Unit Price as at 30 September 2016
= $1.1214


Distinguishing features of Forté Funds Management Ltd (Forté)

  • Width and depth of experience of management and investment team;
  • Alignment of owners’ and management’s interests with the interests of investors;
  • Absolute framework investment philosophy;
  • Active engagement with companies.

Distinguishing features of the Forté Equity Fund (Fund)

  • The units in the Fund are no longer being offered to ’the public’ (as that term is referred to in the Securities Act 1978);
  • Investors’ funds are held by third party independent entities;
  • Independent Fund administration, registry, unit pricing and auditing;
  • Concentrated investment positions.

Forté is currently 100% owned by entities associated with John Phipps and David Mair. We established the Fund to be an investment management vehicle for our funds and the funds of our associates and other contacts.

John Phipps, Darryl Briggs and Douglas Lau, all experienced investment professionals, are responsible for the management of Forté. We highlight the extensive experience of the investment and management team, who collectively have many years of direct experience in business and/or investment management in both small and large companies.

Forté is the investment manager of the Fund. The Fund’s investments are predominantly shares listed in New Zealand and Australia, however, at times it may hold high levels of cash. The Fund may endeavour to manage risk by using a number of tools, including hedging.

We have endeavoured to align our interests with those of investors by investing in the Fund on the same terms as other investors and charging a performance fee to incentivise out-performance of the Fund. To ensure this alignment becomes part of Forté’s culture we may broaden our ownership to include persons contributing to the performance of Forté and the Fund.

Security of investors’ funds is important to us. All investors’ funds are held by an independent trustee corporation. Fund administration, registry and unit pricing are performed by an independent third party specialist. The Fund and Forté are audited by an independent auditor.

  • From 7th November 2015, units in the Fund are no longer being offered to ‘the public’ (as that term is referred to in the Securities Act 1978);
  • An Information Memorandum and other relevant documents, will be available on this site as soon as they are finalised;
  • Existing unitholders of the Fund have been advised of changes to the Fund;
  • For further information please contact Forté.

If you have a problem or a complaint, please contact us at info@fortefunds.co.nz If you are still not satisfied you may refer the matter to the Financial Services Complaints Ltd (FSCL) www.fscl.org.nz Forté is a member of the independent dispute resolution scheme operated by FSCL.

John Phipps
Executive Director, CEO
E. john@fortefunds.co.nz
P. +64 (09) 975 4241
M. +64 29 307 8313

Darryl Briggs
Investment Manager
E. darryl@fortefunds.co.nz
P. +64 (09) 975 4242
M. +64 21 327 795

Douglas Lau
Investment Manager
E. douglas@fortefunds.co.nz
P. +64 (09) 975 4243
M. +64 29 494 2217

Forté Funds Management
E. info@fortefunds.co.nz
P. +64 (09) 975 4240

Michael Anderson
Non-Executive Director
P. +64 (09) 373 7297

David Mair
Non-Executive Director
Advisory Committee
P. +64 21 708 021