Greencape High Conviction Fund
The Greencape High Conviction Fund offers investors access to a highly concentrated portfolio of stocks. It can invest in Australian listed companies as well as up to 10% in stocks listed on any international stock exchange. We aim to fully hedge any international asset exposure back to Australian dollars.
The Fund can invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares. Derivatives, such as futures and options, may be used to reduce risk or gain exposure to other types of investments.
The largest active exposures in the portfolio are consistent with the stocks with the best rating by Greencape. Portfolio construction guidelines limit the portfolio’s exposure to any one stock or sector. The result is a concentrated portfolio of between 15 to 40 stocks that we believe are likely to perform.