Investment Strategies – Kopernik Global Opportunities

The Kopernik Global Opportunities strategy may be offered by Kopernik in various investment vehicles, including separate accounts and a publicly offered fund. More information is available upon request.

  • UCITS offered by Heptagon Capital

Kopernik’s investment philosophy is centered on the belief that market inefficiencies present numerous opportunities to identify quality businesses at attractive prices. The Firm utilizes bottom-up fundamental analysis to gain a thorough understanding of a company’s business and valuation.

The Kopernik Global Opportunities strategy seeks capital appreciation by investing in small/mid- to large-cap equities across the world including emerging and frontier markets, which Kopernik believes are trading at a significant discount to their risk-adjusted intrinsic values. Generally, the strategy does not invest in issuers with market capitalization below $3 billion, as measured at time of purchase.

Global Opportunities Strategy Guideline Maximums
(at purchase):		Weightage
Issuer7%
Industry130%
Sector135%
Country240%
Emerging markets3 (including Frontier4)60%

Generally, no investment in issuers with market capitalization below $2 billion, as measured at time of purchase

  • 1Sector and Industry classifications shall be in accordance with the Global Industry Classification Standard (GICS ®) methodology.
  • 2Country classification based on MSCI classification (Bloomberg Country of Risk classification when MSCI is unavailable).
  • 3Kopernik defines Emerging Markets as those markets that may not be classified as Developed by MSCI.
  • 4 I.e. commodity ETFs, fixed income securities, etc.

Kopernik Global Opportunities FAQs