L1 Capital Catalyst Founders - Managed Fund

Fund Objective

The objective of the fund is to deliver strong positive risk adjusted returns over the long term.

Fund Strategy

The investment strategy is based on a detailed investment process built on fundamental assessment of quality and value as well as stock specific catalysts.It is a high conviction strategy that seeks to deliver positive catalysts that unlocks major share price upside for investors through fundamental, bottom-up stock picking. The fund managers aim to deliver private equity type alpha returns over the investment horizon.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-3.84%	-1.73%	-3.97%	14.05%	7.82%	6.88%	-%	-%
Growth return	-3.84%	-1.73%	-9.68%	7.28%	1.95%	2.16%	-%	-%
Income return	0%	0%	5.71%	6.77%	5.87%	4.72%	-%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	-1.31%	2.1%	8.44%	24.89%	13.39%	8.01%	8.17%	8.32%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

L1 Capital Catalyst Founders

Australian Equities: 95.62%

Cash: 4.38%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.36%

Cash: -0.08%

International Equities: 4.21%

Property: 2.11%

Fixed Interest: 0.40%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	L1 Capital Catalyst Founders
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL0511AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	1 Jul 2021
Fund Size	$270.42 million (as at 31 Oct 2024)
Entry Price	$1.2234 (as at 21 Nov 2024)
Exit Price	$1.2198 (as at 21 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.77% (as at 14 Nov 2023)
Indirect Cost Ratio (ICR)	1.75% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0.98
Minimum initial investment	$250,000
Minimum additional investments	$100,000

FAQs about the L1 Capital Catalyst Founders

What is the objective of the L1 Capital Catalyst Founders managed fund?

The objective of the L1 Capital Catalyst Founders managed fund is The objective of the fund is to deliver strong positive risk adjusted returns over the long term.

What is the strategy for the L1 Capital Catalyst Founders managed fund?

The strategy of the L1 Capital Catalyst Founders managed fund is The investment strategy is based on a detailed investment process built on fundamental assessment of quality and value as well as stock specific catalysts.It is a high conviction strategy that seeks to deliver positive catalysts that unlocks major share price upside for investors through fundamental, bottom-up stock picking. The fund managers aim to deliver private equity type alpha returns over the investment horizon.

What is the APIR code of the L1 Capital Catalyst Founders managed fund?

The APIR code of the L1 Capital Catalyst Founders managed fund is ETL0511AU.

What was L1 Capital Catalyst Founders’s total return last month?

L1 Capital Catalyst Founders’s total return last month was -3.84%. This was made up of a growth return of -3.84% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was L1 Capital Catalyst Founders’s total return for the last three months?

L1 Capital Catalyst Founders’s total return for the last three months was -1.73%. This was made up of a growth return of -1.73% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

What is L1 Capital Catalyst Founders’s one-year total return?

L1 Capital Catalyst Founders’s one-year total return is 14.05%. This was made up of a growth return of 7.28% and an income return of 6.77%. These returns were calculated as at 31 Oct 2024.

What is L1 Capital Catalyst Founders’s three-year total return?

L1 Capital Catalyst Founders’s one-year total return is 6.88%. This was made up of a growth return of 2.16% and an income return of 4.72%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the L1 Capital Catalyst Founders managed fund?

The asset allocation of the L1 Capital Catalyst Founders managed fund is :

Australian Equities: 95.62%

Cash: 4.38%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the L1 Capital Catalyst Founders managed fund?

The Responsible Entity for the L1 Capital Catalyst Founders managed fund is Equity Trustees Ltd.

What sector/asset class does the L1 Capital Catalyst Founders managed fund belong to?

The L1 Capital Catalyst Founders managed fund belongs to the Equity Australia Large Blend sector/asset class.

What is the size of the L1 Capital Catalyst Founders managed fund?

As at 31 Oct 2024, the size of the L1 Capital Catalyst Founders managed fund was $270.42 million.

What is the inception date of the L1 Capital Catalyst Founders managed fund?

The L1 Capital Catalyst Founders managed fund has an inception date of 1 Jul 2021.

What is the current entry price of the L1 Capital Catalyst Founders managed fund?

The current entry price of the L1 Capital Catalyst Founders managed fund is $1.2234 per unit and the current exit price is $1.2198 per unit (as at 21 Nov 2024).

What is the current exit price of the L1 Capital Catalyst Founders managed fund?

The current exit price of the L1 Capital Catalyst Founders managed fund is $1.2198 per unit and the current entry price is $1.2234 per unit (as at 21 Nov 2024).

What is the minimum investment amount for the L1 Capital Catalyst Founders managed fund?

The minimum initial investment amount for the L1 Capital Catalyst Founders managed fund is $250,000. Minimum additional investment is $100000.

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.

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