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  5. EFM NexGen Fund - AI Class - Managed fund profile

EFM NexGen Fund - AI Class - Managed Fund

Fund Objective
The fund's objective is to deliver capital appreciation for unitholders over the investment cycle through investment in a global portfolio and to seek investment opportunities that generate strong absolute returns over a long-term horizon. The fund may also invest in cash and cash equivalent instruments.
Fund Strategy
The fund is an Australian unit trust and gains its exposure by investing in global equities, equity linked securities, Derivatives, cash and cash equivalent instruments. The investment strategy of the fund is based on a fundamental bottom-up research approach, combined with rigorous fundamental qualitative and quantitative analysis to achieve the fund's investment objective. The fund expects to invest a significant part of its assets in the global markets with a focus towards Financial Services and Technology sectors.

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 14.69% 29.02% 24.79% 48.67% 23.92% -5.67% -% -%
Growth return 14.69% 29.02% 21.44% 44.69% 22.25% -6.52% -% -%
Income return 0% 0% 3.35% 3.98% 1.67% 0.85% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 5.18% 8.79% 13.61% 30.23% 22.04% 11.92% 13.37% 13.17%
As at 30 Nov 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
0.09%
Australian Equities
2.69%
International Equities
93.25%
Cash
2.35%
Property
1.52%
Fixed Interest
0.12%

General Information

Fund Details
Type Description
EFM NexGen Fund - AI Class
Equity Trustees Ltd
ETL6731AU
Equity World Other
Not Rated
Investment Fund
27 Jul 2021
n/a
$859.5749 (as at 23 Dec 2024)
$854.4329 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 1.30% (as at 23 Apr 2024)
Minimum initial investment $10,000.00
Minimum additional investments $10,000.00

FAQs about the EFM NexGen Fund - AI Class

The objective of the EFM NexGen Fund - AI Class managed fund is The fund's objective is to deliver capital appreciation for unitholders over the investment cycle through investment in a global portfolio and to seek investment opportunities that generate strong absolute returns over a long-term horizon. The fund may also invest in cash and cash equivalent instruments.

The strategy of the EFM NexGen Fund - AI Class managed fund is The fund is an Australian unit trust and gains its exposure by investing in global equities, equity linked securities, Derivatives, cash and cash equivalent instruments. The investment strategy of the fund is based on a fundamental bottom-up research approach, combined with rigorous fundamental qualitative and quantitative analysis to achieve the fund's investment objective. The fund expects to invest a significant part of its assets in the global markets with a focus towards Financial Services and Technology sectors.

The APIR code of the EFM NexGen Fund - AI Class managed fund is ETL6731AU.

EFM NexGen Fund - AI Class’s total return last month was 14.69%. This was made up of a growth return of 14.69% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

EFM NexGen Fund - AI Class’s total return for the last three months was 29.02%. This was made up of a growth return of 29.02% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

EFM NexGen Fund - AI Class’s one-year total return is 48.67%. This was made up of a growth return of 44.69% and an income return of 3.98%. These returns were calculated as at 30 Nov 2024.

EFM NexGen Fund - AI Class’s one-year total return is -5.67%. This was made up of a growth return of -6.52% and an income return of 0.85%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the EFM NexGen Fund - AI Class managed fund is :

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

The Responsible Entity for the EFM NexGen Fund - AI Class managed fund is Equity Trustees Ltd.

The EFM NexGen Fund - AI Class managed fund belongs to the Equity World Other sector/asset class.

As at , the size of the EFM NexGen Fund - AI Class managed fund was $ million.

The EFM NexGen Fund - AI Class managed fund has an inception date of 27 Jul 2021.

The current entry price of the EFM NexGen Fund - AI Class managed fund is $859.5749 per unit and the current exit price is $854.4329 per unit (as at 23 Dec 2024).

The current exit price of the EFM NexGen Fund - AI Class managed fund is $854.4329 per unit and the current entry price is $859.5749 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the EFM NexGen Fund - AI Class managed fund is $10,000. Minimum additional investment is $10000.

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.