943 |
06/06/2024 | 1.1996 | 1.1978 | 1.196 |
05/06/2024 | 1.2011 | 1.1993 | 1.1975 |
04/06/2024 | 1.1847 | 1.1829 | 1.1811 |
03/06/2024 | 1.1918 | 1.19 | 1.1882 |
31/05/2024 | 1.191 | 1.1892 | 1.1874 |
30/05/2024 | 1.1845 | 1.1827 | 1.1809 |
29/05/2024 | 1.1867 | 1.1849 | 1.1831 |
28/05/2024 | 1.1993 | 1.1975 | 1.1957 |
27/05/2024 | 1.2042 | 1.2024 | 1.2006 |
24/05/2024 | 1.2042 | 1.2024 | 1.2006 |
23/05/2024 | 1.1972 | 1.1954 | 1.1936 |
22/05/2024 | 1.2051 | 1.2033 | 1.2015 |
21/05/2024 | 1.2096 | 1.2078 | 1.206 |
20/05/2024 | 1.2115 | 1.2097 | 1.2079 |
17/05/2024 | 1.2045 | 1.2027 | 1.2009 |
16/05/2024 | 1.2029 | 1.2011 | 1.1993 |
15/05/2024 | 1.2048 | 1.203 | 1.2012 |
14/05/2024 | 1.1981 | 1.1963 | 1.1945 |
13/05/2024 | 1.191 | 1.1892 | 1.1874 |
10/05/2024 | 1.1915 | 1.1897 | 1.1879 |
09/05/2024 | 1.1865 | 1.1847 | 1.1829 |
08/05/2024 | 1.1783 | 1.1765 | 1.1747 |
07/05/2024 | 1.179 | 1.1772 | 1.1754 |
06/05/2024 | 1.1782 | 1.1764 | 1.1746 |
03/05/2024 | 1.1655 | 1.1638 | 1.1621 |
02/05/2024 | 1.1556 | 1.1539 | 1.1522 |
01/05/2024 | 1.1469 | 1.1452 | 1.1435 |
30/04/2024 | 1.1487 | 1.147 | 1.1453 |
29/04/2024 | 1.1619 | 1.1602 | 1.1585 |
26/04/2024 | 1.1633 | 1.1616 | 1.1599 |
24/04/2024 | 1.1521 | 1.1504 | 1.1487 |
23/04/2024 | 1.152 | 1.1503 | 1.1486 |
22/04/2024 | 1.1368 | 1.1351 | 1.1334 |
19/04/2024 | 1.1297 | 1.128 | 1.1263 |
18/04/2024 | 1.1325 | 1.1308 | 1.1291 |
17/04/2024 | 1.1372 | 1.1355 | 1.1338 |
16/04/2024 | 1.1439 | 1.1422 | 1.1405 |
15/04/2024 | 1.1487 | 1.147 | 1.1453 |
12/04/2024 | 1.162 | 1.1603 | 1.1586 |
11/04/2024 | 1.1763 | 1.1745 | 1.1727 |
10/04/2024 | 1.1725 | 1.1707 | 1.1689 |
09/04/2024 | 1.1812 | 1.1794 | 1.1776 |
08/04/2024 | 1.182 | 1.1802 | 1.1784 |
05/04/2024 | 1.1798 | 1.178 | 1.1762 |
04/04/2024 | 1.1714 | 1.1696 | 1.1678 |
03/04/2024 | 1.1821 | 1.1803 | 1.1785 |
02/04/2024 | 1.1751 | 1.1733 | 1.1715 |
28/03/2024 | 1.1836 | 1.1818 | 1.18 |
27/03/2024 | 1.1831 | 1.1813 | 1.1795 |
26/03/2024 | 1.1782 | 1.1764 | 1.1746 |
25/03/2024 | 1.1775 | 1.1757 | 1.1739 |
22/03/2024 | 1.1785 | 1.1767 | 1.1749 |
21/03/2024 | 1.17 | 1.1682 | 1.1664 |
20/03/2024 | 1.1558 | 1.1541 | 1.1524 |
19/03/2024 | 1.1462 | 1.1445 | 1.1428 |
18/03/2024 | 1.141 | 1.1393 | 1.1376 |
15/03/2024 | 1.1375 | 1.1358 | 1.1341 |
14/03/2024 | 1.1398 | 1.1381 | 1.1364 |
13/03/2024 | 1.1431 | 1.1414 | 1.1397 |
12/03/2024 | 1.1448 | 1.1431 | 1.1414 |
11/03/2024 | 1.134 | 1.1323 | 1.1306 |
08/03/2024 | 1.1407 | 1.139 | 1.1373 |
07/03/2024 | 1.1493 | 1.1476 | 1.1459 |
06/03/2024 | 1.1365 | 1.1348 | 1.1331 |
05/03/2024 | 1.1322 | 1.1305 | 1.1288 |
04/03/2024 | 1.1448 | 1.1431 | 1.1414 |
01/03/2024 | 1.1422 | 1.1405 | 1.1388 |
29/02/2024 | 1.1321 | 1.1304 | 1.1287 |
28/02/2024 | 1.1253 | 1.1236 | 1.1219 |
27/02/2024 | 1.1209 | 1.1192 | 1.1175 |
26/02/2024 | 1.1145 | 1.1128 | 1.1111 |
23/02/2024 | 1.1162 | 1.1145 | 1.1128 |
22/02/2024 | 1.1168 | 1.1151 | 1.1134 |
21/02/2024 | 1.0984 | 1.0968 | 1.0952 |
20/02/2024 | 1.0995 | 1.0979 | 1.0963 |
