Understanding disruption and its impact on business globally is important now more than ever. This video will give you an insight into how Loftus Peak invests.
With 25 years’ experience in disruptive business models gained during a career with Macquarie Bank, Alex heads one of the best-performing teams in global investment management in Australia.
He has a deep understanding of the mechanisms through which disruption changes business models and the impact it has on company valuation, with an acknowledged record of identifying thematics early in the investment cycle.
Anshu began his career more than 15 years ago as a global investment analyst, covering companies that have now been at the forefront of disruption for over a decade. He then took on a similar role with a focus on the Asian market, gaining a unique perspective on the global scale and impact of disruptive businesses. In 2014, Anshu became one of the founding members of Loftus Peak and quickly progressed to portfolio management, assuming the role of Portfolio Manager.
At Loftus Peak, his focus has been on developing a standardised repeatable process to unearth, value, and risk-adjust portfolio positions to stay ahead of the market.
Anshu holds an M.Com from the University of New South Wales, a B.Com (Hons) from Delhi University and he holds a CIPM® certificate and a Chartered Financial Analyst® designation.
Harry joined Loftus Peak as an analyst in 2018. He is a member of the investment team, with a focus on streaming, digital advertising and health sciences. He supports the Portfolio Manager and Chief Investment Officer through thematic, industry and company analysis as well as modelling for potential and current portfolio holdings.
He has graduated from the University of Sydney with a Bachelor of Commerce, majoring in Finance and Commercial Law. Harry is a CFA Charterholder.
Raymond joined Loftus Peak in March 2024 as Head of Research. Raymond has a strong background in the disruption thematic having developed and managed global disruption portfolios for Orca Funds Management and Evans and Partners Financial Group since 2017. Prior to this, Raymond was a well regarded research analyst at Goldman Sachs, covering the telecom, internet and media sectors.
Raymond has a Bachelor of Mechanical Engineering (Honours) and Commerce (Finance) from the University of Melbourne and has a Chartered Financial Analyst® designation.
$602m
ASX Code: LPGD
ARSN: 098 764 080
APIR: MMC0110AU
MSCI All Countries
World Index (net in AUD)
The risk/return profile of the Fund and benchmark differ due to differences in constituents
1. Management fees are inclusive of Goods and Services Tax (GST) and net of any Reduced Input Tax Credits (RITC). See the Product Disclosure Statement for more details as to how the relevant fees and costs are calculated.
2. 15% in excess of the hurdle return with a high watermark payable six monthly as at 30 June and 31 December each year.
** An indicative NAV per Unit (“iNAV”) for the Fund will be published throughout the ASX Trading Day. The iNAV reflects the real time movements in stock markets and currencies during the ASX Trading Day and, for securities not trading during the ASX Trading Day, listed proxy instruments selected on the basis of correlations with the underlying investments. The proxies and their correlations with underlying instruments are reviewed regularly and updated as required. The iNAV represents the best estimate by the Responsible Entity (“RE”) or its appointed agents of the value per unit in the Fund throughout the trading day. The iNAV published by the Fund is indicative only and might not accurately reflect the underlying value of the Fund. The Issuer or its appointed agents gives no guarantees that the iNAV will be published continuously or that it will be up to date or free from error. To the extent permitted by law, neither the RE or its appointed agent shall be liable to any person who relies on the iNAV.
Chart
Table
Performance Summary as at 30 November 2024*
| 1m | 3m | 6m | 1y | 3y p.a. | 5y p.a. | 7y p.a. | Inception p.a. (15 November 2016) | |
|---|---|---|---|---|---|---|---|---|
| Fund (Net) 3 | +3.93% | +9.44% | +14.34% | +39.30% | +13.62% | +20.45% | +19.08% | +21.38% |
| Index 4 | +4.46% | +7.52% | +12.54% | +27.72% | +10.78% | +12.17% | +12.18% | +13.74% |
| Value Added (Net) 5 | -0.52% | +1.92% | +1.80% | +11.58% | +2.84% | +8.28% | +6.91% | +7.64% |
*Past performance is not a reliable indicator of future performance. Source: Loftus Peak, MSCI
3. Net-of-fees performance is based on end-of-month redemption prices after the deduction of fees and expenses and the reinvestment of all distributions. Investment return and the principal value fluctuate, so your units, when sold, may be worth more or less than the original cost. For further details, please refer to the Fund’s product disclosure statement.
