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K2 has six investment funds focused on Australian, Asian and International equities markets. Since inception each fund has consistently delivered solid returns for our investors.


K2’s performance is based on our unique approach: a flexible mandate to adapt to volatile equity markets, high conviction stock selection and a tested investment process. Our managers rely on their own research, intelligence and depth of experience together with market analysis and direct contact with companies to make investment decisions that deliver.

  • Annapurna Microcap Fund

    View
  • KSM - K2 Australian Small Cap Fund

    View
  • K2 Australian Fund

    View
  • K2 Select International Fund

    View
  • K2 Asian Fund

    View
  • K2 Global High Alpha Fund

    View

Annapurna Microcap Fund

Our Belief

To deliver superior risk-adjusted returns in microcaps through the investment cycle while protecting clients’ invested capital

Summary

► The Annapurna Microcap Fund is a high conviction Nanocap, Microcap and Smallcap fund managed by leading microcap professionals with a long track record managing global Emerging Companies

► The Annapurna Microcap Fund will be managed by Stephen Scott and Bill Laister who previously managed the largest and longest running listed microcap fund in Australia

► The Annapurna Microcap portfolio managers will seed the fund

► The new Annapurna Microcap Fund is targeting $50m. It will invest in both Australia and global microcaps

► Management fee of 1.025% (incl. GST and RITC) (notably below peers) with a performance fee 

► The Annapurna Microcap investment team are supported by a large and well resourced fund manager - K2 Asset Management which has a 21 year track record

► K2 will also oversee administration, legal and compliance

Our Aim

To achieve 10% p.a. net of fees over a 3 – 5 year investment cycle

  • MONTHLY REPORTS
  • PDS
  • annapurna microcap fund monthly report - january 2021
  • annapurna microcap fund monthly report - december 2020
  • annapurna microcap fund monthly report - november 2020
  • Annapurna Microcap fund monthly report - October 2020

Annapurna Microcap Fund
Lead Portfolio Manager Stephen Scott & Bill Laister
Structure International Emerging Companies
Inception 1 September 2020
Minimum Investment $5,000
Management Fee 1.025% p.a. (incl. GST & RITC)
Performance Fee 20.50% p.a. (incl. GST & RITC) of the amount by which the NAV exceeds the High Water Mark. The fund must also exceed a net 6% p.a. hurdle before a performance fees applies on total performance.
ARSN 643 580 572
APIR KAM9683AU

Register here to receive regular information about the Annapurna Microcap Fund

Monthly Reports

Biographies

Stephen Scott

Portfolio Manager

► Responsible for the management of the microcap fund

► Long track record in the nanocap and microcap investing

► Over 25 years funds management experience domestically and globally

Over 25 years experience and a leading emerging companies / microcap portfolio manager. His roles have included Head of Research, Senior Portfolio Manager, Microcap Industrial Analyst and Senior Analyst. Stephen has been involved in portfolio management and construction, economic analysis and securities research throughout his career and was part of the largest microcap investment team and mandate in Australia.

Stephen has both domestic and global experience having worked in London, New York and Sydney in Senior funds management, investment research and management roles. Stephen has worked for Westpac, Deutsche Asset Management, Ord Minnett, Contango Asset Management, MAP Capital and Taylor Collison.

Bill Laister

Portfolio Manager

► Responsible for the management of the microcap fund

► Long track record in the nanocap and microcap investing

► Over 30 years funds management experience

Over 30 years experience in the financial services industry as Senior Portfolio Manager, Head of Australian Equities, Head of Trading and Resources Analyst. He has worked at several organisations as Senior Portfolio Manager at Contango Asset Management (initial shareholder, 1999), Head of Australasian Equities HSBC AM, Director Contango MicroCap Ltd (ASX listed) and various roles at Wilsons and Co and Morgans Stockbroking in the 1980s.

Bill has been involved in resources analysis, portfolio construction and management through out his career. He launched the first Australian MicroCap mandate in 2004 and grew FUM to be the largest in the local market. He travels regularly reviewing greenfield sites, mining operations and growth opportunities for companies.

