Lowell Resources Fund

Cremorne Capital has launched a listed version of its Lowell Resources Fund. The product disclosure statement was lodged on 19 January 2018 and the shares began trading on 22 March 2018.

The fund invests in junior resource stocks in Australia and around the world. It is managed by Lowell Resources Funds Management and Cremorne Capital is the responsible entity. The manager selects companies that have achieved significant exploration success; have established a potentially commercial resource base; and are considered to have a good probability of building on that initial success and moving into production.

The unlisted public investment trust version of the fund has delivered a 10-year return to investors of 10.4% per annum, compared to a -2.3% per annum performance by the S&P/ASX 300 Resources Index and 4.1% per annum by the S&P/ASX 200.