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  5. L1 Capital Catalyst Founders - Managed fund profile

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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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 -3.71% -4.53% -1.61% 2.05% 6.84% 6.66% -% -%
Growth return 6.14% 6.81% -6.22% 5.69% 7.9% 2.64% -% -%
Income return -9.85% -11.34% 4.61% -3.64% -1.06% 4.02% -% -%
Market index (S&P/ASX 200 TR AUD )
Total return 2.97% 7.79% 6.65% 21.77% 17.54% 8.45% 8.38% 8.93%
As at 31 Aug 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
91.81%
Cash
0.47%
International Equities
4.23%
Property
3.06%
Fixed Interest
0.41%
Alternatives
0.02%

General Information

Fund Details
Type Description
L1 Capital Catalyst Founders
Equity Trustees Ltd
ETL0511AU
Equity Australia Large Blend
starstarstar (as at 31 Aug 2024)
Investment Fund
1 Jul 2021
$254.88 million (as at 30 Jun 2024)
$1.258 (as at 30 Sep 2024)
$1.2542 (as at 30 Sep 2024)
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

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.

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.

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

L1 Capital Catalyst Founders’s total return last month was -3.71%. This was made up of a growth return of 6.14% and an income return of -9.85%. These returns were calculated as at 31 Aug 2024.

L1 Capital Catalyst Founders’s total return for the last three months was -4.53%. This was made up of a growth return of 6.81% and an income return of -11.34%%. These returns were calculated as at 31 Aug 2024.

L1 Capital Catalyst Founders’s one-year total return is 2.05%. This was made up of a growth return of 5.69% and an income return of -3.64%. These returns were calculated as at 31 Aug 2024.

L1 Capital Catalyst Founders’s one-year total return is 6.66%. This was made up of a growth return of 2.64% and an income return of 4.02%. These returns were calculated as at 31 Aug 2024.

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%

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

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

As at 30 Jun 2024, the size of the L1 Capital Catalyst Founders managed fund was $254.88 million.

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

The current entry price of the L1 Capital Catalyst Founders managed fund is $1.258 per unit and the current exit price is $1.2542 per unit (as at 30 Sep 2024).

The current exit price of the L1 Capital Catalyst Founders managed fund is $1.2542 per unit and the current entry price is $1.258 per unit (as at 30 Sep 2024).

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.