Strategy Overview

The fund seeks to deliver investors an ethically screened portfolio, while delivering superior risk adjusted returns and capital growth.

The will invest in ethically screened large-cap, mid-cap and small-cap companies, with a focus on small and mid-cap subject to a minimum market cap for long investments of US$400 million and US$1 billion for short positions. The fund does not focus on any specific industry sector or geographic region.

About the Sub-Investment Manager

Morphic Asset Management is an ESG-focussed fundamental Long/Short equity manager based in Sydney. We seek to provide investors a way to grow their wealth and feel confident they do so without investing in businesses that harm the environment, people, and society. What sets Morphic apart is its ability to short-sell low-ESG ratings businesses with poor fundamentals. Jack Lowenstein and Chad Slater founded Morphic in 2012, after working together for many years at Hunter Hall, who was one of Australia’s original ethical fund managers, where they established an excellent track record.

Morphic is a signatory of the Principles for Responsible Investment (PRI).

 

Biographies

Jack Lowenstein

Managing Director, Joint CIO

Jack was previously Deputy Chief Investment Officer at Sydney based global equity manager Hunter Hall, a leading ethical fund manager, for 15 years. He played a key role in building Hunter Hall from just $13m under management when he joined, to a peak of $3 billion.

Prior to joining Hunter Hall, Jack had careers in corporate finance, and as an international financial journalist.

Jack holds an MA from Oxford University. He completed the three year, part time Owner/President Management Course at Harvard Business School in 2009.



Chad Slater, CFA

Executive Director, Joint CIO

Chad was previously a Portfolio Manager and Head of Currency and Macroeconomics at Hunter Hall for five years. Prior to Hunter Hall, Chad was an Investment Analyst at BT Financial Group, Sydney & Putnam Investments in Boston.

He began his career as an Economist at the Asutralian Federal Treasury. Chad holds a B.Comm and a B.Econ (Hons) from the University of Queensland and is a CFA Charter holder.

Fund Terms

Fund Name Trium Morphic ESG L/S Fund
Launch Date 7 March 2018
Domicile Ireland
Base Currency USD
Subscriptions Daily
Redemptions Daily
Redemption Fee 0%
Share Class F I M
Currency USD USD USD
Issue Price USD 100 USD 100 USD 100
Management Fee 0.50% 2.00% 1.00%
Performance Fee 5% 0% 15%
Min. Investment USD 1,000,000 USD 100,000 USD 5,000,000
Bloomberg TRIMEFU ID TMELSIU ID TRIMEMU ID
ISIN IE00BYWVF476 IE00BD3HN212 IE00BYX0W971
Sedol BYWVF47 BD3HN21 BYX0W97

Service Providers

Umbrella Fund Trium UCITS Platform plc
Investment Manager Trium Capital LLP
Sub-Investment Manager Morphic Asset Management Pty Ltd
Administrator Northern Trust
Depositary Northern Trust
Prime Broker Morgan Stanley, London
Auditor Pricewaterhouse Coopers
Legal Advisor Dillon Eustace

Factsheets and other documents

Legal Information

Trium is not acting as financial adviser or fiduciary to any party who views this information or who invests in a fund or managed account. In particular, this information (in whole or in part) does not constitute investment advice. Before investing in a fund or managed account you should ensure that you fully understand its potential risks and rewards and independently determine that it is appropriate for you given your objectives, experience, financial and operational resources, and other relevant circumstances. You should consult with such advisors as you deem necessary to assist you in making these determinations. Any indicative terms provided to you are provided for your information and do not constitute an offer, a solicitation of an offer, or any advice or recommendation to invest in a fund or managed account (whether on the indicative terms or otherwise). This information is intended for discussion purposes only and does not create any legally binding obligations on the part of Trium. Without any limitation, this information does not constitute an offer, or invitation to offer or a recommendation to invest in a fund or managed account. This information is updated from time to time but Trium assumes no obligation to update or otherwise revise it to ensure it is up to date. Nothing contained herein should be construed as tax, accounting or legal advice. This information may not be reproduced or transmitted to any other person without the express permission of Trium. Although this information has been taken from sources which Trium believe to be accurate, no warranty or representation is made as to the correctness, completeness and accuracy of the information or the assessments made on its basis. This information is preliminary and is qualified and superseded by the prospectus for the fund or governing document for the managed account to which it relates, and in particular the risk factors and information on conflicts of interest described therein, and any investment decision should only be made following consideration of that prospectus or other document. Any performance data is based on a fund’s or an account’s actual or expected net asset value in accordance with the valuation methodology in its prospectus or other governing document. Performance may be impacted by capital contributions and withdrawals and unless otherwise stated is net of management, performance and other fees as described herein and includes reinvestment of earnings. The fund’s or account’s fees may be modified or waived for certain investors as described in its prospectus or other governing document. An investor’s actual performance and actual fees may differ from the data reflected herein.