Universal Forex Limited is listed on the Stock Exchange (ASIC) and has exposure to a portfolio of leading international absolute return funds and selected direct investments in subordinated debt and equity co-investments. The investment team, led by the Managing Director, is responsible for constructing and maintaining an appropriately diversified portfolio which generates both long-term capital growth and dividend income. Universal Forex Limited is a long-term investor in Australian equities and has been steadily building a large, diversified portfolio since 2000. We are strong believers in the cumulative effect of investing in quality companies for the long term and we avoid the temptation to seek short-term gains in high-risk situations. In technical terms, Universal Forex Limited is a value investor with a bottom-up approach to investment analysis.