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  5. Franklin K2 Athena A - Managed fund profile

Franklin K2 Athena A - Managed Fund

Fund Objective
The Fund seeks to achieve long-term capital appreciation with lower volatility relative to the broader equity markets and substantially less correlation to traditional asset classes over a full market cycle by pursuing various risk premia strategies, which seek to profit from persistent behavioural and/or structural anomalies or other factors.
Fund Strategy
The Fund accesses its investment strategy through investment in the Underlying Fund. The Underlying Fund aims to increase the value of its investments with lower volatility relative to broader equity markets and less correlation to traditional asset classes over the medium to long term. References in this PDS to investments, objectives, and risks of the Fund also refer to those of the Underlying Fund.

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 2.51% 5.92% 4.91% 9.54% -% -% -% -%
Growth return 2.51% 5.92% 2.6% 7.12% -% -% -% -%
Income return 0% 0% 2.31% 2.42% -% -% -% -%
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
25.41%
Australian Equities
4.28%
International Equities
7.52%
Cash
43.46%
Property
1.93%
Fixed Interest
17.40%

General Information

Fund Details
Type Description
Franklin K2 Athena A
SSB0495AU
Alternative - Multistrategy
Not Rated
Investment Fund
3 Apr 2023
$59.71 million (as at 31 Jan 2025)
$1.0771 (as at 23 Apr 2025)
$1.0771 (as at 23 Apr 2025)
Open
Offer information
Type Description
MER 0.80% (as at 3 Jul 2024)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available

FAQs about the Franklin K2 Athena A

The objective of the Franklin K2 Athena A managed fund is The Fund seeks to achieve long-term capital appreciation with lower volatility relative to the broader equity markets and substantially less correlation to traditional asset classes over a full market cycle by pursuing various risk premia strategies, which seek to profit from persistent behavioural and/or structural anomalies or other factors.

The strategy of the Franklin K2 Athena A managed fund is The Fund accesses its investment strategy through investment in the Underlying Fund. The Underlying Fund aims to increase the value of its investments with lower volatility relative to broader equity markets and less correlation to traditional asset classes over the medium to long term. References in this PDS to investments, objectives, and risks of the Fund also refer to those of the Underlying Fund.

The APIR code of the Franklin K2 Athena A managed fund is SSB0495AU.

Franklin K2 Athena A’s total return last month was 2.51%. This was made up of a growth return of 2.51% and an income return of 0%. These returns were calculated as at 31 Mar 2025.

Franklin K2 Athena A’s total return for the last three months was 5.92%. This was made up of a growth return of 5.92% and an income return of 0%%. These returns were calculated as at 31 Mar 2025.

Franklin K2 Athena A’s one-year total return is 9.54%. This was made up of a growth return of 7.12% and an income return of 2.42%. These returns were calculated as at 31 Mar 2025.

Franklin K2 Athena A’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 Mar 2025.

The asset allocation of the Franklin K2 Athena A managed fund is :

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

The Franklin K2 Athena A managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 31 Jan 2025, the size of the Franklin K2 Athena A managed fund was $59.71 million.

The Franklin K2 Athena A managed fund has an inception date of 3 Apr 2023.

The current entry price of the Franklin K2 Athena A managed fund is $1.0771 per unit and the current exit price is $1.0771 per unit (as at 23 Apr 2025).

The current exit price of the Franklin K2 Athena A managed fund is $1.0771 per unit and the current entry price is $1.0771 per unit (as at 23 Apr 2025).

The minimum initial investment amount for the Franklin K2 Athena A 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.