LPGD - Loftus Peak Global Disruption Fund (mFund)

[Dona Ferentes]

Founded in 2014, Loftus Peak is a global equities fund manager with a focus on investment in listed disruptive Review an businesses. We have extensive experience and bring significant discipline to the process.

Our Australian Securities Exchange listed Fund (ASX code: LPGD) comprises some of the best and fastest-growing companies in the world – companies that we believe are driving change across all industries globally, constructed on the basis of strict criteria and included at carefully considered valuations. Holdings include large capitalisation names like Microsoft and Google (Alphabet) as well as many others that we expect to be household names in the future, such as Advanced Micro Devices and Qualcomm. This approach to investment across a wide range of global industries lowers the concentration risk inherent in the typical Australian portfolio, with its heavy skew toward banks, resources and the Australian dollar.

$570million FUM
1.20% MER with performance fees

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Top 10 Holdings (in alphabetical order)
Alphabet
Amazon
Meta
Microsoft
Netflix
ON Semiconductor
Qualcomm
Roku
Salesforce
Taiwan Semiconductor

 

[Dona Ferentes]

now $5.26

At November month end, the Fund was 94.3% invested in 30 holdings with the balance in cash exposure. The Fund has a high exposure to large capitalisation names which are highly cash generative with strong balance sheets. Focusing on high quality companies helps the Fund to withstand difficult periods in the market and drive strong, long-term outcomes for investors.

Top 10 Holdings (in alphabetical order)
Alphabet
Amazon
John Deere (new)
Meta
Microsoft
Netflix
ON Semiconductor
Qualcomm
Salesforce
Taiwan Semiconductor

 

[qldfrog]

Interesting, is there an advantage using asx listed funds or etf like these vs similar or same US versions?
And do you know if they are usually edged vs USD?

 

[qldfrog]

Just to add, would be interested to see if i can access these thru my current Aus Super self managed portfolio.
Will check next time i log

 

[Dona Ferentes]

Interesting, is there an advantage using asx listed funds or etf like these vs similar or same US versions?

this is a mFund, an ASX listed version of the Managed Fund run by Loftus.
It tracks the pricing of the unlisted fund; in fact if you look at volume - snapshot below - the mechanism to allow trades closely tracking its daily valuation is controlled...
The 300k, 200k and 200k volume are set daily by them and there's a cent or 3 to play with, depending on desire to trade ...

.
Everything comes at a cost, but the liquidity and hugging NTA mechanisms remove some of the 'anxiety' at purchase or sale time.

And do you know if they are usually edged vs USD?

I only ever go unhedged.

 

[qldfrog]

this is a mFund, an ASX listed version of the Managed Fund run by Loftus.
It tracks the pricing of the unlisted fund; in fact if you look at volume - snapshotbelow - the mechanism to allow trades closely tracking its daily valuation is controlled...
The 300k, 200k and 200k volume are set daily by them and there's a cent or 3 to play with, depending on desire to trade ...

View attachment 189656
.
Everything comes at a cost, but the liquidity and hugging NTA mechanisms remove some of the 'anxiety' at purchase or sale time.

I only ever go unhedged.

I like that controlled price, it is really annoying indeed to invest with lic which play NTA yo-yo
Adding a reminder on that company