4. The benchmark for the Fund is the MSCI All Countries World Index (net) as expressed in AUD from Bloomberg.
5. The Value Added is shown as the Fund (Net) minus the benchmark.
| Date | NAV Unit Price | Entry Unit Price | Exit Unit Price |
|---|---|---|---|
| 18/12/2024 | $5.2531 | $5.2662 | $5.2400 |
| 17/12/2024 | $5.3799 | $5.3933 | $5.3665 |
| 16/12/2024 | $5.3685 | $5.3819 | $5.3551 |
Stockbroker
Administrator
To buy or sell units with your stockbroker:
- 1Read the Product Disclosure Statement and Fund Target Market Determination
- 2View the indicative Net Asset Value (iNAV)** shown below:
ASX Code: LPGD
View the iNAV on various data houses with associated ticker details:
| Provider | Units | Indicative Nav |
|---|---|---|
| Bloomberg | LPGD AU EQUITY | LPGDIV INDEX |
| Thomson Reuters | LPGD.AX | LPGDAUDINAV-SOLA |
| IRESS | LPGD.AXW | LPGDAUDINAV |
- 3Check the current LPGD buy/sell price with your stockbroker or on your online stockbroking application.
- 4 Buy or sell units on the ASX using ASX Code: LPGD.
There is no minimum investment amount for applications through the ASX.
* An indicative NAV per Unit (“iNAV”) for the Fund will be published throughout the ASX Trading Day. The iNAV reflects the real time movements in stock markets and currencies during the ASX Trading Day and, for securities not trading during the ASX Trading Day, listed proxy instruments selected on the basis of correlations with the underlying investments. The proxies and their correlations with underlying instruments are reviewed regularly and updated as required. The iNAV represents the best estimate by the Responsible Entity (“RE”) or its appointed agents of the value per unit in the Fund throughout the trading day. The iNAV published by the Fund is indicative only and might not accurately reflect the underlying value of the Fund. The Issuer or its appointed agents gives no guarantees that the iNAV will be published continuously or that it will be up to date or free from error. To the extent permitted by law, neither the RE or its appointed agent shall be liable to any person who relies on the iNAV.
Information and Forms Library
For a full list of forms:
Downloads CentreTo buy or sell units with the Fund's Administrator:
- 1Read the Product Disclosure Statement and Target Market Determination
- 2Complete the application form online through Connexian or download the hard copy Application Form.
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If you are making a hard copy application, send the application form to Apex Fund Services:
Apex Fund Services - Unit Registry
GPO Box 143
Sydney NSW 2001
If the form isn't loading correctly, click here to go directly to the application form.
Make Regular Payments with BPAY®
Loftus Peak accepts initial direct investments from individuals with a minimum amount of $5,000.
Additional investments into the Fund can also be made via BPAY®. To facilitate the use of this service you will need to enter the Loftus Peak BPAY® Biller Code 349845 along with your unique Customer Reference Number (CRN) which can be found when you log into your Investor Login.
Your individual CRN will be generated after your initial application to allow you to make additional investments by using BPAY®. BPAY® cannot be used for initial investments. When making the payment via BPAY®, you do not need to complete an additional investment form.
BPAY® is only available when purchasing units by way of Fund's Registry, Apex Fund Services (previously named Mainstream Fund Services) and is not available when purchasing units on the ASX.
Alternatively, if you have a query about an application, withdrawal, holding or distribution, contact Apex Fund Services (formerly Mainstream Funds Services), the Fund's administrator at:
Telephone: 1300 133 451
Email: loftuspeak@apexgroup.com
What sort of fund is the Loftus Peak Global Disruption (Managed Fund)?
