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  5. L1 Capital International Daily - Managed fund profile

L1 Capital International Daily - Managed Fund

Fund Objective
To deliver attractive risk adjusted returns over a medium to long term investment horizon whilst lowering the risk of a permanent loss of capital.To outperform the MSCI World Net Total Return Index in AUD net of fees and expenses over rolling 5 year periods.Focus is placed on capital preservation and minimising the downside risk for each investment. Risk is assessed as the potential for a permanent loss of capital, not share price volatility.
Fund Strategy
The objective of the Fund is to outperform the Benchmark net of fees and expenses over rolling 5 year periods.

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 5.01% 9.98% 15.34% 30.57% 27.73% 11.55% 14.69% -%
Growth return 5.01% 9.98% 14.29% 29.38% 27.15% 11.2% 12.94% -%
Income return 0% 0% 1.05% 1.19% 0.58% 0.35% 1.75% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 5.18% 8.79% 13.61% 30.23% 22.04% 11.92% 13.37% 13.17%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

L1 Capital International Daily
International Equities
95.83%
Cash
4.17%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.25%
Cash
2.35%
Australian Equities
2.69%
Property
1.52%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
L1 Capital International Daily
Equity Trustees Ltd
ETL1954AU
Equity World Large Blend
starstarstarstar (as at 30 Nov 2024)
Investment Fund
1 Mar 2019
$335.21 million (as at 13 Dec 2024)
$6.5614 (as at 23 Dec 2024)
$6.5418 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 1.61% (as at 10 Nov 2023)
Indirect Cost Ratio (ICR) 1.57% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.37
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Microsoft Corp Equity 8.52%
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FAQs about the L1 Capital International Daily

The objective of the L1 Capital International Daily managed fund is To deliver attractive risk adjusted returns over a medium to long term investment horizon whilst lowering the risk of a permanent loss of capital.To outperform the MSCI World Net Total Return Index in AUD net of fees and expenses over rolling 5 year periods.Focus is placed on capital preservation and minimising the downside risk for each investment. Risk is assessed as the potential for a permanent loss of capital, not share price volatility.

The strategy of the L1 Capital International Daily managed fund is The objective of the Fund is to outperform the Benchmark net of fees and expenses over rolling 5 year periods.

The APIR code of the L1 Capital International Daily managed fund is ETL1954AU.

L1 Capital International Daily’s total return last month was 5.01%. This was made up of a growth return of 5.01% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

L1 Capital International Daily’s total return for the last three months was 9.98%. This was made up of a growth return of 9.98% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

L1 Capital International Daily’s one-year total return is 30.57%. This was made up of a growth return of 29.38% and an income return of 1.19%. These returns were calculated as at 30 Nov 2024.

L1 Capital International Daily’s one-year total return is 11.55%. This was made up of a growth return of 11.2% and an income return of 0.35%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the L1 Capital International Daily managed fund is :

International Equities
95.83%
Cash
4.17%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the L1 Capital International Daily managed fund is Equity Trustees Ltd.

The L1 Capital International Daily managed fund belongs to the Equity World Large Blend sector/asset class.

As at 13 Dec 2024, the size of the L1 Capital International Daily managed fund was $335.21 million.

The L1 Capital International Daily managed fund has an inception date of 1 Mar 2019.

The current entry price of the L1 Capital International Daily managed fund is $6.5614 per unit and the current exit price is $6.5418 per unit (as at 23 Dec 2024).

The current exit price of the L1 Capital International Daily managed fund is $6.5418 per unit and the current entry price is $6.5614 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the L1 Capital International Daily managed fund is $25,000. 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.