19/02/2024 | 1.101 | 1.0994 | 1.0978 |
16/02/2024 | 1.1015 | 1.0999 | 1.0983 |
15/02/2024 | 1.1048 | 1.1031 | 1.1014 |
14/02/2024 | 1.0982 | 1.0966 | 1.095 |
13/02/2024 | 1.0916 | 1.09 | 1.0884 |
12/02/2024 | 1.1037 | 1.102 | 1.1003 |
09/02/2024 | 1.1055 | 1.1038 | 1.1021 |
08/02/2024 | 1.1003 | 1.0987 | 1.0971 |
07/02/2024 | 1.1015 | 1.0999 | 1.0983 |
06/02/2024 | 1.0938 | 1.0922 | 1.0906 |
05/02/2024 | 1.0886 | 1.087 | 1.0854 |
02/02/2024 | 1.0924 | 1.0908 | 1.0892 |
01/02/2024 | 1.0856 | 1.084 | 1.0824 |
31/01/2024 | 1.0756 | 1.074 | 1.0724 |
30/01/2024 | 1.091 | 1.0894 | 1.0878 |
29/01/2024 | 1.093 | 1.0914 | 1.0898 |
25/01/2024 | 1.0855 | 1.0839 | 1.0823 |
24/01/2024 | 1.0746 | 1.073 | 1.0714 |
23/01/2024 | 1.0719 | 1.0703 | 1.0687 |
22/01/2024 | 1.0734 | 1.0718 | 1.0702 |
19/01/2024 | 1.0717 | 1.0701 | 1.0685 |
18/01/2024 | 1.0656 | 1.064 | 1.0624 |
17/01/2024 | 1.0553 | 1.0537 | 1.0521 |
16/01/2024 | 1.0643 | 1.0627 | 1.0611 |
15/01/2024 | 1.0668 | 1.0652 | 1.0636 |
12/01/2024 | 1.0678 | 1.0662 | 1.0646 |
11/01/2024 | 1.0638 | 1.0622 | 1.0606 |
10/01/2024 | 1.0629 | 1.0613 | 1.0597 |
09/01/2024 | 1.0599 | 1.0583 | 1.0567 |
08/01/2024 | 1.0643 | 1.0627 | 1.0611 |
05/01/2024 | 1.0542 | 1.0526 | 1.051 |
04/01/2024 | 1.0569 | 1.0553 | 1.0537 |
03/01/2024 | 1.057 | 1.0554 | 1.0538 |
02/01/2024 | 1.0642 | 1.0626 | 1.061 |
29/12/2023 | 1.0716 | 1.07 | 1.0684 |
28/12/2023 | 1.074 | 1.0724 | 1.0708 |
27/12/2023 | 1.0738 | 1.0722 | 1.0706 |
22/12/2023 | 1.0693 | 1.0677 | 1.0661 |
21/12/2023 | 1.0652 | 1.0636 | 1.062 |
20/12/2023 | 1.0522 | 1.0506 | 1.049 |
19/12/2023 | 1.0636 | 1.062 | 1.0604 |
18/12/2023 | 1.0555 | 1.0539 | 1.0523 |
15/12/2023 | 1.0547 | 1.0531 | 1.0515 |
14/12/2023 | 1.058 | 1.0564 | 1.0548 |
13/12/2023 | 1.0509 | 1.0493 | 1.0477 |
12/12/2023 | 1.0332 | 1.0317 | 1.0302 |
11/12/2023 | 1.0316 | 1.0301 | 1.0286 |
08/12/2023 | 1.0286 | 1.0271 | 1.0256 |
07/12/2023 | 1.0235 | 1.022 | 1.0205 |
06/12/2023 | 1.0173 | 1.0158 | 1.0143 |
05/12/2023 | 1.0173 | 1.0158 | 1.0143 |
04/12/2023 | 1.0181 | 1.0166 | 1.0151 |
01/12/2023 | 1.0236 | 1.0221 | 1.0206 |
30/11/2023 | 1.0197 | 1.0182 | 1.0167 |
29/11/2023 | 1.0156 | 1.0141 | 1.0126 |
28/11/2023 | 1.0151 | 1.0136 | 1.0121 |
27/11/2023 | 1.0193 | 1.0178 | 1.0163 |
24/11/2023 | 1.0199 | 1.0184 | 1.0169 |
23/11/2023 | 1.0185 | 1.017 | 1.0155 |
22/11/2023 | 1.0175 | 1.016 | 1.0145 |
21/11/2023 | 1.014 | 1.0125 | 1.011 |
20/11/2023 | 1.0174 | 1.0159 | 1.0144 |
17/11/2023 | 1.0136 | 1.0121 | 1.0106 |
16/11/2023 | 1.0092 | 1.0077 | 1.0062 |
15/11/2023 | 1.0144 | 1.0129 | 1.0114 |
14/11/2023 | 1.0135 | 1.012 | 1.0105 |
13/11/2023 | 0.9964 | 0.9949 | 0.9934 |
10/11/2023 | 0.9981 | 0.9966 | 0.9951 |
09/11/2023 | 0.9884 | 0.9869 | 0.9854 |
08/11/2023 | 0.987 | 0.9855 | 0.984 |
07/11/2023 | 0.9883 | 0.9868 | 0.9853 |
06/11/2023 | 0.9873 | 0.9858 | 0.9843 |
03/11/2023 | 0.9855 | 0.984 | 0.9825 |
02/11/2023 | 0.9707 | 0.9692 | 0.9677 |
01/11/2023 | 0.9604 | 0.959 | 0.9576 |
31/10/2023 | 0.9543 | 0.9529 | 0.9515 |
