Antipodes Global Value Fund – UCITS

The aim of the fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in $US over a typical investment cycle of three to five years. The fund aims to achieve this objective primarily by investing in a select number, (usually a minimum of 30), of attractively valued companies that are listed on regulated markets.

Fund and investment manager

The Antipodes Global Value Fund – UCITS (the “Fund”) is managed by Antipodes Partners Limited (the “Investment Manager”). The Fund is a sub-fund of Pinnacle ICAV (the “ICAV”) and was authorised by the Central Bank of Ireland on 5 May 2017. The Fund supplement and associated documents were noted by the Central Bank of Ireland on 23 November 2017. The S Class was seeded on 23 January 2018.

Index
 The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in USD (the Index) over the investment cycle (typically 3-5 years).
Fund facts & class information
Antipodes Global Value Fund – UCITS
Key investment policies
  • The Fund aims to achieve its investment objective by primarily investing in a select number (usually a minimum 30) of attractively valued 
 companies listed on the Regulated Markets.
  • Investments will not be made by reference to any benchmark or index or limited to any particular industry or sector and will be chosen 
 based on the investment methodology described in the Fund Supplement.
  • There is no geographical focus in respect of any category of investment by the Fund and the Fund may invest in excess of 20% of its Net 
 Asset Value in emerging market countries (including Russia).
  • The Fund may use derivative instruments for netting and hedging arrangements
  • The Fund cannot use derivative instruments to leverage portfolio exposure and the total exposure of the Fund to 100% of Net Asset Value 
 to remain net long.
Further information
Net performance

Net performance


Past performance is not a reliable indicator of future performance. Returns are quoted in USD and net of applicable fees, costs and taxes. All p.a. returns are annualised. 2 MSCI All Country World Net Index in USD.

Performance chart
Cumulative performance (over selected time horizon)
All returns are net of fees and in USD. Calculations are based on NAV price with distributions reinvested, after ongoing fees and expenses but excluding taxation. Past performance is not a reliable indicator of future performance. 1 The Antipodes Global Fund – UCITS (S Class) – USD was established 6 Jul 2017.
Unit price history

Unit price history

Key investor information documents
Prospectus
Country specific key investor information documents
Ireland & UK (in English)

For historical reports, please contact the Antipodes team

For historical reports, please contact the Antipodes team

For historical reports, please contact the Antipodes team

Investing in Antipodes Global Value Fund - UCITS

Please read the Prospectus and Key Investor Information Documents (KIIDs) before making any investment decision. Inquiries concerning the Fund and the Shares, including the Prospectus or subscription and redemption procedures should be directed to our Global Distributor:

Global Distributor

Pinnacle Investment Management Limited
Level 25, Australia Square Tower, 264 George Street
Sydney NSW 2000 Australia
 
Email us.
Read the Prospectus and Key Investor Information Documents:
Prospectus
Country specific Key Investor Information Documents
Ireland & UK (in English)

Contact Us

UK/Europe:

Ben Cossey / James Longman / Malaka Jayawickrema

Email us

Suite 823, 125 Old Broad Street
London, EC2N 1AR
United Kingdom

Asia Pacific:

Megan Jenner
Email

Level 25 Australia Square Tower
264 George Street
Sydney, NSW 2000
Australia

Pinnacle ICAV – Ireland

25/28 North Wall Quay
IFSC, Dublin 1
Ireland

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Coming soon to the ASX: the Antipodes Global SMID Fund will be available as an active ETF on the 10th of November 2025

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This website is intended solely to provide information to professional investors in each jurisdiction in which the relevant sub-fund (each a Fund) within the umbrella Undertakings for Collective Investment in Transferable Securities (UCITS) fund operated by Pinnacle ICAV and managed by Antipodes Partners Limited (Antipodes) is registered for sale and should not be relied upon for any purpose. The information contained on this website is not directed at any person in any jurisdiction where the publication or availability of the information is prohibited or restricted by law. Persons in respect of which such prohibitions apply must not access the website or the information contained herein. Persons into whose possession this website may come are required to inform themselves about and to comply with any relevant restrictions. This does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer is not authorised or to any person to who it is unlawful to make such an offer or solicitation. By clicking “I agree” you confirm:
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Information contained in this website is for information purposes only and should not be construed as an offer or solicitation for the purchase or sale of any financial instrument, product or service sponsored by Antipodes or its affiliates. This material does not constitute an offer to sell or solicitation to buy any security, including shares of any Fund. This website is not intended to be a complete description of all terms and conditions applicable to the products, services and/or Funds described within. An investment may only be made based on the relevant Fund’s offer document and supplement (if applicable) and will be subject to the terms and conditions contained therein. Nothing contained in the website constitutes or shall be deemed to constitute a financial, legal, tax or other advice of any kind. You should form your own assessment and take independent professional advice on the suitability and merits of investment and the legal, regulatory, tax and investment consequences and risks of doing so. Antipodes or its affiliates does not accept any responsibility to any person for the consequences of any person placing reliance on the information within this webpage for any purpose. Past performance is not a reliable indicator of future performance and Antipodes or its affiliates does not guarantee the performance of any of Fund, any specific rate of return or the return of investor capital. Investment involves risk and you may not rely on the information contained in this website to evaluate the merits of investing in any Fund. By clicking “I agree” you confirm:




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