Fund Summary

Unit prices

Buy 0.9627 / Sell 0.9589 (as at 24/03/2020)

Unit price history (CSV)

Date of Inception

02/07/19

The Investment

Units in a unit trust - the Cooper Investors Family & Founder Fund (the "Fund")

Minimum Initial Investment

This fund is currently closed to new or additional investments.

Manager

Cooper Investors Pty Limited ("CI" or the "Manager")

Custodian

National Australia Bank Limited

Benchmark

MSCI All Countries World net dividends in Australian dollars

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.

Investment Risks and Return Objectives

The objective of the Fund is to generate long term returns by investing in a range of listed securities. The Fund will invest in a portfolio of stocks that meet CI's guidelines of founder led, family linked or employee owned companies.

The Fund will be constructed with limited reference to the Benchmark and therefore the returns of the Fund may significantly vary from the Benchmark returns. The Fund has a long term investment horizon.

It is a long only portfolio of 15-30 stocks.

Investment Strategy

In constructing the portfolio, we narrow down the investable universe to those the Manager designates as founder led, family linked or employee owned. We use our VOF research process to assess individual companies, industries and countries and to construct a portfolio that aims to achieve the risk and return objectives.  The level of exposure to specific industries  and markets will be selected using CI's VOF framework.

CI believes that over the long term sustainable returns within acceptable risk parameters can be achieved by CI’s small, focused, experienced team:

  • Applying our VOF investment process.
  • Selecting the best stocks from the universe without reference to benchmarks and short term performance.

Additional Information & Fees

Redemptions

$50,000 minimum tranches (provided that the unit holder maintains a minimum investment of $500,000) may be redeemed each Tuesday and on the last day of each month, with 1 business day's notice.

Management Fee

1.0% 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

10% of the Fund’s out-performance of the Benchmark plus GST (calculated and paid monthly in arrears directly from the Fund). A high water mark applies.

How to invest

This fund is currently closed to new or additional investments.

To register your interest in investing, please contact our Client Relations team at clientrelations@cooperinvestors.com or on +61 3 9660 2600.

Get in touch with Cooper Investors