Tectonic Opportunities Fund
Growth-focused absolute-return hedge fund
Fund characteristics
Name
Tectonic Opportunities Fund, an Australian unit trust
Inception Date
6th July 2020
APIR Code
BQC6619AU
Objective
Double-digit net returns over the medium to long-term
Investment allocation
Max 50% of the Fund invested into unlisted investments
Reporting frequency
Quarterly
Distribution frequency
Annually (unless reinvested)
Applications
Quarterly (Closed to new applications since 1 Jan 2026)
Liquidity
Annually
Investment limit
No more than 10% of the Fund invested into a single security
Management fee
0% p.a. (Tectonic does not charge management fees)
Performance fee (Tectonic Class)
20% of the quarterly Unit Return subject to High-Water-Mark
Admin & Trustee
Boutique Capital Pty Ltd
Investor eligibility
Wholesale investors only
Minimum investment size
$100,000
Fund Overview
return on $100,000 invested at INCEPTION
Past Quarterly Net Returns
*Fund established 6th July 2020, performance from that date net of fees.
Past performance is not indicative of future performance.
Specific risks of the Fund may impact on the possibility of such a return in future.
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summary net return metrics
Fund established 6 July 2020. Past performance is not indicative of future performance
Net Returns since inception
Fund established 6 July 2020. Past performance is not indicative of future performance
Quarterly report
Access and download PDF report below.
NOTE: The Fund has been closed to new applications since 1 January 2026.
Please note the following information has been prepared for use by Wholesale and Professional Investors only. By clicking Agree to download the fund update, fact sheet or submit an application form below, you are confirming you are an Australia Wholesale Investor as defined by section 761G of the Corporations Act 2001.
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Investment approach
Small cap focus
We focus on the small-cap space where the potential for mispricing is the greatest. Small-cap companies typically have greater growth potential, more opportunities for valuation-arbitrage as they grow, less analyst-coverage and better access to management.
Swim with the current, not against it
We invest around long-term themes that provide structural tailwinds/headwinds to particular sectors. In these sectors we then target fast-growing companies that have significant future growth potential ahead of them. We invest in opportunities that are already heading the right direction rather than trying to pick turning-points.
Invest for the long-term
We believe compounding the winners over the long-term will drive the Fund’s outperformance. We take a ‘business-owner mindset’ that allows us to position for the long-term rather than managing to short-term performance outcomes.
Incentives equals outcomes
We believe an appreciation of incentive structures is critical for successful investing. We look for proven, high-quality management (preferably founders) who we can engage with and who have significant ‘skin-in-the-game’. This alignment of interests is replicated at the Fund-level with Tectonic’s unique fee structure and significant team investment.
‘All-seasons’ strategy
We strive to build a portfolio that can navigate both strong and weak market conditions. Our portfolio construction parameters limit concentration and liquidity risk. Our focus on non-cyclical/lowly-geared companies and shorting strategies equip the Fund to ride out down-markets.
Our partner
Boutique Capital is the trustee and licensee of the Fund and has appointed Tectonic Investment Management as the Fund’s investment manager. Boutique Capital provides all back office, administration and distribution services.
Other service providers
How to invest
Available for Wholesale or Professional Investors only. The Fund is only available to investors based in Australia, New Zealand, Europe, United Kingdom and Switzerland. The Fund is not available to US-based investors.
Due to Tectonic’s ‘investor club’ philosophy potential investors are subject to additional screening by the Fund manager post application. This is to ensure alignment of the potential investor with the Fund’s strategy, risk-tolerance and time-horizon.
Accept terms to confirm your status and apply via the button below.
NOTE: The Fund has been closed to new applications since 1 January 2026.
Investor Eligibility DefinitionS
Wholesale clients and sophisticated investors:
'Wholesale clients' and 'sophisticated investors' are defined in the Corporations Act 2001 (Cth) and include a person who has a certificate from a qualified accountant (obtained within the last six months), stating that such person has net assets of at least $2.5 million and/or a gross income for the past two financial years of at least $250,000 a year.
Foreign Investors:
If you reside outside of Australia & New Zealand this condition is not applicable to you.