(The risk/return profile of the Fund and benchmark differ due to differences in constituents)
Orca’s specialist investment expertise, identifies disruptive businesses that can become leaders in their field. Our team collaborate and apply a sustainable approach to invest in high-quality businesses that provide real opportunities for growth over the long-term.
The Investment Manager will target approximately 10-20 investments (primarily listed companies) which may exhibit some, or all of the following characteristics:
ability to disrupt existing markets and businesses
ability to utilise new technology to disrupt 
growth potential
scalability
appropriate capital structure to fund research and development, as well as growthComplementing a relatively large exposure to major listed global companies will be a selection of smaller positions identified by the Investment Manager that have the potential to disrupt existing industries and companies.
The majority of investments are expected to be in overseas companies.
The fund is constructed in a concentrated, benchmark unaware manner. The Investment Manager will target the following investment parameters for the Fund:
At the time of acquisition, there will be a maximum weighting of 15 per cent for any one security and not more than 20 per cent of the fund to comprise unlisted securities, measured at the time of the latest acquisition of unlisted securities.
It is not presently intended that the Fund will hedge against currency risk, and as such performance of the Fund will be impacted by currency fluctuations.
The Fund is managed with the input of Raymond Tong, the fund’s Portfolio Manager and an Investment Committee comprised of highly experienced industry professionals including David Thodey, Richard Goyder, Paul Bassat, Sally Herman, Jeffrey Cole and David Evans.
The Investment Committee and Portfolio Manager understand the role that technology and innovation play in global and domestic markets and have deep insight and experience in this type of investing. The Investment Committee will recommend suitable investments to the Investment Manager, which is responsible for approval, trade execution and fund management.
As at 31 October 2023
| NAME | SECTOR |
|---|---|
| Alphabet Inc | Digital advertising |
| Amazon.com Inc | eCommerce |
| ASML Holding | Semiconductors |
| Crowdstrike | Cybersecurity |
| Mastercard Inc | Electronic payments |
| Microsoft Corp | Software |
| NVIDIA Corp | Semiconductors |
| ServiceNow | Software |
| Spotify | Digital entertainment |
| TSMC | Semiconductors |
As at 31 October 2023
| 1 MONTH | 3 MONTHS | 6 MONTHS | 1 YEAR P.A. | 3 YEARS P.A. | 5 YEARS P.A. | INCEPTION P.A. | |
|---|---|---|---|---|---|---|---|
| Orca Global Disruption Fund | -0.1% | -7.5% | 9.4% | 20.0% | -3.7% | 7.7% | 10.4% |
| MSCI AC World Index (Net, AUD) | -1.4% | -4.1% | 2.4% | 11.5% | 10.4% | 9.9% | 10.5% |
| Excess Return | 1.3% | -3.4% | 7.0% | 8.5% | -14.1% | -2.1% | -0.1% |
Notes:
The chart above reflects the movement over time of a A$10,000 investment made into the Fund on 25 July 2017. The movement is inclusive of all Fund gains/losses as measured by the exit price (or NTA prior to 1 February 2021), including reinvestment of distributions and is net of fees. This example is illustrative only and may vary from actual returns achieved by a unitholder. Past performance is not indicative of future performance.
Notes:
| 29/11/2023 | $2.6851 | $2.6905 | $2.6797 |
| 28/11/2023 | $2.6613 | $2.6666 | $2.6560 |
| 27/11/2023 | $2.6693 | $2.6746 | $2.6640 |
| 24/11/2023 | $2.6693 | $2.6746 | $2.664 |
| 23/11/2023 | $2.6796 | $2.685 | $2.6742 |
| 22/11/2023 | $2.6901 | $2.6955 | $2.6847 |
| 21/11/2023 | $2.6658 | $2.6711 | $2.6605 |
| 20/11/2023 | $2.6806 | $2.6860 | $2.6752 |
| 17/11/2023 | $2.6618 | $2.6671 | $2.6565 |
| 16/11/2023 | $2.6600 | $2.6653 | $2.6547 |
| 15/11/2023 | $2.6350 | $2.6403 | $2.6297 |
| 14/11/2023 | $2.6597 | $2.6650 | $2.6544 |
| 13/11/2023 | $2.6348 | $2.6401 | $2.6295 |
| 10/11/2023 | $2.6432 | $2.6485 | $2.6379 |
| 9/11/2023 | $2.5528 | $2.5579 | $2.5477 |
| 8/11/2023 | $2.5617 | $2.5668 | $2.5566 |
| 7/11/2023 | $2.5442 | $2.5493 | $2.5391 |
| 6/11/2023 | $2.4867 | $2.4917 | $2.4817 |
| 3/11/2023 | $2.4772 | $2.4822 | $2.4722 |
| 2/11/2023 | $2.4622 | $2.4671 | $2.4573 |
*Cum-distribution unit price
Download allTarget distribution yield for the Fund is 4% p.a.
| RECORD DATE | PAYMENT DATE | DISTRIBUTION PER UNIT |
|---|---|---|
| 30 Jun 2022 | 20 Jul 2022 | 10 cents |
| 30 Jun 2021 | 22 Jul 2021 | 22.0 cents |
| 30 Jun 2020 | 20 Jul 2020 | 15.0 cents |
| 29 Jun 2018 | 20 Jul 2018 | 4.0 cents |
| Platform | Orca Global Disruption Fund | Evans and Partners Global Disruption Portfolio (SMA) |
|---|---|---|
| Asgard eWrap | ||
| BT Panorama | ||
| Hub24 | ||
| Macquarie Wrap Accumulator | ||
| Powerwrap | ||
| Xplore |
| color | Available and open to new investments |
| color | Available but not open to new investments |
Currently, the maximum aggregate amount that will be charged to the Fund to cover the Responsible Entity’s fee, the Investment Manager’s fee and ordinary ongoing expenses incurred in the connection with the administration and operation of the Fund such as custodian fees, administration and audit fees, and other ordinary expenses of operating the Fund (but not including transaction costs or extraordinary expenses) will be not more than 1.45%, including GST, of the net asset of the Fund. This figure is inclusive of a 0.15% per annum cap for ordinary expenses.
