Fund Overview
Investment Management Leadership
Alex Pollak
CIO and Founder
With 25 years’ experience in disruptive business models gained during a career with Macquarie Bank, Alex heads one of the best-performing teams in global investment management in Australia.
He has a deep understanding of the mechanisms through which disruption changes business models and the impact it has on company valuation, with an acknowledged record of identifying thematics early in the investment cycle.
Anshu Sharma
Anshu began his career more than 15 years ago as a global investment analyst, covering companies that have now been at the forefront of disruption for over a decade. He later assumed a similar role with a focus on the Asian market, gaining a unique perspective on the global scale and impact of disruptive businesses. In 2014, Anshu became one of the founding members of Loftus Peak and has served as Portfolio Manager of the global disruption strategy since 2015.
At Loftus Peak, his focus has been on developing and executing a repeatable investment process that identifies, values, and risk-adjusts portfolio positions to stay ahead of the market.
Anshu holds a Master of Commerce from the University of New South Wales and a Bachelor of Commerce (Honours) from Delhi University. He is also a Chartered Financial Analyst® and holds the CIPM® certificate.
Harry Morrow
Senior Investment Analyst
Harry joined Loftus Peak as an analyst in 2018. He is a member of the investment team, with a focus on streaming, digital advertising and health sciences. He supports the Portfolio Manager and Chief Investment Officer through thematic, industry and company analysis as well as modelling for potential and current portfolio holdings.
He has graduated from the University of Sydney with a Bachelor of Commerce, majoring in Finance and Commercial Law. Harry is a CFA Charterholder.
Raymond Tong
Head of Research
Raymond joined Loftus Peak in March 2024 as Head of Research. Raymond has a strong background in the disruption thematic having developed and managed global disruption portfolios for Orca Funds Management and Evans and Partners Financial Group since 2017. Prior to this, Raymond was a well regarded research analyst at Goldman Sachs, covering the telecom, internet and media sectors.
Raymond has a Bachelor of Mechanical Engineering (Honours) and Commerce (Finance) from the University of Melbourne and has a Chartered Financial Analyst® designation.
Portfolio Construction
Research Ratings, Quantitative Ratings & Firm Awards
Fund Performance
Chart
Table
Performance Summary as at 31 July 2025*
| 1m | 3m | 6m | 1y | 3y p.a. | 5y p.a. | 7y p.a. | Inception p.a. (1 July 2022) | |
|---|---|---|---|---|---|---|---|---|
| Fund (net-of-fees) 3 | +1.62% | +19.69% | +8.13% | +25.04% | +22.08% | - | - | +25.64% |
| Benchmark 4 | +2.20% | +12.10% | +5.85% | +14.45% | +14.01% | - | - | +15.92% |
| Outperformance (net-of-fees) 5 | -0.58% | +7.59% | +2.28% | +10.59% | +8.07% | - | - | +9.71% |
*Past performance is not a reliable indicator of future performance. Source: Loftus Peak, MSCI
3. Net-of-fees performance is based on end-of-month redemption prices after the deduction of fees and expenses and the reinvestment of all distributions. Investment return and the principal value fluctuate, so your units, when sold, may be worth more or less than the original cost. For further details, please refer to the Fund’s product disclosure statement and reference guide.
4. The benchmark for the Fund is the MSCI All Countries World Index (net dividends reinvested) hedged to Australian dollars.
5. The Value Added is shown as the Fund (Net) minus the benchmark.
Unit Price and Distribution Summary
| Date | NAV Unit Price | Entry Unit Price | Exit Unit Price |
|---|---|---|---|
| 11/09/2025 | $9.0377 | $9.0603 | $9.0151 |
| 10/09/2025 | $9.0304 | $9.0530 | $9.0078 |
| 10/09/2025 | $9.0304 | $9.0530 | $9.0078 |
Stockbroker
Administrator
This product is ‘dual access’—that is where investors have a choice to either buy and sell units on the Australian Securities Exchange using the ASX code LPHD, or to invest and redeem units directly with our administrator.
To buy or sell units with your stockbroker:
- 1Read the Product Disclosure Statement and Fund Target Market Determination
- 2View the indicative Net Asset Value (iNAV)** shown below:
ASX Code: LPHD
View the iNAV on various data houses with associated ticker details:
| Provider | Units | Indicative Nav |
|---|---|---|
| Bloomberg | LPHD AU EQUITY | LPHDIV INDEX |
| Thomson Reuters | LPHD.AX | LPHDAUDINAV-SOLA |
| IRESS | LPHD.AXW | LPHDAUDINAV |
- 3Check the current LPHD buy/sell price with your stockbroker or on your online stockbroking application.
- 4 Buy or sell units on the ASX using ASX Code: LPHD.
There is no minimum investment amount for applications through the ASX.
* An indicative NAV per Unit (“iNAV”) for the Fund will be published throughout the ASX Trading Day. The iNAV reflects the real time movements in stock markets and currencies during the ASX Trading Day and, for securities not trading during the ASX Trading Day, listed proxy instruments selected on the basis of correlations with the underlying investments. The proxies and their correlations with underlying instruments are reviewed regularly and updated as required. The iNAV represents the best estimate by the Responsible Entity (“RE”) or its appointed agents of the value per unit in the Fund throughout the trading day. The iNAV published by the Fund is indicative only and might not accurately reflect the underlying value of the Fund. The Issuer or its appointed agents gives no guarantees that the iNAV will be published continuously or that it will be up to date or free from error. To the extent permitted by law, neither the RE or its appointed agent shall be liable to any person who relies on the iNAV.
This product is ‘dual access’—that is where investors have a choice to either buy and sell units on the Australian Securities Exchange using the ASX code LPHD, or to invest and redeem units directly with our administrator.
To buy or sell units with the Fund's Administrator:
- 1Read the Product Disclosure Statement and Target Market Determination
- 2Complete the application form online through Connexian or download the hard copy Application Form.
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If you are making a hard copy application, send the application form to Apex Fund Services:
Apex Fund Services - Unit Registry
GPO Box 143
Sydney NSW 2001
If the form isn't loading correctly, click here to go directly to the application form.
Make Regular Payments with BPAY®
Loftus Peak accepts initial direct investments from individuals with a minimum amount of $5,000.
Additional investments into the Fund can also be made via BPAY®. To facilitate the use of this service you will need to enter the Loftus Peak BPAY® Biller Code 427419 along with your unique Customer Reference Number (CRN) which can be found when you log into your Investor Login.
Your individual CRN will be generated after your initial application to allow you to make additional investments by using BPAY®. BPAY® cannot be used for initial investments. When making the payment via BPAY®, you do not need to complete an additional investment form.
BPAY® is only available when purchasing units by way of Fund's Registry, Apex Fund Services (previously named Mainstream Fund Services) and is not available when purchasing units on the ASX.