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  5. aCommerce Fund 2 - Managed fund profile

aCommerce Fund 2 - Managed Fund

Fund Objective
The Fund is targeting an equity raise of US$16.617mn with returns of >40% per annum (net of transaction fees and all Fund expenses).
Fund Strategy
The Fund offers investors the unique opportunity to invest in aCommerce Group Limited, a market leading end-to-end E-Commerce solutions provider based in South-East Asia ('ASEAN').

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -% -% -% 0.36% -7.03% -10.93% -1.3% -%
Growth return 0.36% 0.36% 0.36% 0.36% -7.03% -10.93% -1.3% -%
Income return -% -% -% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.34% 1.02% 2.13% 4.35% 4.28% 3.67% 2.21% 1.99%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
25.45%
Australian Equities
4.28%
International Equities
7.52%
Cash
43.40%
Property
1.93%
Fixed Interest
17.42%

General Information

Fund Details
Type Description
aCommerce Fund 2 (Wholesale)
BSP0604AU
Miscellaneous
Not Rated
Investment Fund
16 Dec 2016
n/a
$2.13399 (as at 30 Jun 2024)
$2.13399 (as at 30 Jun 2024)
Open
Offer information
Type Description
MER 0.96% (as at 1 Jul 2023)
Indirect Cost Ratio (ICR) 1.28% (as at 30 Jun 2023)
Performance fee (not included in ICR) 1.28
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

FAQs about the aCommerce Fund 2

The objective of the aCommerce Fund 2 managed fund is The Fund is targeting an equity raise of US$16.617mn with returns of >40% per annum (net of transaction fees and all Fund expenses).

The strategy of the aCommerce Fund 2 managed fund is The Fund offers investors the unique opportunity to invest in aCommerce Group Limited, a market leading end-to-end E-Commerce solutions provider based in South-East Asia ('ASEAN').

The APIR code of the aCommerce Fund 2 managed fund is BSP0604AU.

aCommerce Fund 2’s total return last month was -%. This was made up of a growth return of 0.36% and an income return of -%. These returns were calculated as at 30 Jun 2024.

aCommerce Fund 2’s total return for the last three months was -%. This was made up of a growth return of 0.36% and an income return of -%%. These returns were calculated as at 30 Jun 2024.

aCommerce Fund 2’s one-year total return is 0.36%. This was made up of a growth return of 0.36% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

aCommerce Fund 2’s one-year total return is -10.93%. This was made up of a growth return of -10.93% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the aCommerce Fund 2 managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The aCommerce Fund 2 managed fund belongs to the Miscellaneous sector/asset class.

As at , the size of the aCommerce Fund 2 managed fund was $ million.

The aCommerce Fund 2 managed fund has an inception date of 16 Dec 2016.

The current entry price of the aCommerce Fund 2 managed fund is $2.13399 per unit and the current exit price is $2.13399 per unit (as at 30 Jun 2024).

The current exit price of the aCommerce Fund 2 managed fund is $2.13399 per unit and the current entry price is $2.13399 per unit (as at 30 Jun 2024).

The minimum initial investment amount for the aCommerce Fund 2 managed fund is $50,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.