Firetrail S3 Global Opportunities Fund

A high conviction portfolio with a sustainable edge

Overview

The Firetrail S3 Global Opportunities Fund 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 Net Total Return Index (AUD) over the long term.

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

Managing Director & Portfolio Manager

Patrick Hodgens

Patrick is the Managing Director at Firetrail Investments as well as Portfolio Manager for the Firetrail Australian High Conviction Fund, Firetrail Absolute Return Fund, Firetrail Australian Small Companies Fund and Firetrail S3 Global Opportunities Fund. Patrick has over 36 years experience investing in equity markets.
Portfolio Manager

James Miller

James is a Portfolio Manager at Firetrail Investments for the Firetrail High Conviction Fund and the Firetrail Absolute Return Fund. James’ primary sector responsibilities is Industrials stocks. James has over 14 years’ experience investing in equity markets.
Portfolio Manager

Justin Gray

Justin is Portfolio Manager of the Firetrail S3 Global Opportunities Fund and Head of Risk at Firetrail. Justin’s primary responsibilities include daily portfolio management, oversight of investment risk management and fundamental analysis. Justin is a qualified actuary and has over 20 years relevant industry experience.
Head of Investment Strategy

Anthony Doyle

Anthony is the Head of Investment Strategy for the Firetrail S3 Global Opportunities Fund. His primary responsibilities include fundamental idea generation, portfolio analysis, and economic insights including currency and macroeconomic risk management. Anthony has two decades of experience including 10 years working as an investment manager in the UK.

Key Features

APIR WHT7794AU
Benchmark MSCI World Net Total Return Index (AUD)
Portfolio allocation^ Global equities: Typically 90% – 100%
Cash: 0 – 10%
Stock numbers Approximately 30
Suggested investment timeframe 5 years or more
Short selling Not permitted
Borrowings Not permitted
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

Unit Prices and distributions

Unit prices are net of fees & do not include distributions. Distribution history is available at the bottom of the table; please select ‘show all entries’ in the drop down or download the PDF using the download button above the table.

1

The Responsible Entity has the discretion to accept lower initial investments. Does not apply to IDPS investments.

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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

All website content in respect of the Firetrail Absolute Return Fund (ARSN 624 135 879),  the Firetrail Australian High Conviction Fund (ARSN 624 136 045), the Firetrail Australian Small Companies Fund (ARSN 638 792 113), and the Firetrail S3 Global Opportunities Fund (ARSN 653 717 625) (“the Funds”) is prepared by Firetrail Investments Pty Limited (ABN 98 622 377 913 AFSL 516821) (“Firetrail”) as the investment manager of the Funds. Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 238371 (“PFSL”) is the issuer of the Funds. PFSL is not licensed to provide financial product advice.

The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current product disclosure statement (PDS) and Target Market Determination (‘TMD’) of the Fund which are available at https://firetrail.com/invest/, and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.

Neither PFSL nor Firetrail guarantees repayment of capital or any particular rate of return from the Fund. Neither PFSL nor Firetrail gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Firetrail as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.

The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned February 2022) 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.