 

 

KSM - K2 Australian Small Cap Fund (Hedge Fund)

The K2 Australian Small Cap Fund (KSM) provides investors with the opportunity to invest in a diversified Australian Small / Mid cap equities fund directly via the ASX. The fund’s units trade on the ASX market, meaning investors can buy and sell units via their own online broker account, stockbroker or financial planner.

The K2 Australian Small Cap Fund has a mandate to invest both long and short, seeking to provide investors with absolute returns. Through the active management of equity and cash exposure this strategy has delivered significant returns to clients since the funds inception in 2013.

Developed with the self-managed super fund in mind the K2 Small Cap Fund provides investors ease of access to a market segment that would otherwise not be present in their portfolios.

ASX Ticker KSM
Intraday Indicative NAV (iNAV) A$2.54* as at 4:15PM 26th Feb 2021
*quoted ex-distribution
Structure Australian Small Cap Equities Fund
Inception 1 December 2013
Management Fee 1.31% p.a. (incl. GST & RITC)
Performance Fee 15.38% p.a. (incl. GST & RITC) of the amount by which the NAV exceeds the High Water Mark. The fund must also exceed a net 6% p.a. hurdle before a performance fees applies on total performance.
ARSN 166 480 584

 

  • MONTHLY REPORTS
  • ASX ANNOUNCEMENT
  • DOWNLOADS
  • PDS
  • KSM - Distribution Reinvestment Plan
  • KSM - Direct Credit Form
  • KSM - DRP Election From
  • KSM - FATCA Details Form
  • KSM - Notification of TFN
  • KSM - Email Collection Form
  • ksm fund monthly report - january 2021
  • ksm fund monthly report - december 2020
  • ksm fund monthly report - November 2020
  • ksm fund monthly report - October 2020
  • ksm fund monthly report - September 2020
  • ksm fund monthly report - August 2020
  • ksm fund monthly report - July 2020
  • ksm fund monthly report - June 2020
  • ksm fund monthly report - May 2020
  • ksm fund monthly report - April 2020
  • ksm fund monthly report - March 2020
  • ksm fund monthly report - February 2020

K2 Australian Small Cap Fund Performance
at: 31 January 2021 Net of fees
1 month
%
6 months
%
1 year
%
2 year
%
3 year
%
Since
Inception
% p.a
K2 Australian Small Cap Fund 0.80% 33.68% 10.2% 11.9% 1.7% 8.8%

Benefits of investing via the ASX

  • Easy access via your broker or online broker account
  • No paper application forms
  • No minimum investment
  • Investments held via your CHESS account
  • Intraday liquidity

How to Invest

  1. - Read the K2 Australian Small Cap Fund PDS
  2. - Trade via your online broker account or contact your stockbroker or financial planner

Register here to receive regular information about the KSM - K2 Australian Small Cap Fund

K2 Australian Small Cap Fund investment philosophy

At K2, we focus on delivering superior risk adjusted returns for our clients over the long term. We invest in equities to generate positive returns and aim to preserve our clients’ capital when market conditions change.

K2 has a flexible investment style as we believe that there is no one uniform cycle across the investment universe. By adopting the most appropriate style (for example, growth, value, momentum or income) that is best suited to the current market conditions allows K2 to maximise risk-adjusted returns.  Investment opportunities can come from any number of areas and as a result K2 incorporates top down macro-economic analysis with bottom up stock selection.

Each of K2’s experienced investment managers brings their own investment style and methodology to our portfolios, combining their individual research with direct contact with companies.  Investment managers are encouraged to invest autonomously and pursue investment opportunities within a well-documented framework.  As a result, K2’s portfolios tend to be high conviction and index unaware.  The investment team will always examine key investment variables, however, it is the team’s ability to identify major investment themes and catalysts on a timely basis that gives K2 its competitive advantage. 

In addition to identifying undervalued stocks, K2 has the ability to actively manage equity market exposure and currency exposure as well as having the ability to short sell. These provide K2’s portfolio managers with additional tools to deliver superior risk adjusted returns for our clients.

