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Regal Investment Fund (ASX:RF1), a listed alternatives fund managed by Regal Partners, has been bought by value investors when it trades at a discount. In December 2023, Oracle Advisory Group reported it first bought RF1 at a discount to net asset value, noting the fund had historically traded at a premium and produced very strong returns, and that the discount had since narrowed after its entry. Regal Investment Fund operates in the Financials sector within the Capital Markets industry, and Thesis Tracker has captured 1 comment from 1 fund manager, Oracle Advisory Group. Established by Regal Partners, the Regal Investment Fund is an ASX-listed trust that provides investors with access to a portfolio of alternative investment strategies managed by Regal, including long-short equities, small companies, resources, private credit and other alternatives, aiming to deliver absolute returns with low correlation to equity markets, and pays regular distributions to unitholders funded by its strategies.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Oracle Advisory Group have invested in Regal Investment Fund (ASX:RF1).
Oracle highlights the opportunity to buy RF1 at a discount to net asset value given its history of trading at a premium and its strong long-term returns.
The available commentary does not detail specific risks, though listed funds can trade at persistent discounts to net asset value and returns depend on Regal's investment performance.
Regal Investment Fund is an Australian closed-end investment fund based in Melbourne. Established in 2004 by Andrew King and Philip King, the fund provides investors with access to a diverse range of alternative investment strategies managed by Regal. It serves as a vehicle for exposure to the firm's specialized investment management expertise.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.