InvestSMART

FNC Follow - on Access Trust - Managed Fund

Fund Objective
This Fund’s investment strategy seeks to participate in follow-on rounds offered by existing Fund 1 investments. After the successful deployment of capital into these businesses over the course of Fund 1’s investment period (2020-2023), the Fund has been able to closely work with and assess the performance of these businesses.
Fund Strategy
This Fund’s investment strategy seeks to participate in follow-on rounds offered by existing Fund 1 investments. After the successful deployment of capital into these businesses over the course of Fund 1’s investment period (2020-2023), the Fund has been able to closely work with and assess the performance of these businesses.

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 0% 0.95% -7.02% -5.28% 3.33% -% -% -%
Growth return 0% 2.05% -6.34% -% 3.45% -% -% -%
Income return 0% -1.1% -0.68% -% -0.12% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.92% 1.82% 3.76% 4.06% 4.09% 2.88% 2.13%
As at 31 Jan 2026. 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
18.53%
Australian Equities
4.68%
International Equities
3.26%
Cash
55.78%
Property & Infrastructure
1.98%
Fixed Interest
15.78%

General Information

Fund Details
Type Description
FNC Follow - on Access Trust
FNC3176AU
Miscellaneous
Not Rated
Investment Fund
2 Oct 2023
n/a
$1.1354 (as at 31 Jan 2026)
$1.053 (as at 31 Jan 2026)
Open
Offer information
Type Description
MER 2% (as at 18 Dec 2023)
Savings plan comments
Redemption comments
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FAQs about the FNC Follow - on Access Trust

The objective of the FNC Follow - on Access Trust managed fund is This Fund’s investment strategy seeks to participate in follow-on rounds offered by existing Fund 1 investments. After the successful deployment of capital into these businesses over the course of Fund 1’s investment period (2020-2023), the Fund has been able to closely work with and assess the performance of these businesses.

The strategy of the FNC Follow - on Access Trust managed fund is This Fund’s investment strategy seeks to participate in follow-on rounds offered by existing Fund 1 investments. After the successful deployment of capital into these businesses over the course of Fund 1’s investment period (2020-2023), the Fund has been able to closely work with and assess the performance of these businesses.

The APIR code of the FNC Follow - on Access Trust managed fund is FNC3176AU.

FNC Follow - on Access Trust’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Jan 2026.

FNC Follow - on Access Trust’s total return for the last three months was 0.95%. This was made up of a growth return of 2.05% and an income return of -1.1%%. These returns were calculated as at 31 Jan 2026.

FNC Follow - on Access Trust’s one-year total return is -5.28%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2026.

FNC Follow - on Access Trust’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 Jan 2026.

The asset allocation of the FNC Follow - on Access Trust managed fund is :

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

The FNC Follow - on Access Trust managed fund belongs to the Miscellaneous sector/asset class.

As at , the size of the FNC Follow - on Access Trust managed fund was $ million.

The FNC Follow - on Access Trust managed fund has an inception date of 2 Oct 2023.

The current entry price of the FNC Follow - on Access Trust managed fund is $1.1354 per unit and the current exit price is $1.053 per unit (as at 31 Jan 2026).

The current exit price of the FNC Follow - on Access Trust managed fund is $1.053 per unit and the current entry price is $1.1354 per unit (as at 31 Jan 2026).

The minimum initial investment amount for the FNC Follow - on Access Trust managed fund is $.

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.