Invest with a leading Emerging Markets specialist

 Emerging Markets can benefit from rapid growth and potentially higher returns, which can beat their developed market counterparts. These markets also tend to benefit from high population growth and technology developments offering the potential for competitive returns over the long term. Managed by our specialist investment partner, Northcape Capital, the Fund uses a unique, disciplined and proven investment process, focused on deep fundamental stock and sector research. Combined with a rigorous portfolio construction approach and risk discipline the Fund is focused on building real wealth over the long-term, by limiting downside risks, whilst capturing steady growth. Northcape Capital has been managing global emerging markets equities for institutional investors for over 15 years and investors can now get exclusive access to this strategy via the Warakirri Global Emerging Markets Fund.

Investment Objective


Icon - Binoculars

Actively managed and diversified portfolio of typically 20 – 40 high quality emerging market companies diversified by geography, industry and market capitalisation.

Icon - Magnifying Glass

A long-term investment approach based on the belief that superior investment returns rely on fundamental investment research, good judgement and experience.

Icon - Globe

The ability for the portfolio manager to call on the research from typically 400 research meetings a year visiting companies in their home market.

Fund Facts

Benchmark MSCI Emerging Markets Total Return Index in AUD
Stock Range 20 – 40
Individual Stock Weight 0-10%
Inception Date 22 July 2020
Fund Size $103m
Distribution Frequency Semi-Annual
Currency Unhedged
APIR Code WRA4779AU
ARSN 642 392 863

Performance, Prices & Distributions


Net returns as at 30 June 2024

1 month % 3 months % FYTD % 1 year % 2 years % pa 3 years % pa Since inception (22/07/2020) % pa
Fund +3.30 -1.02 +5.38 +5.38 +11.14 +0.90 +3.65
Benchmark +3.51 +2.57 +12.18 +12.18 +8.59 -1.29 +4.42
Relative Return -0.21 -3.59 -6.80 -6.80 +2.55 +2.19 -0.77

Past performance is not a reliable indicator of future performance. The return of capital is not guaranteed.
For since inception performance of the Global Emerging Markets strategy by the underlying manager, Northcape Capital visit here.

Current Unit Price
Prices as at 16 July 2024

Month-end Unit Price
Prices as at 30 June 2024

Application $1.1734 $1.1358
Redemption $1.1664 $1.1290
Distribution Rate Reinvestment Price
30 June 2024 $0.00 N/A
31 December 2023 $0.00232003 $1.0855
30 June 2023 $0.00 N/A
31 December 2022 $0.00 N/A
30 June 2022 $0.00 N/A
31 December 2021 $0.00 N/A
30 June 2021 $0.01575703 $1.1054
31 December 2020 $0.00 N/A

Portfolio Holdings

As at 30 June 2024

Company Name Sector Country Weighting
Taiwan Semiconductor Manufacturing Co., Ltd. Information Technology Taiwan 9.4%
Hdfc Bank Financials India 8.0%
Samsung Electronics Co., Ltd. Information Technology South Korea 7.5%
Sk Hynix Information Technology South Korea 6.2%
Maruti Suzuki Consumer Discretionary India 6.1%
Femsa Unit Ubd Consumer Staples Mexico 5.1%
Tata Consultancy Information Technology India 4.9%
America Movil Sab De Cv Communication Services Mexico 4.6%
Dino Polska Consumer Staples Poland 4.4%
Bank Central Asia Financials Indonesia 4.4%
60.6%

Portfolio holdings are subject to change

As at 30 June 2024

 
34% Information Technology
18% Financials
13% Consumer Discretionary
11% Consumer Staples
10% Industrials
8% Communication Services
1% Utilities
1% Real Estate
3% Cash
 

As at 30 June 2024

 
23% India
18% Mexico
18% South Korea
15% Taiwan
6% Indonesia
5% China/HK
3% Brazil
1% Malaysia
8% Other
3% Cash
 

DIRECT INVESTORS - SUBMIT YOUR APPLICATION ONLINE

FINANCIAL ADVISERS - ACCESS THE ONLINE APPLICATIONS MANAGER

Fund Ratings & Platform Availability

Platform
BT Panorama Mason Stevens
BT Wrap Netwealth
FNZ North
HUB24 Powerwrap
Macquarie Vision Praemium
Macquarie Wrap

FAQs


What is the Warakirri Global Emerging Markets Fund (“Fund”)?

The Fund is an actively managed investment fund that provides investors with access to a portfolio of hand-picked companies in Emerging Markets diversified by geography, industry, and size of market capitalisation. The Fund aims to achieve long-term capital growth through a disciplined and proven investment process.

Why invest in Emerging Markets?

Emerging Markets are those whose economies are transitioning from developing to developed status and typically hold greater growth potential compared to the developed markets (such as Australian and global equity markets). Listen to this podcast to learn more about the investment opportunity in emerging markets.

What is the investment strategy of the Fund?

The Fund utilises an active management approach. The Fund’s investment manager seeks to invest in no more than 40 high quality businesses invested over an average time frame of three or more years based on their growth potential, diversified by country, industry and size within the emerging markets universe.

What benchmark is the Fund measured against?

The Fund’s benchmark is the MSCI Emerging Markets Total Return Index in AUD. This index tracks mid-cap and large-cap stocks across 24 emerging markets countries.

Who is the investment manager?

Northcape Capital is an international boutique fund manager fully owned by its staff. Northcape specialise in managing concentrated high-quality equity portfolios and has delivered significant value-added returns since their establishment in 2004, facilitating growth in funds under management to more than A$10 billion.