Please read the Information booklet here
If you are a new or existing investor wanting to apply online, start your application here. You will be guided through the documents and information required to complete your application.
Note: Online application forms submitted to Boardroom Registry after 2pm will not be processed until the following business day.
If you are a new investor, please complete the initial application form and required identification form.
If you are an existing investor, please complete the additional investments form.
Please mail your Application Form, Identification Form and certified copies of your required identification to:
Boardroom Pty Limited
GPO Box 3993
Sydney NSW 2001
Or email: orcafunds@boardroomlimited.com.au
If you have an adviser, they may be able to assist you. If you are an existing investor, your adviser will require your Boardroom Registry number (which can be found on your latest distribution or holding statement) and postcode to lodge an application on your behalf.
The fund is available on various platforms and the full list can be viewed here.
| RELEASED DATE | DESCRIPTION | LINK |
|---|---|---|
| 20/11/2023 | Orca Global Disruption Fund Monthly Update - October 2023 | Download |
| 24/10/2023 | Orca Global Disruption Fund Quarterly Update - September 2023 | Download |
| 17/10/2023 | Orca Global Disruption Fund Monthly Update - September 2023 | Download |
| 15/09/2023 | Orca Global Disruption Fund Monthly Update - August 2023 | Download |
| 16/08/2023 | Orca Global Disruption Fund monthly Update - July 2023 | Download |
| 26/07/2023 | Orca Global Disruption Fund Quarterly Update - June 2023 | Download |
| 21/07/2023 | 30 June 2023 – Nil Cash Distribution & 12H | Download |
| 14/07/2023 | Orca Global Disruption Fund Monthly Update – June 2023 | Download |
| 16/06/2023 | Estimated Distribution - June 2023 | Download |
| 15/06/2023 | Orca Global Disruption Fund Monthly Update – May 2023 | Download |
| 15/05/2023 | Orca Global Disruption Fund Monthly Update – April 2023 | Download |
| 28/04/2023 | Orca Global Disruption Fund Quarterly Update - March 2023 | Download |
| 14/04/2023 | Orca Global Disruption Fund Monthly Update – March 2023 | Download |
| 15/03/2023 | Orca Global Disruption Fund Monthly Update - February 2023 | Download |
| 21/02/2023 | Orca Global Disruption Fund Monthly Update - January 2023 | Download |
| 27/01/2023 | Orca Global Disruption Fund Quarterly Update - December 2022 | Download |
| 17/01/2023 | Orca Global Disruption Fund Monthly Update – December 2022 | Download |
| 15/12/2022 | Orca Global Disruption Fund - Fund Update | Download |
| 14/12/2022 | Orca Global Disruption Fund Monthly Update – November 2022 | Download |
| 15/11/2022 | Orca Global Disruption Fund Monthly Update – October 2022 | Download |
| 13/10/2022 | Orca Global Disruption Fund Monthly Update – September 2022 | Download |
| 09/09/2022 | Orca Global Disruption Fund Monthly Update – August 2022 | Download |
| 11/08/2022 | Orca Global Disruption Fund Monthly Update – July 2022 | Download |
| 20/07/2022 | 30 June 2022 – 12H | Download |
| 19/07/2022 | Orca Global Disruption Fund Monthly Update – June 2022 | Download |
| 22/06/2022 | Orca Global Disruption Fund Monthly Update – May 2022 | Download |
| 16/06/2022 | Estimated Distribution - June 2022 | Download |
| 13/05/2022 | Orca Global Disruption Fund Monthly Update – April 2022 | Download |
| 14/04/2022 | Orca Global Disruption Fund Monthly Update – March 2022 | Download |
| 18/03/2022 | Orca Global Disruption Fund Monthly Update – February 2022 | Download |
| 15/02/2022 | Orca Global Disruption Fund Monthly Update – January 2022 | Download |
| 24/01/2022 | Orca Global Disruption Fund Monthly Update – December 2021 | Download |
| 10/12/2021 | Orca Global Disruption Fund Monthly Update – November 2021 | Download |
| 19/11/2021 | Orca Global Disruption Fund ESG Notice | Download |
| 12/11/2021 | Orca Global Disruption Fund Monthly Update – October 2021 | Download |
| 14/10/2021 | Orca Global Disruption Fund Monthly Update – September 2021 | Download |
| 14/09/2021 | Orca Global Disruption Fund Monthly Update – August 2021 | Download |
| 16/08/2021 | Orca Global Disruption Fund Monthly Update – July 2021 | Download |
| 28/07/2021 | Orca Global Disruption Fund – 30 June 2021 Distribution and 12-H Notice | Download |
| 28/07/2021 | Orca Global Disruption Fund Monthly Update – June 2021 | Download |
| 28/07/2021 | Orca Global Disruption Fund – 30 June 2021 Estimated Distribution | Download |
| 28/07/2021 | Orca Global Disruption Fund Monthly Update – May 2021 | Download |
| 28/07/2021 | Orca Global Disruption Fund Monthly Update – April 2021 | Download |
| 28/07/2021 | Orca Global Disruption Fund Monthly Update – March 2021 | Download |
| 28/07/2021 | Orca Global Disruption Fund Monthly Update – February 2021 | Download |
| 28/07/2021 | Half-year financial report – December 2020 | Download |
| 17/02/2021 | Orca Global Disruption Fund Monthly Update – January 2021 | Download |
