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Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) has shared an announcement.
Fat Prophets Global Contrarian Fund has reported an estimated pre-tax NTA per share of $1.8476 as at 29 April 2026, up 4.733% from the end of March, as active portfolio management and recent market moves supported performance. The manager has reduced precious metals exposure from about 50% to 25%, raised cash to diversify into new contrarian ideas, and launched a 1-for-5 rights issue with underwriting and full take-up by the manager to bolster the fund’s capital base and support its evolving investment strategy.
The portfolio remains anchored to Japanese financials and Chinese technology at roughly 25% each, with the trimmed but still significant precious metals allocation reflecting a cautious but constructive medium- to long-term view on gold, silver and platinum. By rebalancing after a rebound in gold and PGM miners and securing backing for the capital raising, the fund aims to strengthen liquidity, broaden thematic exposure and enhance resilience for existing and new shareholders amid shifting market conditions.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Limited is an ASX-listed investment fund that pursues contrarian global equity themes. Its portfolio has been heavily focused on Japanese financial stocks and Chinese technology companies, each accounting for roughly a quarter of assets, alongside substantial exposure to precious metals miners, reflecting a strategy geared toward cyclical and value-driven opportunities.
Average Trading Volume: 16,507
Technical Sentiment Signal: Buy
Find detailed analytics on FPC stock on TipRanks’ Stock Analysis page.