Forager International Shares Fund
LATEST UNIT PRICE
With $270 million of funds under management and an exclusive focus on long-term investing, Forager Funds is a unique Australian asset management company.
After seven years of performance driven growth, we have a sustainable business but are still small and nimble enough to invest in those small listed companies not accessible to most firms.
We will stay that way. The company is majority owned by staff, and our external shareholders support our desire to place performance before revenue. That means capping the size of our funds before too much money becomes an impediment to performance.
The Forager International Shares Fund (previously the Intelligent Investor International Fund) has a very broad mandate; to invest in any listed security in the world. This means that if a security is investable, the Fund is able to own it. In practice, the Fund will predominantly invest in developed countries with stable political environments including the US, Canada, United Kingdom, Western Europe, Hong Kong, Japan and South Korea.
The aim of the Fund is to provide the best risk adjusted returns available from the world’s stockmarkets.
The price you receive
The Fund is forward priced, you will receive the price struck subsequent to the receipt of your application/redemption.
IMPORTANT NOTICE REGARDING PROCESSING APPLICATIONS
Fundhost Ltd (ABN 69 092 517 087, AFSL 233045) is responsible entity of the Forager International Shares Fund ARSN 161 843 778 (fund). We are excited to announce that effective 17 December 2015, we will accept signed application forms and certified copies of documents required to identify applicants (Application Documents) by email or fax. We no longer require paper copies of Application Documents in order to commence processing your application for units in the fund. Provided we receive clear and legible copies of your Application Documents by email or facsimile by the relevant cut off time noted in the product disclosure statement for the fund dated 13 August 2014 (PDS), together with your application monies, we will process your application using the unit price effective for the day we receive your application monies and Application Documents by email or fax. Applications via email need to be sent to email@example.com or by fax to (02)9232 8600.
To apply for units in the fund using electronic means, you must accept full responsibility (to the extent permitted by law) for any loss arising from us acting upon Application Documents received by email or fax. You agree to release and indemnify Fundhost in respect of any liabilities arising from us acting on Application Documents received by email or fax, even if those documents are ultimately found to not be genuine. You also agree that neither you nor any other person has any claim against Fundhost in relation to a payment processed, units issued or other action taken by us if we rely on Application Documents received by email or fax.
You are welcome to apply for units in the fund by using the existing means of providing hard copy Application Documents if you prefer. Electronic applications are not compulsory for the fund.
If you have any queries in relation to the new application process, please contact Fundhost on +61 2 8223 5400 or email us at firstname.lastname@example.org.
The purpose of this notice is to provide updated information pursuant to ASIC Class Order 03/237 which is not materially adverse to investors in the fund under the PDS. While this change is not considered to be materially adverse to investors, it should be taken into account when making a decision to invest under the PDS.
Date: Thu 15 Sep 2016
NOTICE TO INVESTORS – REDUCED BUY/SELL SPREAD
15 September 2016
Fundhost and Forager are pleased to advise that due to securing favourable brokerage rates, the spread costs have been reduced from the spread disclosed in the PDS (+0.25 and -.25) to +0.20% and -0.20% effective 9 September 2016. The buy/sell spread is an adjustment to the unit price reflecting our estimate of the transaction costs that may be incurred as a result of the purchase/sale of assets arising from the issue/withdrawal of units.