Global Multi-Strategy Fund

A fund that manages risk by maintaining exposure to multiple themes, including gold, decarbonisation, automation and capital markets.

The Victor Smorgon Partners Global Multi-Strategy Fund (The Fund), provides wholesale investors with the exclusive opportunity to invest with the Victor Smorgon Group, co-investing in long-term themes and strategies while providing monthly applications and redemptions.

Our contrarian and absolute return focus allows us to concentrate on our themes, without being concerned by how the market is positioned – we focus on risk and return.

Victor Smorgon Group’s senior investment team has significant operational experience and has been investing together for over 20 years. Over the years, we’ve refined our approach and in 2019 we created a global multi-strategy portfolio that utilises our deep understanding of the market at every stage of its cycle. In 2022, we then launched the Fund to enable us to offer the same opportunity to wholesale investors.

The Global Multi-Strategy Fund:

• invests in direct equities, automation, managed funds, derivatives and commodities targeting contrarian thematics with strong macro tailwinds.

• has a maximum concentration risk for any single position of 20% of the portfolio at cost.

Investing in the Fund gives wholesale investors exposure to the following benefits:

• A balanced exposure to a diversified set of long-term themes and trends.

• A Fund which takes a longer-term view of investments, providing opportunity to grow and gain the benefit of prevailing macroeconomic tailwinds.

• A Fund which is investment agnostic. Having no predetermined index weightings, the Fund has the flexibility to hold onto investments as their catalysts come to maturity.

• A portfolio of investments with assets located primarily in tier one jurisdictions (AUS, US, UK), with the aim of minimising the jurisdictional risk of the portfolio. This is particularly important during times of heightened geo-political risk.

• A Fund that will invest with the Victor Smorgon Group, one of Australia’s most established and successful family offices.

Unitholders should be aware that there is no guarantee that the implementation of the investment strategy or process will not result in losses to Unitholders.

The return of capital and the performance of the Fund are not guaranteed by any person or organisation, including Victor Smorgon Partners, Gannet Capital or any related or associated entity or person. Therefore, each investor should carefully consider the risks of investing and, where necessary, seek professional advice as to the suitability of investing in the Fund. Please refer to the Information Memorandum for further details.

The offer of interests in the Victor Smorgon Partners Global Multi-Strategy Fund "Fund" is prepared and issued by Gannet Capital Pty Ltd (ACN 139264690 AFSL 000340799) in its capacity as the Trustee of the Fund. The investment manager is Victor Smorgon Partners Pty Ltd (ACN 630 512 739), an authorised representative of AFSL 000340799.