30/10/2023 | 0.9546 | 0.9532 | 0.9518 |
27/10/2023 | 0.9539 | 0.9525 | 0.9511 |
26/10/2023 | 0.958 | 0.9566 | 0.9552 |
25/10/2023 | 0.9662 | 0.9648 | 0.9634 |
24/10/2023 | 0.978 | 0.9765 | 0.975 |
23/10/2023 | 0.971 | 0.9695 | 0.968 |
20/10/2023 | 0.9753 | 0.9738 | 0.9723 |
19/10/2023 | 0.9858 | 0.9843 | 0.9828 |
18/10/2023 | 1.0027 | 1.0012 | 0.9997 |
17/10/2023 | 1.0208 | 1.0193 | 1.0178 |
16/10/2023 | 1.0216 | 1.0201 | 1.0186 |
13/10/2023 | 1.0118 | 1.0103 | 1.0088 |
12/10/2023 | 1.0201 | 1.0186 | 1.0171 |
11/10/2023 | 1.0306 | 1.0291 | 1.0276 |
10/10/2023 | 1.0246 | 1.0231 | 1.0216 |
09/10/2023 | 1.0166 | 1.0151 | 1.0136 |
06/10/2023 | 1.0164 | 1.0149 | 1.0134 |
05/10/2023 | 1.0049 | 1.0034 | 1.0019 |
04/10/2023 | 1.0092 | 1.0077 | 1.0062 |
03/10/2023 | 0.9995 | 0.998 | 0.9965 |
29/09/2023 | 1.0188 | 1.0173 | 1.0158 |
28/09/2023 | 1.0195 | 1.018 | 1.0165 |
27/09/2023 | 1.0162 | 1.0147 | 1.0132 |
26/09/2023 | 1.0174 | 1.0159 | 1.0144 |
25/09/2023 | 1.031 | 1.0295 | 1.028 |
22/09/2023 | 1.0304 | 1.0289 | 1.0274 |
21/09/2023 | 1.0317 | 1.0302 | 1.0287 |
20/09/2023 | 1.0509 | 1.0493 | 1.0477 |
19/09/2023 | 1.0531 | 1.0515 | 1.0499 |
18/09/2023 | 1.0579 | 1.0563 | 1.0547 |
15/09/2023 | 1.0634 | 1.0618 | 1.0602 |
14/09/2023 | 1.0715 | 1.0699 | 1.0683 |
13/09/2023 | 1.061 | 1.0594 | 1.0578 |
12/09/2023 | 1.0613 | 1.0597 | 1.0581 |
11/09/2023 | 1.064 | 1.0624 | 1.0608 |
08/09/2023 | 1.0558 | 1.0542 | 1.0526 |
07/09/2023 | 1.055 | 1.0534 | 1.0518 |
06/09/2023 | 1.0581 | 1.0565 | 1.0549 |
05/09/2023 | 1.0589 | 1.0573 | 1.0557 |
04/09/2023 | 1.0659 | 1.0643 | 1.0627 |
01/09/2023 | 1.0649 | 1.0633 | 1.0617 |
31/08/2023 | 1.0618 | 1.0602 | 1.0586 |
30/08/2023 | 1.0626 | 1.061 | 1.0594 |
29/08/2023 | 1.0574 | 1.0558 | 1.0542 |
28/08/2023 | 1.0431 | 1.0415 | 1.0399 |
25/08/2023 | 1.0339 | 1.0324 | 1.0309 |
24/08/2023 | 1.0287 | 1.0272 | 1.0257 |
23/08/2023 | 1.0413 | 1.0397 | 1.0381 |
22/08/2023 | 1.0289 | 1.0274 | 1.0259 |
21/08/2023 | 1.0297 | 1.0282 | 1.0267 |
18/08/2023 | 1.0264 | 1.0249 | 1.0234 |
17/08/2023 | 1.0272 | 1.0257 | 1.0242 |
16/08/2023 | 1.038 | 1.0364 | 1.0348 |
15/08/2023 | 1.0434 | 1.0418 | 1.0402 |
14/08/2023 | 1.058 | 1.0564 | 1.0548 |
11/08/2023 | 1.0516 | 1.05 | 1.0484 |
10/08/2023 | 1.0537 | 1.0521 | 1.0505 |
09/08/2023 | 1.0562 | 1.0546 | 1.053 |
08/08/2023 | 1.0605 | 1.0589 | 1.0573 |
07/08/2023 | 1.0675 | 1.0659 | 1.0643 |
04/08/2023 | 1.0596 | 1.058 | 1.0564 |
03/08/2023 | 1.0583 | 1.0567 | 1.0551 |
02/08/2023 | 1.0595 | 1.0579 | 1.0563 |
01/08/2023 | 1.0737 | 1.0721 | 1.0705 |
31/07/2023 | 1.0753 | 1.0737 | 1.0721 |
28/07/2023 | 1.0735 | 1.0719 | 1.0703 |
27/07/2023 | 1.0644 | 1.0628 | 1.0612 |
26/07/2023 | 1.0605 | 1.0589 | 1.0573 |
25/07/2023 | 1.0531 | 1.0515 | 1.0499 |
24/07/2023 | 1.0454 | 1.0438 | 1.0422 |
21/07/2023 | 1.0447 | 1.0431 | 1.0415 |
20/07/2023 | 1.0476 | 1.046 | 1.0444 |
19/07/2023 | 1.0547 | 1.0531 | 1.0515 |
18/07/2023 | 1.0556 | 1.054 | 1.0524 |
17/07/2023 | 1.0478 | 1.0462 | 1.0446 |
14/07/2023 | 1.0442 | 1.0426 | 1.041 |
