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Returns to 29 Apr 2025
Currency
Frequency

Contrarius Global Equity Strategy Returns in USD
Performance to
29 Apr 2025
Since Strategy Inception 01 Jan 2009 Last
10 Years
Last
5 Years
Last
3 Years
Latest
1 Year
Last
3 Months
Latest
1 Month
Gross of Fees
Contrarius Global Equity 15.2 8.0 27.8 3.0 6.5 (11.8) (1.1)
MSCI World Index 10.9 9.2 13.7 11.0 10.5 (4.3) 0.5
Net of Fees
Contrarius Global Equity - Investor 12.5 6.3 26.3 1.7 5.2 (12.1) (1.2)
Contrarius Global Equity - Fixed Fee 13.0 6.0 25.5 1.1 4.6 (12.2) (1.2)
Average Global Equity Fund 8.3 6.4 10.7 8.0 8.2 (2.4)

Contrarius Global Asset Allocation Strategy Returns in USD
Performance to
29 Apr 2025
Since Strategy Inception 01 Jan 2009 Last
10 Years
Last
5 Years
Last
3 Years
Latest
1 Year
Last
3 Months
Latest
1 Month
Gross of Fees
Contrarius Global Asset Allocation 11.1 5.4 23.8 3.5 6.8 (8.6) (0.5)
60/40 Index 7.1 5.8 7.1 6.7 9.8 (0.2) 1.8
Net of Fees
Contrarius Global Balanced - Fixed Fee 7.9 3.5 22.2 2.2 5.5 (8.9) (0.6)
Contrarius Global Balanced - Performance Fee 9.4 4.3 22.9 2.7 6.1 (8.6) (0.5)
Average Global Balanced Fund 3.8 2.5 5.0 3.7 5.3 (1.6)

Returns are shown for fee classes that are available for subscription by new investors.

Past performance is not indicative of future performance. The value of investments may go down as well as up and investors may not get back the amount invested. Contrarius funds’ share prices fluctuate and are not guaranteed. Returns may decrease or increase as a result of currency fluctuations. There is no guarantee that an investor's capital will be preserved. Please consider the Fund's most recent Prospectus, Supplemental Prospectus and Key Investor Information Document and seek your own independent financial advice tailored to your personal circumstances before deciding whether to invest in the Fund.

Gross returns are calculated gross of all income, assume reinvestment of dividends and are net of expenses excluding investment management fees. Net returns are calculated gross of all income, assume reinvestment of dividends and are net of expenses and investment management fees. Returns are based on valuations using prices at market close. Returns, other than for periods less than one year, are annualised.

Contrarius Global Equity Fund: since 30 June 2016, this Sub-Fund has been priced daily. From inception up to 30 June 2016, this Sub-Fund was priced weekly. Performance prior to 30 June 2016 was while this Sub-Fund was a Jersey domiciled fund.

With effect from 1 July 2020, a separate Series for each performance fee paying Fee Class of the Sub-Fund is issued on each Dealing Day for subscriptions. Any shares issued prior to 1 July 2020 will be part of the Initial Series of the Fee Class. The performance information shown above is for the Initial Series.

The benchmark for the Contrarius Global Equity Fund is the MSCI World Index, including the reinvestment of net income ("MSCI World Index"). The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an "as is" basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the "MSCI Parties") expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages (www.msci.com). All index returns for the Equity Strategy include the reinvestment of net income.

Contrarius Global Balanced Fund: this Sub-Fund was established specifically to receive the net assets of Contrarius Absolute (ICAV) Fund through a merger effective 1 November 2016. The performance of the Sub-Fund prior to 1 November 2016 therefore reflects the performance of Contrarius Absolute (ICAV) Fund from 1 January 2009, the launch date. The performance prior to 30 June 2016 was while Contrarius Absolute (ICAV) Fund was a Jersey domiciled fund. The Sub-Fund is priced daily. From inception up to 30 June 2016, Contrarius Absolute (ICAV) Fund was priced weekly. Prior to 1 November 2016, Contrarius Absolute (ICAV) Fund held its equity exposure indirectly through its holding in Contrarius Global Equity Fund, a sub-fund of the ICAV. On 1 July 2022 the Sub-Fund was renamed from Contrarius Global Absolute Fund. The Sub-Fund was formerly known as the Contrarius Global Absolute Fund. The Fixed Fee Class was formerly known as the Investor Fee Class.

With effect from 1 July 2020, the Fixed Fee Class no longer charge a Performance Fee. Prior to 1 July 2020, the Performance Fee of the Fixed Fee Class was equivalent to 20% of the outperformance of the benchmark, subject to a high-water mark.

Prior to its inception date, the performance of the Performance Fee Class is based on the performance of the Fixed Fee Class. The net returns of the Performance Fee Class apply its specified fee structure to the gross returns of the Fixed Fee Class. Prior to its inception date, the performance of the Fixed Fee GBP Class is based on the performance of the USD-denominated Fixed Fee Class. The net returns of the Fixed Fee GBP Class apply its specified fee structure to the gross returns of the USD-denominated Fixed Fee Class, which are then converted into GBP at the relevant closing exchange rate.

With effect from its inception date, a separate Series for the Performance Fee Class is issued on each Dealing Day for Subscriptions. Any shares issued on the inception date will be part of the Initial Series of the Fee Class. The performance information shown above is for the Initial Series.

The benchmark for the Contrarius Global Balanced Fund is a composite index consisting of 60% MSCI World Index, including reinvested net income and 40% J.P. Morgan Global Government Bond Index, including reinvested coupons, each in US dollars (“60/40 Index”). Prior to 1 July 2022, the benchmark was the return on US$ Bank Deposits.

60/40 Index: The 60/40 Index values are calculated by Contrarius using end of day index level values licensed from MSCI and J.P. Morgan. MSCI World Index ("MSCI Data"): For the avoidance of doubt, MSCI is not the benchmark “administrator” for, or a “contributor”, ”submitter” or “supervised contributor” to, the blended returns, and the MSCI Data is not considered a “contribution” or “submission” in relation to the blended returns, as those terms may be defined in any rules, laws, regulations, legislation or international standards. MSCI Data is provided “as is” without warranty or liability and no copying or distribution is permitted. MSCI does not make any representation regarding the advisability of any investment or strategy and does not sponsor, promote, issue, sell or otherwise recommend or endorse any investment or strategy, including any financial products or strategies based on, tracking or otherwise utilising any MSCI Data, models, analytics or other materials or information. J.P. Morgan Global Government Bond Index (the “GBI Global Index”): Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The GBI Global Index is used with permission. Copyright 2025, J.P. Morgan Chase & Co. All rights reserved. The 60/40 Index may not be copied, used, or distributed without prior written approval.

Average fund data source is © 2025 Morningstar Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Average fund returns are not shown for the latest month as high price volatility and late fund reporting regularly cause them to be significantly restated by Morningstar. The latest average fund index sourced from Morningstar is for 22 April 2025. To allow comparison of returns to a common date the average fund index has been extended to reflect the subsequent movement of the Benchmark Index. The Average Global Equity Fund is comprised of Global Large-Cap Blend Equity funds which invest principally in the equities of large-cap companies from around the globe as defined by Morningstar. The Average Global Balanced Fund is comprised of US$ Flexible Allocation funds which have a largely unconstrained mandate to invest in a range of asset types for a US$-based investor as defined by Morningstar.