Zenith Awards ‘Recommended’ Rating to Ophir Asset Management’s High Conviction Fund


Australian small and mid-cap equities manager Ophir Asset Management (Ophir) announces today that the Ophir High Conviction Fund (the Fund) has received a ‘Recommended’ investment rating from independent research house Zenith Investment Partners for the first time.

Zenith recently released its 2018 Australian Shares – Small Companies Sector Review, providing an overview of the Australian small cap equities asset class and performance review of funds within the sector.

In establishing a ‘Recommended’ rating for the Fund, report author Jacob Smart commented that “Zenith has confidence in the ability of Ophir to deliver on the Fund’s objectives given the high calibre of its investment team and attractiveness of the underlying investment philosophy and process”.

The report added that “Zenith draws comfort from the impressive track record Ophir has built managing small cap strategies.”

Established in 2015, the Ophir High Conviction Fund is the second investment strategy launched by Ophir Asset Management and follows the success of the asset manager’s original fund, The Ophir Opportunities Fund, launched in 2012.

Both Funds have returned in excess of 25% per annum since their inception after all fees.

Commenting on the report, Ophir Investment Director Rob Saunders said: “We’re delighted that Zenith has recognized the strength and repeatability of the Ophir investment process, alongside the team’s long track record in identifying attractive investment opportunities in small and mid-cap equities.”

The Ophir High Conviction Fund offers investors a concentrated and benchmark unaware exposure to Australian and New Zealand companies listed outside the S&P/ASX 50 Index. It seeks to identify high quality companies that are in, or about to enter, a structural growth phase.

Saunders added: “The ‘Recommended’ research rating caps off a great year for the fund and its evolution towards increased accessibility for financial advisors and their clients. The research rating follows on from the appointment last year of Perpetual as Responsible Entity for the Fund, alongside the issue of a PDS and recent addition to investment wrap platforms.”

“Where both Ophir Funds had historically been available only to wholesale investors, we’re very pleased to be in a position to now offer the High Conviction Fund more broadly. This is the first of the Ophir Funds to do so.”

From its inception in August 2015 to January 31 2018, the Ophir High Conviction Fund has returned 26.0% per annum after all fees, outperforming the S&P/ASX Mid-Small Index by 10.0% per annum.

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