The Antipodes Global Fund aims to achieve absolute returns in excess of the MSCI AC World Net Index in AUD over the investment cycle (typically 3-5 years).

Antipodes attempt to take advantage of the market's tendency for irrational extrapolation, by identifying investments that offer a high margin of safety and building portfolios with a capital preservation focus.

In the absence of finding individual securities that meet minimum risk-return criteria, cash may be held to maximum 25%.

The fund has flexibility to hedge for risk management purposes in the form of: currency exposure of the underlying stock position (net short currency position not permitted) and equity market exposure via exchange traded derivatives. Leverage is not permitted.