Warakirri announces fee reduction for the Warakirri Global Emerging Markets Fund

11 March 2026

Effective Thursday 5 March 2026, Warakirri Asset Management as Responsible Entity for the Warakirri Global Emerging Markets Fund (Fund) has reduced the Fund’s management fee along with the performance fee¹ for investors as follows:

• Management fee 1.05% p.a. of the NAV of the Fund, previously 1.25% p.a.; and
• Performance fee of 15% on the amount of the outperformance – subject to a high watermark (previously 20.5%)

The changes were announced as part of an update to the Fund’s Product Disclosure Statement (PDS) and Additional Information Booklet.

Last year, emerging markets equities had their best year since 2017² with Warakirri seeing an increase in investor appetite for the asset class, as investors sought differentiated sources of return outside of developed markets, including US equities.

The Fund’s continued growth saw it reach a new milestone of $200m+ in total funds under management³ and the reduction in fees is designed to provide even greater accessibility for investors considering a dedicated exposure to the asset class, outside of their core global equities allocation.

The Warakirri Global Emerging Markets Fund was launched in July 2020 and is managed by Warakirri’s specialist investment partner, Northcape Capital which has a strong, long term performance track record dating back to July 2008. Northcape Capital manages A$9.4 billion in emerging markets equities³.

1. The management fee accrues daily and is reflected in the Fund’s unit price. It is paid monthly in arrears to the Responsible Entity of the Fund. The performance fee is subject to a high watermark and any period of underperformance must be recovered before any further performance fees are payable.  Please refer to the Fund’s Product Disclosure Statement and Additional Information Booklet for additional explanation of fees and costs, including an example of annual fees and costs for the Fund.
2. Measured by the MSCI Emerging Markets Index.
3. As at 28 February 2026.