Platinum International Fund (Quoted Managed Fund)

Platinum Asset Management (Platinum) has launched the Platinum International Fund QMF (Quoted Managed Fund) (the Fund) which was listed on the ASX - with code PIXX - on 14 September 2017.

The Fund will feed into Platinum's $10 billion unlisted flagship fund, the Platinum International Fund, giving investors access to its portfolio composition, portfolio managers and investment strategies.

The Fund primarily invests in listed securities and, according to Platinum, the Fund's portfolio will ideally consist of 70 to 140 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found and Platinum may short sell securities that it considers overvalued.

The portfolio will be managed by Kerr Neilson, Andrew Clifford and Clay Smolinski, and will typically have 50% or more net equity exposure.

Platinum has also launched the Platinum Asia Fund (Quoted Managed Fund) - ASX: PAXX. Read more here.