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  5. ALC Active Australian Equities Fund - Managed fund profile

ALC Active Australian Equities Fund - Managed Fund

Fund Objective
The Fund seeks to generate returns in excess of the MSCI World index over a rolling 5-year period. The Fund seeks to do this by investing in internationally listed equities, generating excess returns from stock selection, regional capital allocation and currency hedging.
Fund Strategy
The Fund's investment strategy is to invest in a portfolio of stocks listed on major international stock exchanges. The portfolio has a US, Europe and Asia sleeve. The Fund will pick stocks in each sleeve through a combination of fundamental, bottom-up research and quantitative signals. The Fund will dynamically allocate between the three sleeves. In addition, the Fund will employ currency hedging to take advantage of relative currency strength and weakness.

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 1.93% -2.62% -9.87% -8.02% -% -% -% -%
Growth return 1.62% -2.54% -9.8% -8.6% -% -% -% -%
Income return 0.31% -0.08% -0.07% 0.58% -% -% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return -3.15% -0.8% 6.93% 11.44% 11.93% 7.41% 8.06% 8.51%
As at 31 Dec 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
Australian Equities
93.80%
International Equities
4.16%
Cash
-0.44%
Property
2.10%
Fixed Interest
0.40%
Alternatives
-0.02%

General Information

Fund Details
Type Description
ALC Active Australian Equities Fund
Equity Trustees Ltd
ETL2310AU
Equity Australia Large Blend
Not Rated
Investment Fund
27 Jul 2023
n/a
$0.81294 (as at 17 Jan 2025)
$0.8097 (as at 17 Jan 2025)
Open
Offer information
Type Description
MER 4% (as at 27 Jul 2023)
Indirect Cost Ratio (ICR) 2.21% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $50,000
Minimum additional investments $25,000

FAQs about the ALC Active Australian Equities Fund

The objective of the ALC Active Australian Equities Fund managed fund is The Fund seeks to generate returns in excess of the MSCI World index over a rolling 5-year period. The Fund seeks to do this by investing in internationally listed equities, generating excess returns from stock selection, regional capital allocation and currency hedging.

The strategy of the ALC Active Australian Equities Fund managed fund is The Fund's investment strategy is to invest in a portfolio of stocks listed on major international stock exchanges. The portfolio has a US, Europe and Asia sleeve. The Fund will pick stocks in each sleeve through a combination of fundamental, bottom-up research and quantitative signals. The Fund will dynamically allocate between the three sleeves. In addition, the Fund will employ currency hedging to take advantage of relative currency strength and weakness.

The APIR code of the ALC Active Australian Equities Fund managed fund is ETL2310AU.

ALC Active Australian Equities Fund’s total return last month was 1.93%. This was made up of a growth return of 1.62% and an income return of 0.31%. These returns were calculated as at 31 Dec 2024.

ALC Active Australian Equities Fund’s total return for the last three months was -2.62%. This was made up of a growth return of -2.54% and an income return of -0.08%%. These returns were calculated as at 31 Dec 2024.

ALC Active Australian Equities Fund’s one-year total return is -8.02%. This was made up of a growth return of -8.6% and an income return of 0.58%. These returns were calculated as at 31 Dec 2024.

ALC Active Australian Equities Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2024.

The asset allocation of the ALC Active Australian Equities Fund managed fund is :

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

The Responsible Entity for the ALC Active Australian Equities Fund managed fund is Equity Trustees Ltd.

The ALC Active Australian Equities Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at , the size of the ALC Active Australian Equities Fund managed fund was $ million.

The ALC Active Australian Equities Fund managed fund has an inception date of 27 Jul 2023.

The current entry price of the ALC Active Australian Equities Fund managed fund is $0.81294 per unit and the current exit price is $0.8097 per unit (as at 17 Jan 2025).

The current exit price of the ALC Active Australian Equities Fund managed fund is $0.8097 per unit and the current entry price is $0.81294 per unit (as at 17 Jan 2025).

The minimum initial investment amount for the ALC Active Australian Equities Fund managed fund is $50,000. Minimum additional investment is $25000.

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.