The K2 Australian Small Cap Fund seeks to add value by investing in mis-priced stocks, where a company’s fundamental value has not yet been recognised by the market.

K2's assessment of a company's management, industry structure and valuation leads to investments in high quality companies in industries with structural growth or which have barriers to entry for competitors.

The portfolio is constructed primarily via a bottom up investment process which identifies K2's highest conviction ideas. If there are limited opportunities in the equity market the fund will hold cash until profitable opportunities are uncovered.

Investment Process

The K2 Australian Small Cap Fund seeks to add value by investing in mis-priced stocks, where a company’s fundamental value has not yet been recognised by the market.

K2's assessment of a company's management, industry structure and valuation leads to investments in high quality companies in industries with structural growth or which have barriers to entry for competitors.

The portfolio is constructed primarily via a bottom up investment process which identifies K2's highest conviction ideas. If there are limited opportunities in the equity market the fund will hold cash until profitable opportunities are uncovered.

Management quality is assessed via:

  • Track record
  • Execution of business strategies
  • Capital Management
  • Alignment of interests with shareholders

Industry Structure is assessed via:

  • Growth outlook, supply and demand
  • Barriers to entry, potential competition
  • Regulatory environment
  • Substitutes
  • Pricing Power

Valuations are monitored on a relative basis with EPS growth and PER forming the criteria for determining current value and identifying when the intrinsic value assessment is reached.

In assessing intrinsic value, stock liquidity is a key consideration. As a high conviction portfolio with an ability to hold cash, monitoring valuations helps set realistic price targets.

Performance Since Inception

Past performance is not a reliable indicator of future performance. View Full Disclaimer.

Sector Equity Exposure

Graph represents sector equity exposure as at 31/01/2021

KSM Daily Pricing Performance

DateNAV
25/02/212.55
24/02/212.57
23/02/212.57
22/02/212.59
19/02/212.58
18/02/212.60
17/02/212.63
16/02/212.64
15/02/212.64
12/02/212.63
11/02/212.64
10/02/212.65
09/02/212.64
08/02/212.66
05/02/212.64

Download Daily Pricing Performance CSV

  • View the
    31 December 2020
    K2 Australian Small Cap Fund
    Financial Report

  • View the
    30 June 2020
    K2 Australian Small Cap Fund
    Financial Report

  • View the
    30 June 2020
    K2 Australian Small Cap Fund
    AMIT Statement

K2 Australian Fund

The K2 Australian Fund invests in listed equities in both Australia and New Zealand. The fund aims to deliver long term growth by capitalising on investment opportunities present in all market cycles.

The K2 Australian Fund has a mandate to invest both long and short, seeking to provide investors with absolute returns.

Through the active management of equity and cash exposure, this strategy has delivered significant returns to clients since the fund’s inception in 1999.

K2 Australian Fund Performance
at: 31 January 2021 Net of fees
1 year
%
3 year
% p.a
5 year
% p.a
7 year
% p.a
10 year
% p.a
Since
Inception
% p.a
K2 Australian Fund -2.7% 0.0% 4.9% 4.2% 5.0% 9.9%

K2 Australian Fund investment philosophy

At K2, we focus on delivering superior risk adjusted returns for our clients over the long term. We invest in equities to generate positive returns and aim to preserve our clients’ capital when market conditions change.

K2 has a flexible investment style as we believe that there is no one uniform cycle across the investment universe. By adopting the most appropriate style (for example, growth, value, momentum or income) that is best suited to the current market conditions allows K2 to maximise risk-adjusted returns.  Investment opportunities can come from any number of areas and as a result K2 incorporates top down macro-economic analysis with bottom up stock selection.

Each of K2’s experienced investment managers brings their own investment style and methodology to our portfolios, combining their individual research with direct contact with companies.  Investment managers are encouraged to invest autonomously and pursue investment opportunities within a well-documented framework.  As a result, K2’s portfolios tend to be high conviction and index unaware.  The investment team will always examine key investment variables, however, it is the team’s ability to identify major investment themes and catalysts on a timely basis that gives K2 its competitive advantage. 

