Firetrail Investments has announced that its S3 Global Opportunities Fund has now been listed on the ASX under the ticker code S3GO.
The fund is targeted at investors who are seeking a long-term exposure to a high-conviction, concentrated portfolio of global equities.
‘“S3 refers to the three attributes of the ideal stocks for the portfolio — sustainable business models, sustainable earnings, and sustainable positive change,” explained Firetrail Investments portfolio manager, James Miller.
“We assess a company against these attributes not today, but on our forecasting five years into the future. Sustainability is not simply a risk to be managed — it’s an investment opportunity”.
The fund gains its investment exposure by investing in units of an underlying fund — the Firetrail S3 Global Opportunities Fund — and has the aim of outperforming the MSCI World Net Total Return Index (AUD) over the long term.
It has received a ‘recommended’ rating from Zenith and an ‘Investment Grade’ rating from Lonsec, and has also been certified by the Responsible Investment Association Australasia.
“We see huge opportunities to deliver our clients superior investment returns by identifying companies that are future and current leaders in positive change,” commented Firetrail Investments' managing director, Patrick Hodgens.
“Investing is not about what companies are today; it’s about what they will be in the future. The same is true for sustainability.”
Firetrail Investments head of investment strategy, Anthony Doyle, said that the fund could be used as either a core component or satellite in an investment portfolio for investors with a time horizon of five years to allow for the positive change cycle to take place.
“S3GO is a portfolio of companies that are misunderstood or unrecognised by the wider investment community. Because of this, the portfolio is typically very different to both passive and active global equity ETFs,” he said.
As of the end of September, Firetrail had $6 billion in funds under management across a range of superannuation, institutions, endowments, family offices and high-net-worth individuals.
Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.