Fund Description
The OC Concentrated Equity Fund is a long/short absolute return fund with its target universe being stock listed or about to be listed on the ASX.
Investment Objective
The OC Concentrated Equity Fund objective is to generate long term returns over a range of equity market conditions by exploiting the best investment opportunities in the ASX.
Performance history
The Fund has a strong track record since it started in November 2003. View performance
Brochures and forms
- Product Disclosure Statement
- Fact Sheet
- Monthly and Quarterly Updates
- Change account details form
- Third party authority form
- Annual Report
Fund Characteristics
| Asset | Target Fund Weighting | Maximum Number of Positions | Maximum Stock Weighting |
| Australian Equities – Core Fundamental |
0% – 55% | 10 | 10% |
| Australian Equities – Emerging Leaders |
0% – 30% | 10 | 4% |
| Australian Equities – Alpha Plus |
0% – 50% | 14 | 7.5% |
| Cash | 0% – 100% | - | - |
Key Features
- The multi-strategy approach allows the Fund to be flexible and adaptable to different equity market conditions and value opportunities. The percentage of capital allocated to the three strategies varies depending on prevailing equity market conditions and value opportunities.
- Access to five highly experienced investment professionals focused on generating excess returns.
- A proven bottom up approach to active investment management using OC’s established investment skills, coupled with catalyst driven situations from our Alpha Plus strategy to deliver excess risk adjusted investment returns.
- Concentrated positions in the best fundamental investments available across all OC funds through the Core Fundamental component of the portfolio.
- Access through the Emerging Leaders component of the portfolio to emerging companies or those that are under researched by the broader market.
- Access through the Alpha Plus component of the portfolio to short term catalyst driven investments and secondary market issues (placements).
- Ability to short sell stocks where the investment team identifies a near term catalyst for price depreciation.
- The manager is committed to capping funds under management at $200m to avoid compromising investment performance by lack of transactional flexibility.
- Strong alignment of interests with clients. The managers are owners of the business and investors in the funds, providing strong investment performance incentive. Additionally, all performance fees are invested in the funds for a minimum of 12 months.
| Management Expense Ratio | 1.35%. |
| Performance fee | 10.25% |
| Performance hurdle | High water mark |
| High-water mark | Yes |
| Buy/sell spread | 0.30% |
| Minimum Application | $20,000 |
| Redemptions Payable | Usually within 7 days |
| Distributions | Yearly (30 June) |
| Entry fee | Nil |
| Exit fee | Nil |
| Savings plan | Available |
| Distribution Reinvestment Plan | Available |
| APIR Code | OPS0004AU |
| ISIN Code | AU60OPS00040 |
For more information download the OC Concentrated Equity Fund Fact Sheet 