In addition to identifying undervalued stocks, K2 has the ability to actively manage equity market exposure and currency exposure as well as having the ability to short sell. These provide K2’s portfolio managers with additional tools to deliver superior risk adjusted returns for our clients.

  • MONTHLY REPORTS
  • PDS
  • k2 australian fund monthly report - january 2021
  • k2 australian fund monthly report - december 2020
  • k2 australian fund monthly report - November 2020
  • k2 australian fund monthly report - October 2020
  • k2 australian fund monthly report - September 2020
  • k2 australian fund monthly report - August 2020
  • k2 australian fund monthly report - July 2020
  • k2 australian fund monthly report - June 2020
  • k2 australian fund monthly report - May 2020
  • k2 australian fund monthly report - April 2020
  • k2 australian fund monthly report - March 2020
  • k2 australian fund monthly report - February 2020

K2 Australian Fund
Structure Australian Equities
Inception 1 October 1999
Minimum Investment $20,000
Management Fee 1.31% p.a. (incl. GST & RITC)
Performance Fee 15.38% p.a. (incl. GST & RITC) of the amount by which the NAV exceeds the High Water Mark. The fund must also exceed a net 6% p.a. hurdle before a performance fees applies on total performance.
ARSN 106 882 302
APIR KAM0101AU

Register here to receive regular information about the K2 Australian Fund

Investment Process

High Conviction Risk Controlled Ungeared Benchmark Unaware

K2 Australian Fund

Investment Team

Portfolio Managers
Currency Strategist
Range Committee

Cash Allocation

Range 0 - 100%
Macro top-down view

Shorting

Additional source of alpha Company specific

Liquidity

FUM Constrained

Currency Hedging

Protect offshore returns
Not a trading strategy

Stop Losses

Trigger Process
Sell losers / run winners
Constantly reviewed

Performance Since Inception

Past performance is not a reliable indicator of future performance. View Full Disclaimer.

Sector Equity Exposure

Graph represents sector equity exposure as at 31/01/2021

K2 Australian Fund Daily Pricing Performance

DateEntryNAVExitDistribution
25/02/21173.1172.67172.24-
24/02/21171.84171.41170.98-
23/02/21174.22173.79173.36-
22/02/21173.01172.58172.15-
19/02/21170.8170.37169.94-
18/02/21173.75173.32172.89-
17/02/21173.88173.45173.02-
16/02/21173.13172.7172.27-
15/02/21171.88171.45171.02-
12/02/21170.49170.06169.63-
11/02/21171.85171.42170.99-
10/02/21172.56172.13171.7-
09/02/21171.64171.21170.78-
08/02/21171.76171.33170.9-
05/02/21170.51170.08169.65-

All Prices in AUD. Download Daily Pricing Performance CSV

  • View the
    31 December 2020
    K2 Australian Fund
    Financial Report

  • View the
    30 June 2020
    K2 Australian Fund
    Financial Report

  • View the
    30 June 2020
    K2 Australian Fund
    AMIT Statement

K2 Select International Fund

The K2 Select International Fund invests in listed equities throughout global markets. The fund aims to deliver long term growth by capitalising on investment opportunities present in all market cycles.

The K2 Select International Fund has a mandate to invest both long and short, seeking to provide investors with absolute returns.

Through the active management of equity, cash exposure and currency hedging, this strategy has delivered significant returns to clients since the fund’s inception in 2005.

K2 Select Int Fund Performance
at: 31 January 2021 Net of fees
1 year
%
3 year
% p.a
5 year
% p.a
7 year
% p.a
10 year
% p.a
Since
Inception
% p.a
K2 Select International Fund 1.3% 1.7% 5.0% 5.5% 6.9% 9.1%

K2 Select International Fund investment philosophy

At K2, we focus on delivering superior risk adjusted returns for our clients over the long term. We invest in equities to generate positive returns and aim to preserve our clients’ capital when market conditions change.

