Antipodes UCITS Funds

Fund and Investment Manager

The Antipodes Global Fund – Long – UCITS (the “Fund”) is managed by Antipodes Partners Limited (the “Investment Manager”). The Fund is a sub-fund of Pinnacle ICAV (the “ICAV”) and was authorised by the Central Bank of Ireland on 5 May 2017. The Fund supplement and associated documents were noted by the Central Bank of Ireland on 23 November 2017.

The Fund is will begin issuing unit prices following seeding of the S Class in early February 2018.

 

Index

The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in USD (the Index) over the investment cycle (typically 3-5 years).

Fund and class information

The Fund’s base currency is USD

Shares Class

S Share Class USD
(Accumulating Shares)

I Share Class USD
(Accumulating Shares)

ISIN

IE00BFNKTG02

IE00BFNKTH19

Currency

USD

USD

Minimum initial amount

$50,000,000

$10,000,000

Minimum subsequent investments

$5,000,000

$1,000,000

Investment management fee2

0.85%

0.85%

Performance fee3

Nil

Nil

Voluntary cap on covered costs1

0.15%

0.15%

Voting shares

No

Yes

Open for investment

Yes

Yes

UK reporting fund

No

No

Registered in

UK & Ireland1

UK & Ireland1

1  Open to Institutional Investors only.

Key investment policies

  • The Fund aims to achieve its investment objective by primarily investing in a select number (usually a minimum 30) of attractively valued companies listed on the Regulated Markets.
  • Investments will not be made by reference to any benchmark or index or limited to any particular industry or sector and will be chosen based on the investment methodology described in the Fund Supplement.
  • There is no geographical focus in respect of any category of investment by the Fund and the Fund may invest in excess of 20% of its Net Asset Value in emerging market countries (including Russia).
  • The Fund may use derivative instruments for netting and hedging arrangements
  • The Fund cannot use derivative instruments to leverage portfolio exposure and the total exposure of the Fund to 100% of Net Asset Value to remain net long.

Further information is available in the Fund Prospectus and Supplement.

Literature and filings

Application forms

An application form for the Antipodes Global Fund - Long - UCITS can be requested by emailing the Funds Global Distribution Partner representative:
ucits@pinnacleinvestment.com.au

Pinnacle ICAV information & Fund Prospectus

Pinnacle ICAV is a Dublin registered open-ended investment vehicle with variable capital and segregated liability between its sub-fund. The ICAV was authorised by the Central Bank of Ireland on 5 May 2017.

Fund documents

Prospectus

Antipodes Global Fund - UCITS Supplement

Antipodes Global Fund - Long - UCITS Supplement

The ICAV financial year end is 30 June 2018. Interim statements (as at Dec 2017) will be available in early February 2018.

Policies & other disclosures

Remuneration Policy

Contact us

Global Distribution

 

Contact Person:

Andrew Findlay

Street Address:

L35, 60 Margaret Street, Sydney, NSW 2000, Australia

 

Pinnacle ICAV – Ireland

 

Registered Address:

25/28 North Wall Quay, IFSC, Dublin 1, Ireland

 

Administrator – RBC Investor Services Ireland Limited

 

Registered Address:

4th Floor, One Georges Quay Plaza, Georges Quay, Dublin 2, Ireland