UNIT PRICE

Date: 12 December 2017 View Historical Unit Prices
Mid-point:
1.718905
Subscribe:
1.724062
Redeem:
1.713748

Past performance is not indicative of future performance.

 

GROWTH OF $10,000 TO NOV 2017*

Past performance is not indicative of future performance.

The Fund seeks to provide long term capital growth through investing in global shares, with a tight focus on risk management.

Our experienced team applies fundamental analysis and market insights to identify investment opportunities.

The Fund typically aims to buy shares in companies around the world based on our philosophy of “Change Creates Opportunity”. We are seeking to identify “enduring” change as opposed to fleeting change. We typically harvest our opportunities across the following arenas:

  • Industry
  • Technological
  • Economic and political

We can also short sell[1] where deemed appropriate to enhance returns. The Fund has seek to invest in any global listed stock with a market capitalisation greater than US$400m[2] and has generally at least 50% of net assets invested in these.

To manage risk, the Fund employs “top down” macro analysis such as macroeconomic trend as well as investing in individual stocks. Morphic can short sell and uses derivatives and other assets to reduce volatility and protect capital. It views cash holdings as a natural alternative when suitable equity investment opportunities cannot be identified.

[1] Short selling is the sale of a security that is not owned by the seller, or that the seller has borrowed.
[2] This limit is not indicated in the PDS.

MORPHIC GLOBAL OPPORTUNITIES FUND PERIODIC PERFORMANCE (AFTER FEES)

Returns Fund Index**
1m 2.6% 3.0%
3m 12.0% 10.8%
1yr 21.4% 21.3%
3yr (p.a) 11.8% 12.3%
ITD (p.a) 18.2% 18.5%

MGOF PERIODIC PERFORMANCE (GROSS OF FEES & TAXES) – FOR INSTITUTIONAL INVESTORS REFERENCE ONLY

Returns Fund* Index***
1m 2.8% 3.0%
3m 12.5% 10.9%
1yr 23.8% 22.0%
3yr (p.a) 14.1% 12.9%
ITD (p.a) 20.7% 19.1%

Past performance is not indicative of future performance.

LATEST INVESTOR REPORTS

We are rated by:

* Calculations are based on exit price with distributions reinvested, after ongoing fees and expenses but excluding individual tax, member fees and entry fees (if applicable). Fund inception 2 August 2012. 

* Index refers to MSCI AC World Net Total Return Index in AUD

** Index refers to MSCI AC World Gross Total Return Index in AUD

 

Material on this website does not take into account the investment objectives, financial situation or particular needs of any particular person. Investors should obtain individual financial advice based on their own particular circumstances before making an investment decision. Any person considering investment in the Morphic Global Opportunities Fund (“MGOF”) should first review the Product Disclosure Statement (PDS) for the Fund issued by Perpetual Trust Services Ltd dated 23/01/2014. Initial Applications for units in the MGOF can only be made pursuant to the application form in the PDS. Morphic does not guarantee repayment of capital or any particular rate of return from the MGOF. Past performance is no guarantee of future performance. Investment returns have been calculated in accordance with normal industry practice utilising movements in unit price and assuming reinvestment of all distribution of income and realised profits. Statements of fact in this report have been obtained from and are based upon sources that Morphic believes to be reliable, but Morphic does not guarantee their accuracy, and any such information may be incomplete or condensed. All opinions and estimates included in this report constitute Morphic’s judgement as at the date of this communication and are subject to change without notice. 

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