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The latest announcement is out from Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ).
Fat Prophets Global Contrarian Fund has reported an estimated pre-tax NTA of $1.8669 per share as at 18 March 2026, down from $2.1916 at 28 February 2026, representing a 14.8% decline over the period. Management attributes the sharp drawdown to a rolling correction in global financial markets, aggravated by the war in the Middle East, surging oil prices, and a broad sell-off in technology stocks, gold, and platinum group metals.
Despite the steep monthly loss, the fund’s chief investment officer maintains that the current environment is a correction rather than a bear market and has left the portfolio unchanged. The manager expects risk appetite to recover once the Middle East conflict subsides and continues to see gold and commodities as being in the early stages of a new bull cycle that should resume when the U.S. dollar eventually weakens.
The most recent analyst rating on (AU:FPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Limited is an Australian-listed investment fund (ASX: FPC) focused on global equities and risk assets, with a contrarian strategy that targets opportunities across sectors including technology, commodities, and precious metals. The fund offers investors exposure to actively managed positions in international markets, with performance measured and reported via its net tangible assets (NTA) per share.
Average Trading Volume: 28,797
Technical Sentiment Signal: Buy
For a thorough assessment of FPC stock, go to TipRanks’ Stock Analysis page.