Sandon Capital Offshore Master Fund is a fund incorporated in the Cayman Islands allowing offshore (non-Australian resident) wholesale investors to invest in funds managed by Sandon Capital.
Sandon Capital Offshore Master Fund
FUND SNAPSHOT
Minimum Investment, Class A-C
USD$1M
Minimum Investment, Class Z
AUD$1M
Inception Date
October 2019
Performance Since Inception
23.9% p.a.
As at 30 September 2021. Returns are for Australian dollar “Z” Class shares, net of all fees and exceptions.
OBJECTIVE
The fund aims to deliver offshore wholesale investors the following:
An activist investment strategy applied to undervalued companies, that few investors have the capacity to implement themselves, to realise the value.
Positive returns over the medium to long term (three to five years).
ABOUT THE FUND
Incorporated in the Cayman Islands in October 2019, the Sandon Capital Offshore Master Fund gives overseas investors the opportunity to access Sandon Capital’s investment strategy.
Offshore investors have the choice of investing in four classes of shares, with each class having different terms. Class A, B, C shares require a minimum initial investment of US$1,000,000, and Class Z shares a minimum initial investment of A$1,000,000.
The fund primarily invests in ASX-listed companies. It can also invest up to 15% of its capital internationally and may use takeover offers as part of its investment approach. The focus is on investing in small to medium-sized companies and a concentrated number of them, typically around 20 to 25 companies.
An active engagement strategy is hands on and a concentrated portfolio allows Sandon Capital to take strategic positions and pursue them with the related Boards to realise significant value and returns.
A proportion of the fund is held in cash in readiness for value investment opportunities, or if considered a better alternative to being invested at that point.