13/07/2023 | 1.0438 | 1.0422 | 1.0406 |
12/07/2023 | 1.0379 | 1.0363 | 1.0347 |
11/07/2023 | 1.0288 | 1.0273 | 1.0258 |
10/07/2023 | 1.02 | 1.0185 | 1.017 |
07/07/2023 | 1.0152 | 1.0137 | 1.0122 |
06/07/2023 | 1.0133 | 1.0118 | 1.0103 |
05/07/2023 | 1.022 | 1.0205 | 1.019 |
04/07/2023 | 1.0274 | 1.0259 | 1.0244 |
03/07/2023 | 1.0267 | 1.0252 | 1.0237 |
30/06/2023 | 1.0273 | 1.0258 | 1.0243 |
29/06/2023 | 1.0175 | 1.016 | 1.0145 |
28/06/2023 | 1.0142 | 1.0127 | 1.0112 |
27/06/2023 | 1.0123 | 1.0108 | 1.0093 |
26/06/2023 | 1.0023 | 1.0008 | 0.9993 |
23/06/2023 | 1.0025 | 1.001 | 0.9995 |
22/06/2023 | 1.0113 | 1.0098 | 1.0083 |
21/06/2023 | 1.0062 | 1.0047 | 1.0032 |
20/06/2023 | 1.0116 | 1.0101 | 1.0086 |
19/06/2023 | 1.0201 | 1.0186 | 1.0171 |
16/06/2023 | 1.0212 | 1.0197 | 1.0182 |
15/06/2023 | 1.0203 | 1.0188 | 1.0173 |
14/06/2023 | 1.0042 | 1.0027 | 1.0012 |
13/06/2023 | 0.9964 | 0.9949 | 0.9934 |
09/06/2023 | 0.9783 | 0.9768 | 0.9753 |
08/06/2023 | 0.9784 | 0.9769 | 0.9754 |
07/06/2023 | 0.9804 | 0.9789 | 0.9774 |
06/06/2023 | 0.9853 | 0.9838 | 0.9823 |
05/06/2023 | 0.9813 | 0.9798 | 0.9783 |
02/06/2023 | 0.9856 | 0.9841 | 0.9826 |
01/06/2023 | 0.9736 | 0.9721 | 0.9706 |
31/05/2023 | 0.9673 | 0.9659 | 0.9645 |
30/05/2023 | 0.9765 | 0.975 | 0.9735 |
29/05/2023 | 0.9848 | 0.9833 | 0.9818 |
26/05/2023 | 0.985 | 0.9835 | 0.982 |
25/05/2023 | 0.9755 | 0.974 | 0.9725 |
24/05/2023 | 0.9653 | 0.9639 | 0.9625 |
23/05/2023 | 0.9757 | 0.9742 | 0.9727 |
22/05/2023 | 0.9917 | 0.9902 | 0.9887 |
19/05/2023 | 0.9946 | 0.9931 | 0.9916 |
18/05/2023 | 0.9929 | 0.9914 | 0.9899 |
17/05/2023 | 0.9851 | 0.9836 | 0.9821 |
16/05/2023 | 0.9778 | 0.9763 | 0.9748 |
15/05/2023 | 0.984 | 0.9825 | 0.981 |
12/05/2023 | 0.9767 | 0.9752 | 0.9737 |
11/05/2023 | 0.9775 | 0.976 | 0.9745 |
10/05/2023 | 0.9809 | 0.9794 | 0.9779 |
09/05/2023 | 0.9772 | 0.9757 | 0.9742 |
08/05/2023 | 0.9775 | 0.976 | 0.9745 |
05/05/2023 | 0.9788 | 0.9773 | 0.9758 |
04/05/2023 | 0.9587 | 0.9573 | 0.9559 |
03/05/2023 | 0.9632 | 0.9618 | 0.9604 |
02/05/2023 | 0.9684 | 0.9669 | 0.9654 |
01/05/2023 | 0.9783 | 0.9768 | 0.9753 |
28/04/2023 | 0.9799 | 0.9784 | 0.9769 |
27/04/2023 | 0.9716 | 0.9701 | 0.9686 |
26/04/2023 | 0.9551 | 0.9537 | 0.9523 |
24/04/2023 | 0.9767 | 0.9752 | 0.9737 |
21/04/2023 | 0.9823 | 0.9808 | 0.9793 |
20/04/2023 | 0.989 | 0.9875 | 0.986 |
19/04/2023 | 0.9894 | 0.9879 | 0.9864 |
18/04/2023 | 0.992 | 0.9905 | 0.989 |
17/04/2023 | 0.9925 | 0.991 | 0.9895 |
14/04/2023 | 0.9901 | 0.9886 | 0.9871 |
13/04/2023 | 0.9975 | 0.996 | 0.9945 |
12/04/2023 | 0.9838 | 0.9823 | 0.9808 |
11/04/2023 | 0.9856 | 0.9841 | 0.9826 |
06/04/2023 | 0.976 | 0.9745 | 0.973 |
05/04/2023 | 0.9675 | 0.9661 | 0.9647 |
04/04/2023 | 0.9749 | 0.9734 | 0.9719 |
03/04/2023 | 0.9832 | 0.9817 | 0.9802 |
31/03/2023 | 0.9839 | 0.9824 | 0.9809 |
30/03/2023 | 0.9728 | 0.9713 | 0.9698 |
29/03/2023 | 0.9654 | 0.964 | 0.9626 |
28/03/2023 | 0.9483 | 0.9469 | 0.9455 |
27/03/2023 | 0.9466 | 0.9452 | 0.9438 |