The Loftus Peak Global Disruption Fund is a Registered Managed Investment Scheme with units also live quoted as an active ETF on the Australian Securities Exchange (ASX).
Investors can enter and exit the fund by either;
- a) submitting the relevant form to the Responsible entity (via the Apex Fund Services (formerly Mainstream Funds Services), the Unit Registry), or
- b) transacting via their stockbroker on the ASX.
The investor method of transaction is dependent upon whether their units are held under a HIN or SRN.
What is the difference between a HIN and an SRN?
A HIN is a Holder Identification Number for a Broker Sponsored holding. It is a unique number used to link all your holdings, stocks, shares, and not specific to just Loftus Peak.
A HIN is 11 characters long. It starts with an ‘X’ followed by 10 digits. Example: X0001235898.
An SRN is a Shareholder Reference Number for Issuer Sponsored holdings. An SRN is issued by Apex Fund Services (formerly Mainstream Funds Services) and is your unique identifier in the Loftus Peak Global Disruption Fund.
An SRN issued by Apex Fund Services (formerly Mainstream Funds Services) is 11 characters long. It starts with an ‘I’ followed by 10 digits. Example: I0098511470. Your SRN will be stated on your first confirmation statement and partly masked for subsequent statements.
Are the Units listed on the exchange different from those under an SRN? Do they trade independently of each other?
No, investors can simply choose whether they transact their units directly with the Responsible Entity via the Unit Registry or through the ASX.
Can I buy Units on the ASX and sell through the Unit Registry – and vice versa?
Yes. However, you will need to undertake a conversion step in each case.
If your Units are held with a HIN, then to sell them via the Unit Registry you will need to ask your Broker to change your HIN holding to an SRN holding.
Once converted to SRN, to effect the sale of Units, you should then submit a completed withdrawal form to Unit Registry. You will need to provide relevant identification documents if you haven’t done so already.
If your Units are under an SRN and you wish to sell on the ASX, you will need to ask your stockbroker to convert your SRN holding to a HIN holding. You can then instruct your stockbroker to sell the Units.
Is there a different minimum investment amount for buying Units unlisted vs via the ASX?
Investors have the choice whether they purchase units by:
- Applying for Units to the Responsible Entity with an Application Form - a minimum investment of $5,000 applies to all investors who choose this method
- Purchasing Units on the ASX via their stockbroker - the minimum trade size will be determined by their stockbroker.
What is the difference between the ASX quoted price and the daily unit price (NAV)?
The daily unit price reflects the Net Asset Value (NAV) at the end of the trading day.
As an active ETF, the Fund will publish an indicative NAV (“iNAV”) which reflects the real time movements in stock markets and currencies during the ASX Trading Day and, for securities not trading during the ASX Trading Day, listed proxy instruments. The iNAV represents the best estimate of the value per unit in the Fund throughout the trading day. The iNAV calculation is performed by Solactive AG and then provided to Macquarie Securities (Australia) Limited, the market maker which acts as an agent of the Fund.
Where can I see the Fund's holdings?
The full list of the Fund's holdings are released to the ASX quarterly with a two month lag. There are also references to a number of current holdings in the Fund's Monthly Update.
Can I purchase units using BPAY?
You can now make additional investments to the Loftus Peak Global Disruption Fund by using BPAY®
To facilitate the use of this service you will need to enter the Loftus Peak BPAY® Biller Code 349845 along with your unique Customer Reference Number (CRN) which can be found when you log into your Apex Registry portal here.
Your individual CRN will be generated after your initial application to allow you to make additional investments by using BPAY®. BPAY® cannot be used for initial investments. When making the payment via BPAY®, you do not need to complete an additional investment form.
BPAY® is only available when purchasing units by way of Fund's Registry, Apex Fund Services (previously named Mainstream Fund Services) and is not available when purchasing units on the ASX.