Lucerne Alternative Investments 2 - Managed Fund

Fund Objective

The Fund aims to achieve an annual absolute return of 6% or more above the RBA cash rate after fees; over rolling 5 year periods. Volatility of the return is expected to be lower than that of equity markets and with a consistent return over 5 year periods. This objective is only an indication of what the Fund aims to achieve over the long term and Fund may not be successful in meeting this objective.

Fund Strategy

The Fund will invest in other funds. There are allocation limits placed on asset classes and strategies of the underlying funds. The Fund is also able to invest directly in primary and secondary market securities and derivatives.

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	-0.88%	0.85%	2.05%	5.76%	6.26%	5.53%	10.7%	-%
Growth return	-0.88%	0.85%	2.05%	4.36%	1.37%	-1.94%	3.88%	-%
Income return	0%	0%	0%	1.4%	4.89%	7.47%	6.82%	-%
Market index (RBA Bank accepted Bills 90 Days)
Total return	0.34%	1.02%	2.13%	4.35%	4.28%	3.67%	2.21%	1.99%

As at 28 Feb 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Alternatives: 25.41%

Australian Equities: 4.28%

International Equities: 7.52%

Cash: 43.46%

Property: 1.93%

Fixed Interest: 17.40%

General Information

Fund Details

Type	Description
Fund Name	Lucerne Alternative Investments 2
Responsible Entity	The Trust Company (RE Services) Limited
APIR Code	PIM1923AU
Sector/Asset Class	Alternative - Multistrategy
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	30 Nov 2017
Fund Size	$69.13 million (as at 30 Jun 2024)
Entry Price	$1.2452 (as at 28 Feb 2025)
Exit Price	$1.2402 (as at 28 Feb 2025)
Fund Status	Open

Offer information

Type	Description
MER	2.15% (as at 9 May 2024)
Indirect Cost Ratio (ICR)	2.15% (as at 30 Jun 2024)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$25,000
Minimum additional investments	$25,000

FAQs about the Lucerne Alternative Investments 2

What is the objective of the Lucerne Alternative Investments 2 managed fund?

The objective of the Lucerne Alternative Investments 2 managed fund is The Fund aims to achieve an annual absolute return of 6% or more above the RBA cash rate after fees; over rolling 5 year periods. Volatility of the return is expected to be lower than that of equity markets and with a consistent return over 5 year periods. This objective is only an indication of what the Fund aims to achieve over the long term and Fund may not be successful in meeting this objective.

What is the strategy for the Lucerne Alternative Investments 2 managed fund?

The strategy of the Lucerne Alternative Investments 2 managed fund is The Fund will invest in other funds. There are allocation limits placed on asset classes and strategies of the underlying funds. The Fund is also able to invest directly in primary and secondary market securities and derivatives.

What is the APIR code of the Lucerne Alternative Investments 2 managed fund?

The APIR code of the Lucerne Alternative Investments 2 managed fund is PIM1923AU.

What was Lucerne Alternative Investments 2’s total return last month?

Lucerne Alternative Investments 2’s total return last month was -0.88%. This was made up of a growth return of -0.88% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

What was Lucerne Alternative Investments 2’s total return for the last three months?

Lucerne Alternative Investments 2’s total return for the last three months was 0.85%. This was made up of a growth return of 0.85% and an income return of 0%%. These returns were calculated as at 28 Feb 2025.

What is Lucerne Alternative Investments 2’s one-year total return?

Lucerne Alternative Investments 2’s one-year total return is 5.76%. This was made up of a growth return of 4.36% and an income return of 1.4%. These returns were calculated as at 28 Feb 2025.

What is Lucerne Alternative Investments 2’s three-year total return?

Lucerne Alternative Investments 2’s one-year total return is 5.53%. This was made up of a growth return of -1.94% and an income return of 7.47%. These returns were calculated as at 28 Feb 2025.

What is the asset allocation of the Lucerne Alternative Investments 2 managed fund?

The asset allocation of the Lucerne Alternative Investments 2 managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Lucerne Alternative Investments 2 managed fund?

The Responsible Entity for the Lucerne Alternative Investments 2 managed fund is The Trust Company (RE Services) Limited.

What sector/asset class does the Lucerne Alternative Investments 2 managed fund belong to?

The Lucerne Alternative Investments 2 managed fund belongs to the Alternative - Multistrategy sector/asset class.

What is the size of the Lucerne Alternative Investments 2 managed fund?

As at 30 Jun 2024, the size of the Lucerne Alternative Investments 2 managed fund was $69.13 million.

What is the inception date of the Lucerne Alternative Investments 2 managed fund?

The Lucerne Alternative Investments 2 managed fund has an inception date of 30 Nov 2017.

What is the current entry price of the Lucerne Alternative Investments 2 managed fund?

The current entry price of the Lucerne Alternative Investments 2 managed fund is $1.2452 per unit and the current exit price is $1.2402 per unit (as at 28 Feb 2025).

What is the current exit price of the Lucerne Alternative Investments 2 managed fund?

The current exit price of the Lucerne Alternative Investments 2 managed fund is $1.2402 per unit and the current entry price is $1.2452 per unit (as at 28 Feb 2025).

What is the minimum investment amount for the Lucerne Alternative Investments 2 managed fund?

The minimum initial investment amount for the Lucerne Alternative Investments 2 managed fund is $25,000. Minimum additional investment is $25000.

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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