K2 has a flexible investment style as we believe that there is no one uniform cycle across the investment universe. By adopting the most appropriate style (for example, growth, value, momentum or income) that is best suited to the current market conditions allows K2 to maximise risk-adjusted returns.  Investment opportunities can come from any number of areas and as a result K2 incorporates top down macro-economic analysis with bottom up stock selection.

Each of K2’s experienced investment managers brings their own investment style and methodology to our portfolios, combining their individual research with direct contact with companies.  Investment managers are encouraged to invest autonomously and pursue investment opportunities within a well-documented framework.  As a result, K2’s portfolios tend to be high conviction and index unaware.  The investment team will always examine key investment variables, however, it is the team’s ability to identify major investment themes and catalysts on a timely basis that gives K2 its competitive advantage. 

In addition to identifying undervalued stocks, K2 has the ability to actively manage equity market exposure and currency exposure as well as having the ability to short sell. These provide K2’s portfolio managers with additional tools to deliver superior risk adjusted returns for our clients.

  • MONTHLY REPORTS
  • PDS
  • k2 select fund monthly report - january 2021
  • k2 select fund monthly report - december 2020
  • k2 select fund monthly report - November 2020
  • k2 select fund monthly report - October 2020
  • k2 select fund monthly report - September 2020
  • k2 select fund monthly report - August 2020
  • k2 select fund monthly report - July 2020
  • k2 select fund monthly report - June 2020
  • k2 select fund monthly report - May 2020
  • k2 select fund monthly report - April 2020
  • k2 select fund monthly report - March 2020
  • k2 select fund monthly report - February 2020

K2 Select International Fund
Structure International Equities
Inception 1 January 2005
Minimum Investment $20,000
Management Fee 1.36% p.a. (incl. GST & RITC)
Performance Fee 15.38% p.a. (incl. GST & RITC) of the amount by which the NAV exceeds the High Water Mark. The fund must also exceed a net 6% p.a. hurdle before a performance fees applies on total performance.
ARSN 112 222 465
APIR ETL0046AU

Register here to receive regular information about the K2 Select International Fund

Investment Process

High Conviction Risk Controlled Ungeared Benchmark Unaware

K2 Select International Fund

Investment Team

Portfolio Managers
Currency Strategist
Range Committee

Cash Allocation

Range 0 - 100%
Macro top-down view

Shorting

Additional source of alpha Company specific

Liquidity

FUM Constrained

Currency Hedging

Protect offshore returns
Not a trading strategy

Stop Losses

Trigger Process
Sell losers / run winners
Constantly reviewed

Performance Since Inception

Past performance is not a reliable indicator of future performance. View Full Disclaimer.

Geographic Equity Exposure

Graph represents geographic equity exposure as at 31/01/2021

K2 Select International Fund Daily Pricing Performance

DateEntryNAVExitDistribution
25/02/21142.01141.66141.31-
24/02/21144.08143.72143.36-
23/02/21142.77142.41142.05-
22/02/21141.97141.62141.27-
19/02/21142.06141.71141.36-
18/02/21142.69142.33141.97-
17/02/21143.22142.86142.5-
16/02/21143.36143142.64-
15/02/21142.67142.31141.95-
12/02/21142.75142.39142.03-
11/02/21142.8142.44142.08-
10/02/21142.36142141.65-
09/02/21142.45142.09141.73-
08/02/21142.78142.42142.06-
05/02/21142.17141.82141.47-

All Prices in AUD. Download Daily Pricing Performance CSV

  • View the
    31 December 2020
    K2 Select International Fund
    Financial Report

  • View the
    30 June 2020
    K2 Select International Fund
    Financial Report

  • View the
    30 June 2020
    K2 Select International Fund
    AMIT Statement

K2 Asian Fund

The K2 Asian Fund invests in listed equities throughout the Asian Pacific region ex Japan. The fund aims to deliver long term growth by capitalising on investment opportunities present in all market cycles.

The K2 Asian Fund has a mandate to invest both long and short, seeking to provide investors with absolute returns.

Through the active management of equity, cash exposure and currency hedging, this strategy has delivered significant returns to clients since the fund’s inception in 1999.