24/03/2023 | 0.9409 | 0.9395 | 0.9381 |
23/03/2023 | 0.9434 | 0.942 | 0.9406 |
22/03/2023 | 0.9395 | 0.9381 | 0.9367 |
21/03/2023 | 0.9497 | 0.9483 | 0.9469 |
20/03/2023 | 0.936 | 0.9346 | 0.9332 |
17/03/2023 | 0.9254 | 0.924 | 0.9226 |
16/03/2023 | 0.9376 | 0.9362 | 0.9348 |
15/03/2023 | 0.9191 | 0.9177 | 0.9163 |
14/03/2023 | 0.9408 | 0.9394 | 0.938 |
13/03/2023 | 0.9226 | 0.9212 | 0.9198 |
10/03/2023 | 0.934 | 0.9326 | 0.9312 |
09/03/2023 | 0.9514 | 0.95 | 0.9486 |
08/03/2023 | 0.9666 | 0.9652 | 0.9638 |
07/03/2023 | 0.9626 | 0.9612 | 0.9598 |
06/03/2023 | 0.981 | 0.9795 | 0.978 |
03/03/2023 | 0.9801 | 0.9786 | 0.9771 |
02/03/2023 | 0.9672 | 0.9658 | 0.9644 |
01/03/2023 | 0.9655 | 0.9641 | 0.9627 |
28/02/2023 | 0.9661 | 0.9647 | 0.9633 |
27/02/2023 | 0.9688 | 0.9673 | 0.9658 |
24/02/2023 | 0.9639 | 0.9625 | 0.9611 |
23/02/2023 | 0.9713 | 0.9698 | 0.9683 |
22/02/2023 | 0.9651 | 0.9637 | 0.9623 |
21/02/2023 | 0.966 | 0.9646 | 0.9632 |
20/02/2023 | 0.9845 | 0.983 | 0.9815 |
17/02/2023 | 0.983 | 0.9815 | 0.98 |
16/02/2023 | 0.9864 | 0.9849 | 0.9834 |
15/02/2023 | 0.9934 | 0.9919 | 0.9904 |
14/02/2023 | 0.9925 | 0.991 | 0.9895 |
13/02/2023 | 0.9904 | 0.9889 | 0.9874 |
10/02/2023 | 0.9775 | 0.976 | 0.9745 |
09/02/2023 | 0.9829 | 0.9814 | 0.9799 |
08/02/2023 | 0.9898 | 0.9883 | 0.9868 |
07/02/2023 | 0.9897 | 0.9882 | 0.9867 |
06/02/2023 | 0.9803 | 0.9788 | 0.9773 |
03/02/2023 | 0.9901 | 0.9886 | 0.9871 |
02/02/2023 | 1.0007 | 0.9992 | 0.9977 |
01/02/2023 | 0.9877 | 0.9862 | 0.9847 |
31/01/2023 | 0.9773 | 0.9758 | 0.9743 |
30/01/2023 | 0.9676 | 0.9662 | 0.9648 |
27/01/2023 | 0.9768 | 0.9753 | 0.9738 |
25/01/2023 | 0.9675 | 0.9661 | 0.9647 |
24/01/2023 | 0.9655 | 0.9641 | 0.9627 |
23/01/2023 | 0.968 | 0.9666 | 0.9652 |
20/01/2023 | 0.9561 | 0.9547 | 0.9533 |
19/01/2023 | 0.9411 | 0.9397 | 0.9383 |
18/01/2023 | 0.9531 | 0.9517 | 0.9503 |
17/01/2023 | 0.9612 | 0.9598 | 0.9584 |
16/01/2023 | 0.9625 | 0.9611 | 0.9597 |
13/01/2023 | 0.9655 | 0.9641 | 0.9627 |
12/01/2023 | 0.9613 | 0.9599 | 0.9585 |
11/01/2023 | 0.9563 | 0.9549 | 0.9535 |
10/01/2023 | 0.9449 | 0.9435 | 0.9421 |
09/01/2023 | 0.9382 | 0.9368 | 0.9354 |
06/01/2023 | 0.932 | 0.9306 | 0.9292 |
05/01/2023 | 0.9132 | 0.9118 | 0.9104 |
04/01/2023 | 0.9231 | 0.9217 | 0.9203 |
03/01/2023 | 0.9112 | 0.9098 | 0.9084 |
30/12/2022 | 0.9071 | 0.9057 | 0.9043 |
29/12/2022 | 0.9161 | 0.9147 | 0.9133 |
28/12/2022 | 0.8998 | 0.8985 | 0.8972 |
23/12/2022 | 0.9077 | 0.9063 | 0.9049 |
22/12/2022 | 0.9016 | 0.9002 | 0.8988 |
21/12/2022 | 0.9143 | 0.9129 | 0.9115 |
20/12/2022 | 0.8985 | 0.8972 | 0.8959 |
19/12/2022 | 0.8986 | 0.8973 | 0.896 |
16/12/2022 | 0.9037 | 0.9023 | 0.9009 |
15/12/2022 | 0.9133 | 0.9119 | 0.9105 |
14/12/2022 | 0.9455 | 0.9441 | 0.9427 |
13/12/2022 | 0.9507 | 0.9493 | 0.9479 |
12/12/2022 | 0.9415 | 0.9401 | 0.9387 |
09/12/2022 | 0.94 | 0.9386 | 0.9372 |
08/12/2022 | 0.9427 | 0.9413 | 0.9399 |
07/12/2022 | 0.9381 | 0.9367 | 0.9353 |
06/12/2022 | 0.9391 | 0.9377 | 0.9363 |
05/12/2022 | 0.9498 | 0.9484 | 0.947 |
