SIGN UP TO OUR INSIGHTS → THE OPHIR FUNDS NEWS & INSIGHTS OUR TEAM HOW TO INVEST CONTACT US CAREERS The Ophir High Conviction Fund (ASX:OPH) The Ophir High Conviction Fund is an ASX-listed long only, small and mid-cap Australian equities fund. The Fund typically invests in a concentrated portfolio of 15-30 companies listed outside the S&P/ASX 50. As a Listed Investment Trust, the Fund is accessible on the ASX under ticker code ‘OPH’. Utilising Ophir’s extensive fundamental, bottom-up research process, the Fund focuses on identifying high quality businesses exposed to structural growth opportunities. With a bias toward cash generative businesses with sound balance sheets and highly capable management teams, the Fund seeks to identify these opportunities early in a company’s life cycle, when it is typically under-researched and under-valued by the investment market. +20.4% p.a. Annualised Return Since Inception (net of fees) 219.2% Total Return Since Inception (net of fees) $3.74 ASX Unit Price As at 3rd December 19:00 Change 0.02 / 0.5% Aug 2015 Inception OPH ASX Code HOME HOW TO INVEST FUND FACTSHEET ASX ANNOUNCEMENTS FUND DETAILS INVESTOR CENTRE DISTRIBUTION/ DIVIDEND HISTORY FAQS CORPORATE GOVERNANCE REQUEST A CALL The Ophir High Conviction Fund (ASX:OPH) Net Return on $100k Invested at Inception. 3/08/2015 31/10/2021 31/05/2016 31/03/2017 31/01/2018 30/11/2018 31/07/2020 Date $0 $350K $50K $100K $150K $200K $250K $300K Ophir High Conviction Fund S&P/ASX Mid-Small Index The above chart represents the return on $100,000 invested in the Ophir High Conviction Fund at its inception on 3 August 2015, net of all management fees and assuming reinvestment of distributions. No allowance has been made for tax. Please note that past performance is not a reliable indicator of future performance. Current Unit Price Price Movement +/- Volume Daily High Daily Low 52 Week Range Market Cap. $3.74 0.02 207k $3.80 $3.65 $3.20 / $4.37 $799M Net Asset Value as at 30 November 2021. NAV per Unit $3.42 NAV Performance as at 31 October 2021. Since Inception p.a. 5 Year p.a. 3 Year p.a. 1 Year 3 Month 1 Month Ophir High Conviction Fund^ 24.9% 22.0% 24.4% 33.8% 8.8% -0.3% Benchmark* 12.8% 12.9% 14.5% 28.9% 3.6% 0.6% Value Add (Gross) 12.1% 9.1% 9.9% 4.9% 5.2% -0.9% Fund Return (Net)^^ 20.4% 18.8% 20.6% 31.5% 8.0% -0.1% ASX:OPH Unit Price Return n/a n/a n/a 17.3% 4.2% -2.0% ^Gross performance (pre all fees) assuming all distributions re-invested from inception *50% S&P/ASX Small Ordinaries Accumulation Index (XSOAI), 50% S&P/ASX Midcap 50 Accumulation Index (XMDAI) ^^Net Return after all Fees for Ophir High Conviction Fund – Class A The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned <date/year>) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines – Zenith Investment Partners (zenithpartners.com.au) OPHIR Level 26, Governor Phillip Tower One Farrer Place, Sydney, NSW 2000 Phone: +61 (0) 2 8006 5476 Email: ophir@ophiram.com OUR FUNDS Funds Overview The Ophir Opportunities Fund The Ophir High Conviction Fund (ASX:OPH) The Ophir Global Opportunities Fund Investment Philosophy & Process How To Invest LEGAL Privacy Policy FSG Disclaimer FOLLOW US Follow us on LinkedIn Disclaimer: While all reasonable care has been taken in the preparation of this information, Ophir Asset Management take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.