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LPGD - Loftus Peak Global Disruption Fund (mFund)

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Dona Ferentes

beware the aedes of marsh
Joined
11 January 2016
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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
 
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
 
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?
 
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
 
qldfrog said:
Interesting, is there an advantage using asx listed funds or etf like these vs similar or same US versions?
Click to expand...
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 ...


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Everything comes at a cost, but the liquidity and hugging NTA mechanisms remove some of the 'anxiety' at purchase or sale time.
qldfrog said:
And do you know if they are usually edged vs USD?
Click to expand...
I only ever go unhedged.
 
Last edited:
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
 
Dona Ferentes said:
52 week high

View attachment 191747
Click to expand...
Fwiw, i invested..and sell sold out at break even (33c profit)
Why?
A personnal experience
Just admin processes and the reflection on this share processes:
The fund sent me the usual snail mail welcome, in it a line long esoteric web site address to update my details thru their obscure registry (apex group)
Tax, account, overseas tax form..the usual
Except the link did not work.
After 3 trials and checks, and a lot of wasted time, ended onto their Lotus website..no investor link.
I gave up and contacted the registry on the 15.
Got an answer yesterday.. to start debugging their issue.
By then i had sold the whole parcel.
If: a company has no registry link for investors and still expect manual paper forms, it is clearly a company i do not want to put $10k of my hard won in.
So out and blacklisted now
Happy it was not an expensive lesson
 
I plan on selling mine before 30 june (declaration of distribution) for a similar reason...
 
Global Disruption ..... sure, but who's benefiting?


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I didn't quite sell at the top, but 5.56 was close enough.
 
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