02/12/2022 | 0.9622 | 0.9608 | 0.9594 |
01/12/2022 | 0.9637 | 0.9623 | 0.9609 |
30/11/2022 | 0.9657 | 0.9643 | 0.9629 |
29/11/2022 | 0.9415 | 0.9401 | 0.9387 |
28/11/2022 | 0.9422 | 0.9408 | 0.9394 |
25/11/2022 | 0.9589 | 0.9575 | 0.9561 |
24/11/2022 | 0.9586 | 0.9572 | 0.9558 |
23/11/2022 | 0.9549 | 0.9535 | 0.9521 |
22/11/2022 | 0.9488 | 0.9474 | 0.946 |
21/11/2022 | 0.9385 | 0.9371 | 0.9357 |
18/11/2022 | 0.9404 | 0.939 | 0.9376 |
17/11/2022 | 0.9338 | 0.9324 | 0.931 |
16/11/2022 | 0.9451 | 0.9437 | 0.9423 |
15/11/2022 | 0.9566 | 0.9552 | 0.9538 |
14/11/2022 | 0.95 | 0.9486 | 0.9472 |
11/11/2022 | 0.9601 | 0.9587 | 0.9573 |
10/11/2022 | 0.9533 | 0.9519 | 0.9505 |
09/11/2022 | 0.9036 | 0.9022 | 0.9008 |
08/11/2022 | 0.9232 | 0.9218 | 0.9204 |
07/11/2022 | 0.9126 | 0.9112 | 0.9098 |
04/11/2022 | 0.9022 | 0.9008 | 0.8994 |
03/11/2022 | 0.8825 | 0.8812 | 0.8799 |
02/11/2022 | 0.8894 | 0.8881 | 0.8868 |
01/11/2022 | 0.9076 | 0.9062 | 0.9048 |
31/10/2022 | 0.9078 | 0.9064 | 0.905 |
28/10/2022 | 0.9103 | 0.9089 | 0.9075 |
27/10/2022 | 0.8943 | 0.893 | 0.8917 |
26/10/2022 | 0.8978 | 0.8965 | 0.8952 |
25/10/2022 | 0.894 | 0.8927 | 0.8914 |
24/10/2022 | 0.8772 | 0.8759 | 0.8746 |
21/10/2022 | 0.8716 | 0.8703 | 0.869 |
20/10/2022 | 0.8526 | 0.8513 | 0.85 |
19/10/2022 | 0.8545 | 0.8532 | 0.8519 |
18/10/2022 | 0.8622 | 0.8609 | 0.8596 |
17/10/2022 | 0.8561 | 0.8548 | 0.8535 |
14/10/2022 | 0.8333 | 0.8321 | 0.8309 |
13/10/2022 | 0.8515 | 0.8502 | 0.8489 |
12/10/2022 | 0.8297 | 0.8285 | 0.8273 |
11/10/2022 | 0.8315 | 0.8303 | 0.8291 |
10/10/2022 | 0.8365 | 0.8352 | 0.8339 |
07/10/2022 | 0.8408 | 0.8395 | 0.8382 |
06/10/2022 | 0.8663 | 0.865 | 0.8637 |
05/10/2022 | 0.8743 | 0.873 | 0.8717 |
04/10/2022 | 0.8796 | 0.8783 | 0.877 |
30/09/2022 | 0.8295 | 0.8283 | 0.8271 |
29/09/2022 | 0.8296 | 0.8284 | 0.8272 |
28/09/2022 | 0.8507 | 0.8494 | 0.8481 |
27/09/2022 | 0.8379 | 0.8366 | 0.8353 |
26/09/2022 | 0.8388 | 0.8375 | 0.8362 |
23/09/2022 | 0.8497 | 0.8484 | 0.8471 |
21/09/2022 | 0.883 | 0.8817 | 0.8804 |
20/09/2022 | 0.8924 | 0.8911 | 0.8898 |
19/09/2022 | 0.9061 | 0.9047 | 0.9033 |
16/09/2022 | 0.9023 | 0.9009 | 0.8995 |
15/09/2022 | 0.915 | 0.9136 | 0.9122 |
14/09/2022 | 0.9266 | 0.9252 | 0.9238 |
13/09/2022 | 0.9317 | 0.9303 | 0.9289 |
12/09/2022 | 0.9693 | 0.9678 | 0.9663 |
09/09/2022 | 0.9578 | 0.9564 | 0.955 |
08/09/2022 | 0.9402 | 0.9388 | 0.9374 |
07/09/2022 | 0.9336 | 0.9322 | 0.9308 |
06/09/2022 | 0.9207 | 0.9193 | 0.9179 |
05/09/2022 | 0.9209 | 0.9195 | 0.9181 |
02/09/2022 | 0.9285 | 0.9271 | 0.9257 |
01/09/2022 | 0.9258 | 0.9244 | 0.923 |
31/08/2022 | 0.9333 | 0.9319 | 0.9305 |
30/08/2022 | 0.9409 | 0.9395 | 0.9381 |
29/08/2022 | 0.9502 | 0.9488 | 0.9474 |
26/08/2022 | 0.9555 | 0.9541 | 0.9527 |
25/08/2022 | 0.9844 | 0.9829 | 0.9814 |
24/08/2022 | 0.974 | 0.9725 | 0.971 |
23/08/2022 | 0.9707 | 0.9692 | 0.9677 |
22/08/2022 | 0.9691 | 0.9676 | 0.9661 |
19/08/2022 | 0.9904 | 0.9889 | 0.9874 |
18/08/2022 | 1.0071 | 1.0056 | 1.0041 |