K2 Asian Fund Performance
at: 31 January 2021 Net of fees
1 year
%
3 year
% p.a
5 year
% p.a
7 year
% p.a
10 year
% p.a
Since
Inception
% p.a
K2 Asian Fund 18.1% 5.7% 7.6% 5.7% 5.9% 9.4%

K2 Asian Fund investment philosophy

At K2, we focus on delivering superior risk adjusted returns for our clients over the long term. We invest in equities to generate positive returns and aim to preserve our clients’ capital when market conditions change.

K2 has a flexible investment style as we believe that there is no one uniform cycle across the investment universe. By adopting the most appropriate style (for example, growth, value, momentum or income) that is best suited to the current market conditions allows K2 to maximise risk-adjusted returns.  Investment opportunities can come from any number of areas and as a result K2 incorporates top down macro-economic analysis with bottom up stock selection.

Each of K2’s experienced investment managers brings their own investment style and methodology to our portfolios, combining their individual research with direct contact with companies.  Investment managers are encouraged to invest autonomously and pursue investment opportunities within a well-documented framework.  As a result, K2’s portfolios tend to be high conviction and index unaware.  The investment team will always examine key investment variables, however, it is the team’s ability to identify major investment themes and catalysts on a timely basis that gives K2 its competitive advantage. 

In addition to identifying undervalued stocks, K2 has the ability to actively manage equity market exposure and currency exposure as well as having the ability to short sell. These provide K2’s portfolio managers with additional tools to deliver superior risk adjusted returns for our clients.

  • MONTHLY REPORTS
  • PDS
  • k2 asian fund monthly report - january 2021
  • k2 asian fund monthly report - december 2020
  • k2 asian fund monthly report - November 2020
  • k2 asian fund monthly report - October 2020
  • k2 asian fund monthly report - September 2020
  • k2 asian fund monthly report - August 2020
  • k2 asian fund monthly report - July 2020
  • k2 asian fund monthly report - June 2020
  • k2 asian fund monthly report - May 2020
  • k2 asian fund monthly report - April 2020
  • k2 asian fund monthly report - March 2020
  • k2 asian fund monthly report - February 2020

K2 Asian Fund
Structure Asian Equities (ex. Japan)
Inception 1 September 1999
Minimum Investment $20,000
Management Fee 1.36% p.a. (incl. GST & RITC)
Performance Fee 15.38% p.a. (incl. GST & RITC) of the amount by which the NAV exceeds the High Water Mark. The fund must also exceed a net 6% p.a. hurdle before a performance fees applies on total performance.
ARSN 106 882 384
APIR KAM0100AU

Register here to receive regular information about the K2 Asian Fund

Investment Process

High Conviction Risk Controlled Ungeared Benchmark Unaware

K2 Asian Fund

Investment Team

Portfolio Managers
Currency Strategist
Range Committee

Cash Allocation

Range 0 - 100%
Macro top-down view

Shorting

Additional source of alpha Company specific

Liquidity

FUM Constrained

Currency Hedging

Protect offshore returns
Not a trading strategy

Stop Losses

Trigger Process
Sell losers / run winners
Constantly reviewed

Performance Since Inception

Past performance is not a reliable indicator of future performance. View Full Disclaimer.

Geographic Equity Exposure

Graph represents geographic equity exposure as at 31/01/2021

K2 Asian Fund Daily Pricing Performance

DateEntryNAVExitDistribution
25/02/21220.92220.37219.82-
24/02/21219.87219.32218.77-
23/02/21223.5222.94222.38-
22/02/21222.23221.68221.13-
19/02/21223.38222.82222.26-
18/02/21225.24224.68224.12-
17/02/21227.25226.68226.11-
16/02/21225.92225.36224.8-
15/02/21223.75223.19222.63-
12/02/21222.97222.41221.85-
11/02/21223.67223.11222.55-
10/02/21223.84223.28222.72-
09/02/21221.78221.23220.68-
08/02/21221.37220.82220.27-
05/02/21219.76219.21218.66-

All Prices in AUD. Download Daily Pricing Performance CSV

  • View the
    31 December 2020
    K2 Asian Fund
    Financial Report

  • View the
    30 June 2020
    K2 Asian Fund
    Financial Report

  • View the
    30 June 2020
    K2 Asian Fund
    AMIT Statement

K2 Global High Alpha Fund

The K2 Global High Alpha Fund aims to deliver long term growth by capitalising on undervalued companies through all market cycles.

