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  5. GAM LSA Private Shares I - Managed fund profile

GAM LSA Private Shares I - Managed Fund

Fund Objective
The Fund's investment objective is to achieve attractive investment gains over the medium to long-term, primarily through capital appreciation in its investments. The Fund's target investment return is between 15 - 20% per annum (net any fees, expenses or taxes).
Fund Strategy
The Fund intends to pursue its investment objective by investing substantially all of its assets into the GAM LSA Private Shares (Cayman) Master Fund (the 'Master Fund'). The Master Fund's investment objective is also to achieve attractive investment gains over the medium to long-term, primarily through capital appreciation in its investments. The Master Fund's target investment return is also between 15 - 20% per annum (net any fees, expenses or taxes).

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 -0.34% 9.5% 14.4% 22.49% 26.22% -% -% -%
Growth return -0.34% 9.5% 14.4% 22.49% 26.22% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (MSCI World NR AUD)
Total return -0.42% 4.87% 14.02% 21.07% 25.17% 16.04% 14.74% 12.38%
As at 28 Feb 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GAM LSA Private Shares I
International Equities
62.95%
Cash
27.58%
Alternatives
9.47%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
25.01%
Cash
22.16%
Alternatives
28.66%
Australian Equities
17.53%
Property
0.88%
Fixed Interest
5.75%

General Information

Fund Details
Type Description
GAM LSA Private Shares I
Equity Trustees Ltd
ETL5089AU
Alternative-Private Equity
Not Rated
Investment Fund
21 Mar 2022
$136.09 million (as at 13 Mar 2025)
$2.4131 (as at 13 Mar 2025)
$2.4131 (as at 13 Mar 2025)
Open
Offer information
Type Description
MER 2.56% (as at 13 May 2024)
Indirect Cost Ratio (ICR) 0.55% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 28 Feb 2025)

Holding (as at 28 Feb 2025) Type % of Portfolio
GAM LSA Pvt Shrs Cy Mstr Fd Ord AUD Acc Mutual Fund - Hedge Fund 99.05%
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FAQs about the GAM LSA Private Shares I

The objective of the GAM LSA Private Shares I managed fund is The Fund's investment objective is to achieve attractive investment gains over the medium to long-term, primarily through capital appreciation in its investments. The Fund's target investment return is between 15 - 20% per annum (net any fees, expenses or taxes).

The strategy of the GAM LSA Private Shares I managed fund is The Fund intends to pursue its investment objective by investing substantially all of its assets into the GAM LSA Private Shares (Cayman) Master Fund (the 'Master Fund'). The Master Fund's investment objective is also to achieve attractive investment gains over the medium to long-term, primarily through capital appreciation in its investments. The Master Fund's target investment return is also between 15 - 20% per annum (net any fees, expenses or taxes).

The APIR code of the GAM LSA Private Shares I managed fund is ETL5089AU.

GAM LSA Private Shares I’s total return last month was -0.34%. This was made up of a growth return of -0.34% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

GAM LSA Private Shares I’s total return for the last three months was 9.5%. This was made up of a growth return of 9.5% and an income return of 0%%. These returns were calculated as at 28 Feb 2025.

GAM LSA Private Shares I’s one-year total return is 22.49%. This was made up of a growth return of 22.49% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

GAM LSA Private Shares I’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 28 Feb 2025.

The asset allocation of the GAM LSA Private Shares I managed fund is :

International Equities
62.95%
Cash
27.58%
Alternatives
9.47%
Australian Equities
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the GAM LSA Private Shares I managed fund is Equity Trustees Ltd.

The GAM LSA Private Shares I managed fund belongs to the Alternative-Private Equity sector/asset class.

As at 13 Mar 2025, the size of the GAM LSA Private Shares I managed fund was $136.09 million.

The GAM LSA Private Shares I managed fund has an inception date of 21 Mar 2022.

The current entry price of the GAM LSA Private Shares I managed fund is $2.4131 per unit and the current exit price is $2.4131 per unit (as at 13 Mar 2025).

The current exit price of the GAM LSA Private Shares I managed fund is $2.4131 per unit and the current entry price is $2.4131 per unit (as at 13 Mar 2025).

The minimum initial investment amount for the GAM LSA Private Shares I managed fund is $20,000. Minimum additional investment is $5000.

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.