Andrew Mitchell

Australian small and mid-cap equities manager Ophir Asset Management (Ophir) has announced the addition of the Ophir High Conviction Fund (Fund) to HUB24’s IDPS platform.

Launched in 2015, the Fund provides investors with a concentrated exposure to a high quality portfolio of Australian companies listed outside the ASX 50. The Fund recently reached its two-year track record, having delivered 21.5% per annum after fees.

This ranks the Fund as the top performing fund in Australia in its category over the time period.

“Investor demand for high performing, capacity-constrained small and mid-cap equity funds continues to grow” said Ophir Investment Director and Head of Sales Rob Saunders. “We’re excited to have the Ophir High Conviction Fund added to the HUB24 platform, the first Ophir fund to be made available to retail investors.”

The High Conviction Fund is the second investment strategy launched by Ophir, following the closure of the Ophir Opportunities Fund to new investors after reaching capacity limits. The Opportunities Fund recently reached its five-year anniversary, delivering 28.2% per annum after fees since inception.

Ophir Asset Management co-founder and Senior Portfolio Manager Andrew Mitchell said the Fund’s strong historical performance was a testament to the firm’s investment process and team.

“We operate a very extensive investment process that combines a rigorous company visitation schedule with fundamental, bottom-up analysis. We really pride ourselves on the amount of work we do around the company’s in which we invest.”

“Having two investment strategies at Ophir that both have returned in excess of 20% per annum after fees since inception is a great testament to that process”

The addition of the Fund to HUB24’s platform follows the recent appointment of Perpetual as Responsible Entity to the Fund. The High Conviction Fund is the first Ophir fund to be made available to retail investors via platforms.

The post Ophir Asset Management’s High Conviction Fund added to HUB24’s Investment Platform   appeared first on AdviserVoice.