Investment Strategies – Overview

Kopernik Global Investors, LLC draws from the same management team, philosophy and investment process to oversee four investment strategies.

  • Kopernik Global All-Cap
    Kopernik Global All-Cap primarily invests in equity securities of companies located across the globe and of all market capitalizations, may also invest in equity-related derivatives including preferred shares, warrants, rights, and options, and may invest in fixed income securities, generally limited to 10% of assets.
  • Kopernik Global Unconstrained
    Kopernik Global Unconstrained is a long/short equity strategy that seeks capital appreciation by positioning shares of businesses across the world and among all market capitalizations that trade at significant differentials (discounts or premiums) to their risk-adjusted intrinsic values.
  • Kopernik Global Long-Term Opportunities
    Kopernik Global Long-Term Opportunities, a global crossover strategy, seeks to achieve its investment objective of long-term positive real returns by investing in equity securities of companies located throughout the world, including emerging and frontier markets, which Kopernik believes are trading at a significant discount to risk-adjusted intrinsic value. In conjunction with its public equity investments, the strategy also invests in real assets including, but not limited to, commodities, natural resources, and streams and/or royalties. The strategy invests in equity securities as well as any level of the capital structure that Kopernik perceives to offer the best potential risk-adjusted returns. This includes low liquidity securities which may consist of smaller capitalization companies, non-publicly traded companies, and companies that have a smaller percentage of total common shares outstanding that are freely traded (or “free float”). Kopernik defined Emerging markets to include all emerging and frontier markets and countries that may not be classified as developed by MSCI.
  • Kopernik International
    Kopernik International primarily invests in equity securities of companies in any country, market, and sector/industry, generally across the mid to large market capitalization range. The strategy may invest up to 15% of its net assets in U.S. domiciled businesses that have significant business activities outside the United States, as determined by Kopernik.