17/08/2022 | 1.0029 | 1.0014 | 0.9999 |
16/08/2022 | 1.0155 | 1.014 | 1.0125 |
15/08/2022 | 1.0179 | 1.0164 | 1.0149 |
12/08/2022 | 1.0151 | 1.0136 | 1.0121 |
11/08/2022 | 1.005 | 1.0035 | 1.002 |
10/08/2022 | 1.001 | 0.9995 | 0.998 |
09/08/2022 | 0.9786 | 0.9771 | 0.9756 |
08/08/2022 | 0.9893 | 0.9878 | 0.9863 |
05/08/2022 | 0.9889 | 0.9874 | 0.9859 |
04/08/2022 | 0.9905 | 0.989 | 0.9875 |
03/08/2022 | 0.9873 | 0.9858 | 0.9843 |
02/08/2022 | 0.9747 | 0.9732 | 0.9717 |
01/08/2022 | 0.9826 | 0.9811 | 0.9796 |
29/07/2022 | 0.9827 | 0.9812 | 0.9797 |
28/07/2022 | 0.9726 | 0.9711 | 0.9696 |
27/07/2022 | 0.9532 | 0.9518 | 0.9504 |
26/07/2022 | 0.9359 | 0.9345 | 0.9331 |
25/07/2022 | 0.9453 | 0.9439 | 0.9425 |
22/07/2022 | 0.9461 | 0.9447 | 0.9433 |
21/07/2022 | 0.9543 | 0.9529 | 0.9515 |
20/07/2022 | 0.9521 | 0.9507 | 0.9493 |
19/07/2022 | 0.9507 | 0.9493 | 0.9479 |
18/07/2022 | 0.9313 | 0.9299 | 0.9285 |
15/07/2022 | 0.9333 | 0.9319 | 0.9305 |
14/07/2022 | 0.9154 | 0.914 | 0.9126 |
13/07/2022 | 0.9252 | 0.9238 | 0.9224 |
12/07/2022 | 0.9309 | 0.9295 | 0.9281 |
11/07/2022 | 0.9384 | 0.937 | 0.9356 |
08/07/2022 | 0.9489 | 0.9475 | 0.9461 |
07/07/2022 | 0.9487 | 0.9473 | 0.9459 |
06/07/2022 | 0.9291 | 0.9277 | 0.9263 |
05/07/2022 | 0.9222 | 0.9208 | 0.9194 |
04/07/2022 | 0.9272 | 0.9258 | 0.9244 |
01/07/2022 | 0.9238 | 0.9224 | 0.921 |
30/06/2022 | 0.9332 | 0.9318 | 0.9304 |
29/06/2022 | 0.9482 | 0.9468 | 0.9454 |
28/06/2022 | 0.9537 | 0.9523 | 0.9509 |
27/06/2022 | 0.9633 | 0.9619 | 0.9605 |
24/06/2022 | 0.9589 | 0.9575 | 0.9561 |
23/06/2022 | 0.9354 | 0.934 | 0.9326 |
22/06/2022 | 0.9553 | 0.9539 | 0.9525 |
21/06/2022 | 0.9641 | 0.9627 | 0.9613 |
20/06/2022 | 0.9489 | 0.9475 | 0.9461 |
17/06/2022 | 0.9463 | 0.9449 | 0.9435 |
16/06/2022 | 0.9482 | 0.9468 | 0.9454 |
15/06/2022 | 0.9723 | 0.9708 | 0.9693 |
14/06/2022 | 0.9613 | 0.9599 | 0.9585 |
10/06/2022 | 1.0007 | 0.9992 | 0.9977 |
09/06/2022 | 1.0298 | 1.0283 | 1.0268 |
08/06/2022 | 1.0485 | 1.0469 | 1.0453 |
07/06/2022 | 1.0581 | 1.0565 | 1.0549 |
06/06/2022 | 1.0549 | 1.0533 | 1.0517 |
03/06/2022 | 1.0501 | 1.0485 | 1.0469 |
02/06/2022 | 1.0604 | 1.0588 | 1.0572 |
01/06/2022 | 1.0414 | 1.0398 | 1.0382 |
31/05/2022 | 1.0501 | 1.0485 | 1.0469 |
30/05/2022 | 1.058 | 1.0564 | 1.0548 |
27/05/2022 | 1.0545 | 1.0529 | 1.0513 |
26/05/2022 | 1.0334 | 1.0319 | 1.0304 |
25/05/2022 | 1.0195 | 1.018 | 1.0165 |
24/05/2022 | 1.0106 | 1.0091 | 1.0076 |
23/05/2022 | 1.0197 | 1.0182 | 1.0167 |
20/05/2022 | 1.0044 | 1.0029 | 1.0014 |
19/05/2022 | 1.0015 | 1 | 0.9985 |
Unit prices are net of fees & do not include distributions. Calculation of unit prices is based on the net asset value plus/minus transaction costs divided by the total number of units on issue. Past performance is not a reliable indicator of future performance. The inception date is the date that the current investment strategy commenced, which is 19 May 2022. This material has been provided for general information purposes and must not be construed as investment advice.
