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  5. CAI Global Market Neutral Fund - Managed fund profile

CAI Global Market Neutral Fund - Managed Fund

Fund Objective
The Fund aims to provide investment returns in excess of the Reserve Bank of Australia ('RBA') cash rate over a rolling 3 year period after fees.
Fund Strategy
The strategy seeks to deliver risk adjusted returns, irrespective of market conditions, with target volatility of 6% to 8%p.a. and low correlation to traditional assets. The Fund will utilise a global market neutral strategy through implementing a differentiated, global quantitative process which invests in listed global equities. The Fund will seek to operate with no more than 4% net non-Australian dollar currency exposure.

Fund Performance Comparison

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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 -5.72% -0.69% 8.08% 6.6% 6.11% 4.52% 1.68% -%
Growth return -5.72% -0.69% 8.08% 0.13% 2.08% -0.15% -2% -%
Income return 0% 0% 0% 6.47% 4.03% 4.67% 3.68% -%
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 31 Mar 2025. 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
CAI Global Market Neutral Fund
Ironbark Asset Mgmt (Fund Services) Ltd
DAM9817AU
Alternative - Other
Not Rated
Investment Fund
14 Nov 2019
$13.89 million (as at 17 Apr 2025)
$0.8645 (as at 22 Apr 2025)
$0.8645 (as at 22 Apr 2025)
Open
Offer information
Type Description
MER 1.81% (as at 23 Apr 2024)
Indirect Cost Ratio (ICR) 1.60% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 30 Apr 2024)

Holding (as at 30 Apr 2024) Type % of Portfolio
Tsla Gpc Deck Bcc Bld Bldr Fbin Luv Fn Chtr Tpr Urbn Can Mutual Fund - Open End 100%

FAQs about the CAI Global Market Neutral Fund

The objective of the CAI Global Market Neutral Fund managed fund is The Fund aims to provide investment returns in excess of the Reserve Bank of Australia ('RBA') cash rate over a rolling 3 year period after fees.

The strategy of the CAI Global Market Neutral Fund managed fund is The strategy seeks to deliver risk adjusted returns, irrespective of market conditions, with target volatility of 6% to 8%p.a. and low correlation to traditional assets. The Fund will utilise a global market neutral strategy through implementing a differentiated, global quantitative process which invests in listed global equities. The Fund will seek to operate with no more than 4% net non-Australian dollar currency exposure.

The APIR code of the CAI Global Market Neutral Fund managed fund is DAM9817AU.

CAI Global Market Neutral Fund’s total return last month was -5.72%. This was made up of a growth return of -5.72% and an income return of 0%. These returns were calculated as at 31 Mar 2025.

CAI Global Market Neutral Fund’s total return for the last three months was -0.69%. This was made up of a growth return of -0.69% and an income return of 0%%. These returns were calculated as at 31 Mar 2025.

CAI Global Market Neutral Fund’s one-year total return is 6.6%. This was made up of a growth return of 0.13% and an income return of 6.47%. These returns were calculated as at 31 Mar 2025.

CAI Global Market Neutral Fund’s one-year total return is 4.52%. This was made up of a growth return of -0.15% and an income return of 4.67%. These returns were calculated as at 31 Mar 2025.

The asset allocation of the CAI Global Market Neutral Fund managed fund is :

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

The Responsible Entity for the CAI Global Market Neutral Fund managed fund is Ironbark Asset Mgmt (Fund Services) Ltd.

The CAI Global Market Neutral Fund managed fund belongs to the Alternative - Other sector/asset class.

As at 17 Apr 2025, the size of the CAI Global Market Neutral Fund managed fund was $13.89 million.

The CAI Global Market Neutral Fund managed fund has an inception date of 14 Nov 2019.

The current entry price of the CAI Global Market Neutral Fund managed fund is $0.8645 per unit and the current exit price is $0.8645 per unit (as at 22 Apr 2025).

The current exit price of the CAI Global Market Neutral Fund managed fund is $0.8645 per unit and the current entry price is $0.8645 per unit (as at 22 Apr 2025).

The minimum initial investment amount for the CAI Global Market Neutral Fund managed fund is $20,000. Minimum additional investment is $1000.

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.