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  5. Fulcrum Diversified Absolute Return Fund - Managed fund profile

Fulcrum Diversified Absolute Return Fund - Managed Fund

Fund Objective
The Fund aims to achieve long-term absolute returns in all market conditions over rolling five year periods, with lower volatility than equity markets and in excess of inflation.
Fund Strategy
In seeking to achieve its aim of long-term absolute returns, the Fund will invest globally and aim to hold a highly diversified portfolio, typically consisting of exposures to equities, fixed income, commodities, alternatives and cash Investments may be made through collective investment schemes (including index funds such as exchange traded funds (ETF) and actively managed funds managed by the Investment Manager, but not actively managed funds managed by third Party investment managers).

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 2.79% 3.74% 3.17% 9.65% 2.84% 3.63% 4.64% -%
Growth return 2.79% 3.74% 3.17% 9.65% 2.84% 3.14% 1.55% -%
Income return 0% 0% 0% 0% 0% 0.49% 3.09% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.35% 1.06% 2.15% 4.34% 4.01% 2.95% -% -%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fulcrum Diversified Absolute Return Fund
Australian Equities
0.43%
International Equities
58.91%
Cash
42.91%
Fixed Interest
20.41%
Alternatives
-22.66%
Average Allocation of Peers
Australian Equities
0.05%
International Equities
13.50%
Cash
31.47%
Fixed Interest
8.32%
Alternatives
46.66%

General Information

Fund Details
Type Description
Fulcrum Diversified Absolute Return Fund (Wholesale)
Equity Trustees Ltd
ETL0424AU
Alternative - Macro Trading
starstarstarstarstar (as at 30 Nov 2024)
Investment Fund
31 Mar 2015
$1236.4 million (as at 13 Dec 2024)
$1.0169 (as at 23 Dec 2024)
$1.0169 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 1.25% (as at 1 Jun 2024)
Indirect Cost Ratio (ICR) 1.25% (as at 31 Dec 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $5,000,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 31 Dec 2022)

Holding (as at 31 Dec 2022) Type % of Portfolio
Etrsi Msfdroz 0.0% 31dec99 Fund Equity Index Swap 17.21%
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FAQs about the Fulcrum Diversified Absolute Return Fund

The objective of the Fulcrum Diversified Absolute Return Fund managed fund is The Fund aims to achieve long-term absolute returns in all market conditions over rolling five year periods, with lower volatility than equity markets and in excess of inflation.

The strategy of the Fulcrum Diversified Absolute Return Fund managed fund is In seeking to achieve its aim of long-term absolute returns, the Fund will invest globally and aim to hold a highly diversified portfolio, typically consisting of exposures to equities, fixed income, commodities, alternatives and cash Investments may be made through collective investment schemes (including index funds such as exchange traded funds (ETF) and actively managed funds managed by the Investment Manager, but not actively managed funds managed by third Party investment managers).

The APIR code of the Fulcrum Diversified Absolute Return Fund managed fund is ETL0424AU.

Fulcrum Diversified Absolute Return Fund’s total return last month was 2.79%. This was made up of a growth return of 2.79% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Fulcrum Diversified Absolute Return Fund’s total return for the last three months was 3.74%. This was made up of a growth return of 3.74% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

Fulcrum Diversified Absolute Return Fund’s one-year total return is 9.65%. This was made up of a growth return of 9.65% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Fulcrum Diversified Absolute Return Fund’s one-year total return is 3.63%. This was made up of a growth return of 3.14% and an income return of 0.49%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Fulcrum Diversified Absolute Return Fund managed fund is :

Australian Equities
0.43%
International Equities
58.91%
Cash
42.91%
Fixed Interest
20.41%
Alternatives
-22.66%

The Responsible Entity for the Fulcrum Diversified Absolute Return Fund managed fund is Equity Trustees Ltd.

The Fulcrum Diversified Absolute Return Fund managed fund belongs to the Alternative - Macro Trading sector/asset class.

As at 13 Dec 2024, the size of the Fulcrum Diversified Absolute Return Fund managed fund was $1236.4 million.

The Fulcrum Diversified Absolute Return Fund managed fund has an inception date of 31 Mar 2015.

The current entry price of the Fulcrum Diversified Absolute Return Fund managed fund is $1.0169 per unit and the current exit price is $1.0169 per unit (as at 23 Dec 2024).

The current exit price of the Fulcrum Diversified Absolute Return Fund managed fund is $1.0169 per unit and the current entry price is $1.0169 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the Fulcrum Diversified Absolute Return Fund managed fund is $5,000,000. 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.