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Endeavour Fund

Unhedged
The Fund will invest predominantly in listed securities of businesses with less than US$2 billion in annual revenues. Investing in a concentrated portfolio of smaller businesses, which may be less liquid, and may result in higher (short term) volatility.
Investment Strategy

The Endeavour Fund invests in a portfolio of global listed small companies.

The objective is to compound capital at attractive rates of return over the period of a decade. The Fund is focused on capital preservation, invests long-only and does not apply leverage.

Long Term: we assess risk and opportunity over an industrial timescale, not a financial timescale.
Concentrated: we hold circa 15 deeply researched, diversified investments.
Specialisation: we invest in only five business models.
Leverage Cooper Investors: we leverage CI’s scale and global network.

Fund Manager(s)
Marcus Guzzardi
Marcus Guzzardi
Portfolio Manager - Global Equities
B.Comm, M.Comm (Hons), CFA
Geoffrey Di Felice
Geoffrey Di Felice
Portfolio Manager - Global Equities
B.Comm (Hons), MBA, CFA
Marcus Guzzardi

Marcus Guzzardi

Portfolio Manager - Global Equities
B.Comm, M.Comm (Hons), CFA

Marcus joined Cooper Investors (CI) in November 2012 as a member of the Global Equities team.

In September of 2024 along with Geoff Di Delice, Marcus was appointed Co-Portfolio Manager of the Global Equities Strategy.

In partnership with Geoff, Marcus established the CI Endeavour Fund in September 2021.

Prior to joining CI Marcus completed studies at The University of Melbourne before beginning his career in 2009 as an equities analyst at Diogenes Research, an independent equities research house.

Geoffrey Di Felice

Geoffrey Di Felice

Portfolio Manager - Global Equities
B.Comm (Hons), MBA, CFA

Geoff joined Cooper Investors (CI) in March 2014 as a member of the Global Equities team.

In September of 2024 along with Marcus Guzzardi, Geoff was appointed Co-Portfolio Manager of the Global Equities Strategy.

In partnership with Marcus, Geoff established the CI Endeavour Fund in September of 2021.

Prior to joining CI, Geoff worked at Access Capital Advisers where he focused on unlisted investments. Geoff started his career in 2008 with CP2, a specialist infrastructure investor.

Unit Prices
Buy 1.2697 / Sell 1.2621 (as at 23-Oct-24)
Unit price history (CSV)
Date of Inception

02/09/2021

The Investment

Units in a unit trust – the Cooper Investors Endeavour Fund (the “Fund”)

Minimum Initial Investment

$100,000 (Wholesale investors only)

Manager

Cooper Investors Pty Limited (“CI” or the “Manager”)

Custodian

Citigroup Pty Limited

Benchmark

Absolute return hurdle of 8% per annum.

APIR Code

CIP3212AU

Distributions

Income distributions will normally be paid half-yearly as at 31 December and 30 June (although the Manager has the discretion to distribute more frequently) and will automatically be invested in further units unless a unit holder elects otherwise.

Performance History

Performance & Reporting

Past performance is not a reliable indicator of future performance
^Partial Year (inception date was August 2021)
*Annualised

Source: Internal CI data reports, October 31, 2024

Past performance is not a reliable indicator of future performance

Source: Internal CI data reports, October 31, 2024

Additional Information & Fees
Investment Horizon

10 years

Portfolio Construction

A concentrated portfolio of circa 15 investments with ability to hold cash at the manager’s discretion

Hedging

Unhedged (with capacity to hedge)

Management Fee

1.2% per annum of the Net Asset Value (before fees and expenses) plus GST calculated and paid monthly in arrears directly from the Fund.

Performance Fee

15% of returns over 8% (after the management fee, subject to high water mark) plus GST.

Redemption

Monthly with 30 days notice

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The Steps

How to invest.

To register your interest in investing please contact Client Relations or Ron Galea for further information.

01
Read the Information Memorandum.
Download Now
02
Complete the Application Form.
Application Form

Wholesale funds.

By clicking the button below you are confirming that you are an Australian wholesale client for the purposes of section 761G of the Corporations Act 2001 (Cth) or you are otherwise in a jurisdiction where it is not unlawful for you to access information about CI’s products. The information contained on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject CI to any registration or other requirement within such jurisdiction or country.

In particular, the information contained in this website is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities or services in the United States to or for the benefit of any person in the United States. The Funds managed by CI have not been registered in the United States under the Investment Company Act of 1940 and units in the Funds are not registered in the United States under the Securities Act of 1933. The wholesale fund reports and other material contain factual information only and are not intended to imply any recommendation.

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