Kopernik Global Investors has launched its flagship mutual fund, the Kopernik Global All-Cap Fund, which focuses primarily on global equities across all market capitalisations.
The fund is managed by David B Iben and has been made available on several platforms including Merrill Lynch, where the I-share is available on the firm’s discretionary and non-discretionary platforms.
The fund’s investment objective is to provide long-term capital appreciation. Kopernik views itself as business owners and appraises those businesses by employing rigorous, bottom up, fundamental research. Value is considered a prerequisite and sustainability of value is paramount. As such, Kopernik’s bottom up models emphasise risk, key drivers, industry supply demand fundamentals, geopolitical factors and independent, unconventional thought.
“Philosophically, we believe that the markets are not always efficient, thus presenting opportunities for us to generate substantial value to the investment portfolios,” says Iben. “We believe that larger opportunity sets optimise our ability to find mispriced securities. Therefore, our fund is structured to take advantage of prospects across most geographies, market caps, and security types. We are pleased to launch the fund at a time when undisciplined fiscal and monetary policy has led to an unusually bifurcated marketplace. We believe that this bodes well for active management.”