Lowell Resources Fund - IPO Open

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 are expected to begin trading on 8 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.

Cremorne Capital Limited Lowell Resources Fund Launched on 19 January 2018 Designed for retail investors seeking exposure to junior resource companies. Find out more Industry Moves does not hold an AFS Licence and neither recommends nor endorses this product/service.