Financial Standard Comments - ORBIS launches cash based fund Orbis Australia has launched a retail cash plus equities fund, the Orbis/SM Australia Opportunity Fund. https://www.financialstandard.com.au/feed/latest?story=12143578 Tue, 26 Jul 2011 13:45:43 +1000 Tue, 26 Jul 2011 13:45:43 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Mark Knight () Lets see the fee and performance structure and undertand better the parameters for the type of money market instruments before we judge whether this is potentially a good product. It will not have many comparable funds. I suspect you will end up paying excess fees for this type of product.

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]]> Mark Knight () Tue, 26 Jul 2011 13:45:43 +1000 Comment by JD @ Orbis () The fees are 25 bps Base Fee and the performance fee is 20% of the extent the fund outperforms its benchmark on a high watermark basis. The buy/sell spread is 10bps.Orbis is happy to take any calls on this to discuss further. You can call 1300604 604

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]]> JD @ Orbis () Tue, 26 Jul 2011 16:57:18 +1000