Distribution History
Ex Date | Entry Price | NAV | Exit Price | Ex Entry Price | Ex NAV | Ex Exit Price | Cash Portion (CPU) | Franking Credits |
---|---|---|---|---|---|---|---|---|
28/06/2024 | 1.2272 | 1.2254 | 1.2236 | 1.2272 | 1.2254 | 1.2236 | 0 | 0 |
30/06/2023 | 1.0273 | 1.0258 | 1.0243 | 1.0221 | 1.0206 | 1.0191 | 0.5174 | |
30/06/2022 | 0.9332 | 0.9318 | 0.9304 | 0.9192 | 0.9178 | 0.9164 | 1.4009 |
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Investor forms
The carbon emissions estimate for the Firetrail S3 Global Opportunities Fund (Hedged) has been calculated by Firetrail Investments Pty Limited (‘Firetrail’). The estimate of the carbon emissions for the Fund is based on the Fund’s portfolio holdings as at the end of the most recent calendar quarter following calculation by Firetrail. The carbon emissions calculation is performed by Firetrail on a quarterly basis. Please note these carbon emissions numbers are an estimate only and are subject to change. The actual carbon emissions attributable to your investment in the Fund may vary considerably from the estimate provided.
Carbon footprint includes Scope 1 and Scope 2 emissions. Company emissions data is sourced from MSCI. Portfolio carbon footprint is calculated based on the ownership methodology (e.g. owning 1% of the shares is owning 1% of emissions). The calculation also takes into account carbon removed from the atmosphere by portfolio companies. For example, via planted trees or carbon removal technologies. Carbon removal data is sourced from the applicable company.
How to choose a high-quality carbon offset?
Firetrail has been a carbon-neutral business since inception. Further information can be found in our PDS and ESG Policy.
As part of offsetting our emissions each year, we have done substantial research into the carbon offsets market. You can read some of this research here.
For more information on Firetrail’s approach to sustainability, contact us.
1
The Responsible Entity has the discretion to accept lower initial investments. Does not apply to IDPS investments.
^
The portfolio allocation ranges provided are indicative only. The Fund will be rebalanced within a reasonable period of time should the exposure move outside these ranges. The Fund is typically expected to be fully invested. A portion of the portfolio may be allocated to cash or derivatives for liquidity purposes. The Fund may hold exchange traded derivatives to a maximum of 10% of the Fund’s NAV.
Disclaimer & Disclosure
This webpage is prepared by Firetrail Investments Pty Limited (‘Firetrail’) (ABN 98 622 377 913, AFSL 5168 21) as the investment manager of the Firetrail S3 Global Opportunities Fund (Hedged) (ARSN 657 902 880) (the ‘Fund’). Pinnacle Fund Services Limited (‘PFSL’) (ABN 29 082 494 362, AFSL 238371) is the product issuer of the Fund and is a wholly owned subsidiary of Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22 100 325 184). PFSL is not licensed to provide financial product advice.
The information contained in this webpage is general information only and does not take into account your objectives, financial situation or needs. Before making a decision to acquire, or continue to hold units in, the Fund, you should consider the Product Disclosure Statement (PDS) and Target Market Determination (TMD). For historic TMDs, please contact Pinnacle Client Services via phone 1300 010 311 or email service@pinnacleinvestment.com. Any persons relying on this information should obtain professional advice before doing so and consider the appropriateness of the information having regard to your specific circumstances.
Past performance is not a reliable indicator of future performance and the repayment of capital is not guaranteed. The specific risks associated with investing in the Fund, and the risks associated with the Fund’s investments, are discussed in Section 4 of the PDS. Any opinions and forecasts reflect the judgment and assumptions of Firetrail and its representatives based on information available as at the date of publication and may later change without notice.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (Firetrail S3 Global Opportunities Fund (Hedged) assigned November 2023) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
The rating issued 04/2023 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2023 Lonsec. All rights reserved.