InvestSMART

Ironbark GCM Global Macro - Managed Fund

Fund Objective
The fund employs a broad range of equity, credit, event-driven, macro, and relative value strategies to invest in futures, options, derivatives, debt, and equity markets.
Fund Strategy
The fund employs a broad range of equity, credit, event-driven, macro, and relative value strategies to invest in futures, options, derivatives, debt, and equity markets.

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 4.69% 1.85% -0.15% -7.27% -4.77% -1.29% 1.85% 1.17%
Growth return 0.37% 4.28% 2.95% -7.97% -6.64% -2.21% 1.64% 0.81%
Income return 4.32% -2.43% -3.1% 0.7% 1.87% 0.92% 0.21% 0.36%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.29% 0.87% 1.77% 3.75% 4.05% 4% -% -%
As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ironbark GCM Global Macro
Cash
1.61%
Alternatives
98.39%
International Equities
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
38.30%
Alternatives
51.30%
International Equities
5.54%
Fixed Interest
4.86%

General Information

Fund Details
Type Description
Ironbark GCM Global Macro
Ironbark Asset Management Pty Ltd
DEU0109AU
Alternative - Macro Trading
starstar (as at 31 Jan 2026)
Investment Fund
30 Nov 1999
$68244001 million (as at 17 Feb 2026)
$1.2238 (as at 17 Feb 2026)
$1.2238 (as at 17 Feb 2026)
Open
Offer information
Type Description
MER 2.67% (as at 1 Jul 2024)
Indirect Cost Ratio (ICR) 2.04% (as at 30 Jun 2025)
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Oct 2019)

Holding (as at 31 Oct 2019) Type % of Portfolio
K2 Gcm Liquid Quant Macro Fund Mutual Fund - Money Market 100%
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FAQs about the Ironbark GCM Global Macro

The objective of the Ironbark GCM Global Macro managed fund is The fund employs a broad range of equity, credit, event-driven, macro, and relative value strategies to invest in futures, options, derivatives, debt, and equity markets.

The strategy of the Ironbark GCM Global Macro managed fund is The fund employs a broad range of equity, credit, event-driven, macro, and relative value strategies to invest in futures, options, derivatives, debt, and equity markets.

The APIR code of the Ironbark GCM Global Macro managed fund is DEU0109AU.

Ironbark GCM Global Macro’s total return last month was 4.69%. This was made up of a growth return of 0.37% and an income return of 4.32%. These returns were calculated as at 31 Jan 2026.

Ironbark GCM Global Macro’s total return for the last three months was 1.85%. This was made up of a growth return of 4.28% and an income return of -2.43%%. These returns were calculated as at 31 Jan 2026.

Ironbark GCM Global Macro’s one-year total return is -7.27%. This was made up of a growth return of -7.97% and an income return of 0.7%. These returns were calculated as at 31 Jan 2026.

Ironbark GCM Global Macro’s one-year total return is -1.29%. This was made up of a growth return of -2.21% and an income return of 0.92%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the Ironbark GCM Global Macro managed fund is :

Cash
1.61%
Alternatives
98.39%
International Equities
0%
Fixed Interest
0%

The Responsible Entity for the Ironbark GCM Global Macro managed fund is Ironbark Asset Management Pty Ltd.

The Ironbark GCM Global Macro managed fund belongs to the Alternative - Macro Trading sector/asset class.

As at 17 Feb 2026, the size of the Ironbark GCM Global Macro managed fund was $68244001 million.

The Ironbark GCM Global Macro managed fund has an inception date of 30 Nov 1999.

The current entry price of the Ironbark GCM Global Macro managed fund is $1.2238 per unit and the current exit price is $1.2238 per unit (as at 17 Feb 2026).

The current exit price of the Ironbark GCM Global Macro managed fund is $1.2238 per unit and the current entry price is $1.2238 per unit (as at 17 Feb 2026).

The minimum initial investment amount for the Ironbark GCM Global Macro managed fund is $20,000. Minimum additional investment is $1000.

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.