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News
Results of the Off Market Buyback Offer
Because the number of shares tendered was more than 907,008 there was a scale-back proportionate to the amount of the excess, so that the number of shares... [more]
Positive outcome of General Meeting held 4 Feb 2009
At a General Meeting of Shareholders held on 4 February 2009 the resolution put to the meeting "that the company be wound up" was unanimously defeated... [more]
Latest Quarterly Report
In response to our investors' need for up-to-date information about Global Masters,... [more]
Welcome to Global Masters Fund
+Our mission
Global Masters Fund (ASX code: GFL) was created to satisfy a growing appetite for investing globally in order to spread risk and to benefit from the rewards available in some of the higher growth global economies.
Currently Global Masters has the majority of its investment in the USA domiciled investment company, Berkshire Hathaway Inc. (NYSE code: BRK:A) with the remainder in bond and cash funds.
Berkshire Hathaway, arguably the world's most successful investment company, has achieved an average return of 21.9% p.a. over the past 40 years and is still actively managed by its founders Warren Buffet and Charles Munger.
In addition, Global Masters innovated an off-market share buy-back program that allows Global Masters' investors a window of opportunity to sell their shares at a price representing net asset value, less an administration charge of 5%. This helps investors address the common feature of Listed Investment Companies (LIC) that sometimes trade at a discount to their underlying asset value.
An investment in Global Masters is suited to investors who are seeking long-term capital growth from a portfolio managed by one of the most respected investors in the USA.