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  5. Lakehouse Global Growth Fund - Managed fund profile

Lakehouse Global Growth Fund - Managed Fund

Fund Objective
The Fund aims to provide long-term capital growth and outperform the MSCI All Country World Index net total returns (AUD) over rolling five year periods (after fees and expenses but before taxes).
Fund Strategy
The Investment Manager's strategy for the Fund is to invest the majority of assets in a high conviction portfolio of 20 to 30 companies with expected long-term growth with a focus on mid- and large-capitalisation companies listed in developed markets. The Fund will typically hold 5% to 15% of assets in cash but may hold up to 20% based on the prevailing opportunity set.

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 4.53% 5.71% 17.53% 46.58% 31.33% 7.53% 17.23% -%
Growth return 8.03% 13.93% 19.26% 37.1% 33.04% 4.62% 11.85% -%
Income return -3.5% -8.22% -1.73% 9.48% -1.71% 2.91% 5.38% -%
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 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lakehouse Global Growth Fund
International Equities
96.70%
Cash
3.30%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.10%
Cash
2.52%
Australian Equities
2.65%
Property
1.52%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
Lakehouse Global Growth Fund
Equity Trustees Ltd
OMF1140AU
Equity World Large Growth
starstarstarstar (as at 31 Oct 2024)
Investment Fund
30 Nov 2017
$360.8 million (as at 29 Nov 2024)
$2.5076 (as at 29 Nov 2024)
$2.5 (as at 29 Nov 2024)
Open
Offer information
Type Description
MER 3.36% (as at 25 Sep 2023)
Indirect Cost Ratio (ICR) 1.30% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
MercadoLibre Inc Equity 10.98%
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FAQs about the Lakehouse Global Growth Fund

The objective of the Lakehouse Global Growth Fund managed fund is The Fund aims to provide long-term capital growth and outperform the MSCI All Country World Index net total returns (AUD) over rolling five year periods (after fees and expenses but before taxes).

The strategy of the Lakehouse Global Growth Fund managed fund is The Investment Manager's strategy for the Fund is to invest the majority of assets in a high conviction portfolio of 20 to 30 companies with expected long-term growth with a focus on mid- and large-capitalisation companies listed in developed markets. The Fund will typically hold 5% to 15% of assets in cash but may hold up to 20% based on the prevailing opportunity set.

The APIR code of the Lakehouse Global Growth Fund managed fund is OMF1140AU.

Lakehouse Global Growth Fund’s total return last month was 4.53%. This was made up of a growth return of 8.03% and an income return of -3.5%. These returns were calculated as at 31 Oct 2024.

Lakehouse Global Growth Fund’s total return for the last three months was 5.71%. This was made up of a growth return of 13.93% and an income return of -8.22%%. These returns were calculated as at 31 Oct 2024.

Lakehouse Global Growth Fund’s one-year total return is 46.58%. This was made up of a growth return of 37.1% and an income return of 9.48%. These returns were calculated as at 31 Oct 2024.

Lakehouse Global Growth Fund’s one-year total return is 7.53%. This was made up of a growth return of 4.62% and an income return of 2.91%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Lakehouse Global Growth Fund managed fund is :

International Equities
96.70%
Cash
3.30%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Lakehouse Global Growth Fund managed fund is Equity Trustees Ltd.

The Lakehouse Global Growth Fund managed fund belongs to the Equity World Large Growth sector/asset class.

As at 29 Nov 2024, the size of the Lakehouse Global Growth Fund managed fund was $360.8 million.

The Lakehouse Global Growth Fund managed fund has an inception date of 30 Nov 2017.

The current entry price of the Lakehouse Global Growth Fund managed fund is $2.5076 per unit and the current exit price is $2.5 per unit (as at 29 Nov 2024).

The current exit price of the Lakehouse Global Growth Fund managed fund is $2.5 per unit and the current entry price is $2.5076 per unit (as at 29 Nov 2024).

The minimum initial investment amount for the Lakehouse Global Growth Fund 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.