Firetrail’s fund listed on the ASX

Oksana Patron

12 October 2022

Firetrail Investments has announced the launch of its S3 Global Opportunities Fund (S3GO), a concentrated equity portfolio of global companies, on the Australian Securities Exchange (ASX).

The fund would aim to outperform the MSCI World Net Total Return Index over the long term and would gain its investment exposure by investing in units of an underlying fund, the Firetrail S3 Global Opportunities Fund.

According to Patrick Hodgens, managing director, the strategy has been designed to identify the most attractive investment opportunities with sustainable positive change characteristics.

“We see huge opportunities to deliver our clients superior investment returns by identifying companies that are future and current leaders in positive change. Investing is not about what companies are today, it’s about what they will be in the future. The same is true for sustainability,” he said.

The companies in the fund’s portfolio are assessed against three attributes: sustainable business model, sustainable earnings and sustainable positive change.

“We assess a company against these attributes not today, but on our forecasting five years into the future. Sustainability is not simply as risk to be managed – it’s an investment opportunity,” James Miller, portfolio manager, said.

According to Anthony Doyle, head of investment strategy, 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 exchange traded funds,” he added.

The Fund has received a “Recommended” rating from Zenith and “Investment Grade” from Lonsec. The Fund has also been certified by the Responsible Investment Association Australasia (RIAA).

Firetrail S3 Global Strategy has $204 million under management.