Performance Graphs 

The net return information for the Retail Class of the Orbis Global Equity Fund (Australia Registered) until 30 November 2015 is illustrative and based on returns of the wholesale class after applying the Retail Class fee. Returns from 1 December 2015 are actual returns of the Retail Class.

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        Past performance is not a reliable indicator of future results. Orbis Funds’ unit prices fluctuate and are not guaranteed. When making an investment in the Funds, an investor’s capital is at risk. Returns may decrease or increase as a result of currency fluctuations.


        Returns are net of fees, include income, assume reinvestment of distributions, exclude any spreads that might be payable and are based on valuations using prices at market close. All index returns are inclusive of income.

        Orbis Retail Class returns are based on a hypothetical investment in the class at the inception of the Fund with no subsequent transactions.

        Returns, other than for periods less than one year, are annualised. Where returns are annualised, the average amount of money earned is expressed as a percentage each year over a given time period.


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