Managed Funds

Where catalysts meet conviction.

Two concentrated strategies, one thesis: long-only and long/short books built from the same high-conviction research engine.

Strategy Index · 2026 YTD

ISIS Global Equity Fund

45.15%

GEMGEM Long Short Fund

172.91%

Universe NYSE / NASDAQ

Holdings 15–25

AS AT 7 AUGUST 2026

Where conviction meets structural inevitability.

Concentrated, high-conviction portfolios in the world’s largest listed companies, positioned in the secular themes reshaping the global economy.

We don’t follow the index. We hold a deliberately small number of names, sized to conviction, and let quality compound. Patience is an asset class.

A repeatable edge

Experience

25 years navigating market cycles: bull markets, drawdowns, regime changes. Pattern recognition you can’t shortcut.

Proven Principles

Growth at a fair price. Sector leadership. Quality moats. The same rules in every market, applied without exception.

AI-Powered Signals

Proprietary signals surface momentum shifts and structural inflections in real time, extending what the analyst sees.

The result is a process that doesn’t depend on a single market regime. It compounds in expansions, defends in drawdowns, and finds asymmetry in transitions.

Four structural shifts in the world’s largest economies.

Four concentrated, multi-year shifts in the largest US companies, held until they become consensus.

01 / 04

Defence & Aerospace

Sustained, multi-year procurement cycles across allied nations and a structural rebuild of sovereign capability.

National Security

Aviation

Space Innovation

02 / 04

Frontier Technologies

The picks and shovels of the digital economy — category leaders with deep moats in AI, quantum, and silicon.

AI

Quantum Computing

Advanced Semiconductors

03 / 04

Energy Technology

A multi-decade transition across generation, storage, and the electrification of industry.

Renewables

Battery Storage

Electrification

04 / 04

Advanced Manufacturing

Reshoring and the reconfiguration of global supply chains around resilience over efficiency.

Automation

Robotics

Resilient Supply Chains

Identify · Position · Compound

From a universe of secular winners to a concentrated book in three disciplined stages.

01

Identify

02

Position

03

Compound

01

Identify

We start with secular growth themes: AI infrastructure, automation, cybersecurity, semiconductors and aerospace. Then proprietary, AI-powered signals surface the sector leaders inside each, in real time.

Secular themes

AI signals

Sector leaders

OutcomeA watchlist of sector leaders

Where conviction sits.

Six high-conviction sectors, each anchored to a growth pillar. Indicative target weights and representative holdings, illustrative rather than current advice.

0122%

Semiconductors

The compute layer beneath every AI workload. Global tech sovereignty and CHIPS Act tailwinds are reshaping the supply base.

Design, IP licensing and data infrastructure silicon

GEM diamond markFrontier Technologies

0220%

AI Infrastructure

Cloud capacity is the bottleneck, not the model. Contracted revenue and hyperscaler commitments are running years ahead of build-out.

Cloud platforms, enterprise IT and optical networking

GEM diamond markFrontier Technologies

0318%

Aerospace & Defence

Sustained Western re-armament, commercial aviation recovery and space-economy expansion, with multi-decade demand visibility.

Primes, aerospace suppliers and defence data analytics

GEM diamond markDefence & Aerospace

0415%

Industrial Automation

Onshoring and labour shortages are forcing capex into automation. Margins expand structurally, not cyclically.

Robotics, warehouse automation and process control

GEM diamond markAdvanced Manufacturing

0513%

Advanced Manufacturing

Advanced nuclear alongside conventional producers with carbon-capture exposure. Grid electrification and compute-driven baseload demand are re-rating generation.

Nuclear, conventional production and carbon capture

GEM diamond markEnergy Technology

0612%

Cybersecurity

Cloud migration plus an AI-driven threat surface makes this non-discretionary, recurring-revenue spend across every enterprise budget.

Cloud security and identity platforms

GEM diamond markFrontier Technologies

Indicative target allocation · not current holdings or recommendations.

Two concentrated strategies. One thesis.

Both books are built from the same research engine, expressed long-only or long and short.

GEM diamond markIS

Flagship · Long-Only · Series I

IS Global Equity Fund

A long-only book of the highest-conviction structural winners across the four themes, held through the re-rating.

Strategy

Long-only global equities

Universe

NYSE / NASDAQ

Holdings

15–25 positions

Liquidity

Monthly

Base currency

AUD

Minimum

AUD 500,000

45.15%2026 YTD · AS AT 7 AUGUST 2026

Request factsheet →

GEM diamond markGEM

Long / Short · Series II

CH Long Short Fund

A directional long/short expression of the same thesis: long the structural winners, short the displaced incumbents.

Strategy

Long / short global equities

Universe

NYSE / NASDAQ

Exposure

Variable gross / net

Liquidity

Monthly

Base currency

AUD

Minimum

AUD 500,000

172.91%2026 YTD · AS AT 7 AUGUST 2026

Request factsheet →

Returns by year.

Fund202420252026 YTDSince Inception
IS Global Equity Fund+14.45%+19.05%+45.15%‡+97.77%
GEM Long Short Fund+156.98%+104.74%‡+221.40%

‡ 2026 YTD AS AT 7 AUG 2026. Past performance is no guarantee of future returns.

For Sophisticated Investors only.

The Equities strategy is offered exclusively to Sophisticated Investors and Wholesale Clients within the meaning of section 708(8)(c) of the Corporations Act 2001 (Cth). It is not available to retail investors.

Concentration

A deliberately small book means single positions can materially affect returns in either direction.

Market & event

Catalysts can be delayed, repriced, or fail to materialise. Returns are not linear.

Currency

US-dollar denominated assets are exposed to AUD/USD movements unless hedged.

Liquidity

Monthly liquidity; the mandate is built for patient, long-duration capital.

Wholesale & Sophisticated Investors

Ready to invest with conviction?

GEM is open to a limited number of investors who qualify under s708(8)(c) of the Corporations Act. Apply to receive our Information Memorandum.

This communication is intended solely for Sophisticated Investors and Wholesale Clients within the meaning of section 708(8)(c) of the Corporations Act 2001 (Cth). It does not constitute an offer, recommendation, or solicitation to any retail investor. Past performance is not a reliable indicator of future returns.