The K2 Global High Alpha Fund has a mandate to invest both long and short, seeking to provide investors with absolute returns.

Through the active management of equity, cash exposure and currency hedging, this strategy has delivered significant returns to clients since the funds inception in 2009.

K2 Global Alpha Fund Performance
at: 31 January 2021 Net of fees
1 year
%
3 year
% p.a
5 year
% p.a
7 year
% p.a
10 year
% p.a
Since
Inception
% p.a
K2 Global Alpha Fund 0.9% 0.4% 3.9% 6.7% N/A 13.5%

K2 Global High Alpha Fund investment philosophy

At K2, we focus on delivering superior risk adjusted returns for our clients over the long term. We invest in equities to generate positive returns and aim to preserve our clients’ capital when market conditions change.

K2 has a flexible investment style as we believe that there is no one uniform cycle across the investment universe. By adopting the most appropriate style (for example, growth, value, momentum or income) that is best suited to the current market conditions allows K2 to maximise risk-adjusted returns.  Investment opportunities can come from any number of areas and as a result K2 incorporates top down macro-economic analysis with bottom up stock selection.

Each of K2’s experienced investment managers brings their own investment style and methodology to our portfolios, combining their individual research with direct contact with companies.  Investment managers are encouraged to invest autonomously and pursue investment opportunities within a well-documented framework.  As a result, K2’s portfolios tend to be high conviction and index unaware.  The investment team will always examine key investment variables, however, it is the team’s ability to identify major investment themes and catalysts on a timely basis that gives K2 its competitive advantage. 

In addition to identifying undervalued stocks, K2 has the ability to actively manage equity market exposure and currency exposure as well as having the ability to short sell. These provide K2’s portfolio managers with additional tools to deliver superior risk adjusted returns for our clients.

  • MONTHLY REPORTS
  • PDS
  • k2 global high alpha fund monthly report - January 2021
  • k2 global high alpha fund monthly report - december 2020
  • k2 global high alpha fund monthly report - November 2020
  • k2 global high alpha fund monthly report - October 2020
  • k2 global high alpha fund monthly report - September 2020
  • k2 global high alpha fund monthly report - August 2020
  • k2 global high alpha fund monthly report - July 2020
  • k2 global high alpha fund monthly report - June 2020
  • k2 global high alpha fund monthly report - May 2020
  • k2 global high alpha fund monthly report - April 2020
  • k2 global high alpha fund monthly report - March 2020
  • k2 global high alpha fund monthly report - February 2020

K2 Global High Alpha Fund
Structure International Equities
Inception 1 November 2009
Minimum Investment $20,000
Management Fee 2.05% p.a. (incl. GST & RITC)
Performance Fee 20.50% p.a. (incl. GST & RITC) of the amount by which the NAV exceeds the High Water Mark.
ARSN 139 669 293
APIR KAM0001AU

Register here to receive regular information about the K2 Global High Alpha Fund

Investment Process

High Conviction Risk Controlled Ungeared Benchmark Unaware

K2 Global High Alpha Fund

Investment Team

Portfolio Managers
Currency Strategist
Range Committee

Cash Allocation

Range 0 - 100%
Macro top-down view

Shorting

Additional source of alpha Company specific

Liquidity

FUM Constrained

Currency Hedging

Protect offshore returns
Not a trading strategy

Stop Losses

Trigger Process
Sell losers / run winners
Constantly reviewed

Performance Since Inception

Past performance is not a reliable indicator of future performance. View Full Disclaimer.

Geographic Equity Exposure

Graph represents geographic equity exposure as at 31/01/2021

  • View the
    31 December 2020
    K2 Global High Alpha Fund
    Financial Report

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    K2 Global High Alpha Fund
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