The Antipodes Emerging Markets Fund (PIE) (the ‘Fund’) is one of three PIE-compliant New Zealand-domiciled funds within the Antipodes Investment Funds (the ‘Scheme’). FundRock NZ Limited is the issuer and manager of the Fund, with investment management undertaken by Antipodes Partners Limited (‘Antipodes’). The Fund is registered as an offer within a Managed Investment Scheme under the Financial Markets Conduct Act 2013 and is regulated by the FMA.
Antipodes, in conjunction with Pinnacle Investment Management (Pinnacle) promote and distribute the Fund to investors.
Investment Manager
Antipodes Partners Limited
Investment Policy and Objectives
The Fund provides exposure to a portfolio of companies that are exposed to emerging markets or listed on emerging market stock exchanges.
The Fund aims to achieve absolute returns in excess of the MSCI Emerging Markets Net Index in NZ dollars over the investment cycle (typically 3-5 years).
Investment Strategy
The Fund invests in the Antipodes Emerging Markets Fund (an Australian registered managed investment scheme), and cash or cash equivalent securities.
The Underlying Fund's investment exposure is predominantly to a portfolio of companies that are exposed to emerging markets or listed on emerging market stock exchanges. The portfolio usually contains a minimum of 30 long holdings.
The Underlying Fund may use over-the counter or exchange-traded derivatives to manage portfolio risks, reduce transaction and administrative costs, and manage liquidity.
Benchmark
MSCI Emerging Markets Net Index in NZ dollars
Minimum Investment Timeframe
5 Years
