Investment Strategies – Global All Cap
The Kopernik Global All-Cap strategy may be offered by Kopernik in various investment vehicles, including separate accounts and privately and publicly offered funds. More information is available upon request.
Kopernik’s investment philosophy is centered on the belief that market inefficiencies present numerous opportunities to identify quality businesses that we believe are mispriced. The Firm utilizes bottom-up fundamental analysis to gain a thorough understanding of a company’s business and valuation.
The Global All-Cap strategy seeks capital appreciation by investing in companies located throughout the world, including emerging and frontier markets, which Kopernik believes are trading at a significant discount to their risk-adjusted intrinsic values.
The strategy primarily invests in equity shares (domestic common, foreign ordinary and depositary receipts) of companies located across the globe and of all market capitalizations, may also invest in equity-related derivatives including preferred shares, warrants, rights, and options, and may invest in fixed income securities, generally limited to 10% of assets.
| Global All-Cap Strategy Guideline Maximums (at purchase) | Weightage |
|---|---|
| Issuer | 5% |
| Industry | 25% |
| Sector | 30% |
| Country | 35% |
| Emerging markets | 50% |
Kopernik defines Emerging Markets to include all emerging and frontier markets and countries that may not be classified as developed by MSCI.