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  5. P/E Global FX Alpha Fund - Managed fund profile

P/E Global FX Alpha Fund - Managed Fund

Fund Objective
The Fund aims to generate long-term total returns by investing in exchange-traded futures providing exposure to currencies and gold. The Fund holds both long and short positions in futures. The Fund also holds cash and cash equivalents.
Fund Strategy
The Fund aims to generate long-term total returns by investing in exchange-traded futures providing exposure to currencies and gold. The Fund holds both long and short positions in futures. The Fund also holds cash and cash equivalents. The investment process involves the use of a disciplined and dynamic quantitative model to determine the positions held by the Fund. The model relies on statistical analysis to forecast returns and volatilities for currencies and gold based on underlying fundamental factors identified by P/E Global.

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 11.06% -0.04% -3.07% -0.85% 1.54% 14% 7.24% -%
Growth return 11.06% -0.04% -12.32% -12.82% -8.7% 4.85% 1.4% -%
Income return 0% 0% 9.25% 11.97% 10.24% 9.15% 5.84% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.36% 1.08% 2.16% 4.33% 3.94% 2.83% -% -%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

P/E Global FX Alpha Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
31.55%
Australian Equities
0.05%
International Equities
13.50%
Fixed Interest
8.32%
Alternatives
46.58%

General Information

Fund Details
Type Description
P/E Global FX Alpha Fund
Macquarie Investment Management Aus Ltd.
MAQ5143AU
Alternative - Macro Trading
starstarstarstar (as at 31 Oct 2024)
Investment Fund
28 Apr 2017
$193.74 million (as at 31 Oct 2024)
$1.1862 (as at 19 Nov 2024)
$1.186 (as at 19 Nov 2024)
Open
Offer information
Type Description
MER 3.70% (as at 8 Jul 2024)
Indirect Cost Ratio (ICR) 4.11% (as at 30 Jun 2023)
Performance fee (not included in ICR) 2.23
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2022)

Holding (as at 31 Dec 2022) Type % of Portfolio
Prologis Inc Equity - REIT 5.92%
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FAQs about the P/E Global FX Alpha Fund

The objective of the P/E Global FX Alpha Fund managed fund is The Fund aims to generate long-term total returns by investing in exchange-traded futures providing exposure to currencies and gold. The Fund holds both long and short positions in futures. The Fund also holds cash and cash equivalents.

The strategy of the P/E Global FX Alpha Fund managed fund is The Fund aims to generate long-term total returns by investing in exchange-traded futures providing exposure to currencies and gold. The Fund holds both long and short positions in futures. The Fund also holds cash and cash equivalents. The investment process involves the use of a disciplined and dynamic quantitative model to determine the positions held by the Fund. The model relies on statistical analysis to forecast returns and volatilities for currencies and gold based on underlying fundamental factors identified by P/E Global.

The APIR code of the P/E Global FX Alpha Fund managed fund is MAQ5143AU.

P/E Global FX Alpha Fund’s total return last month was 11.06%. This was made up of a growth return of 11.06% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

P/E Global FX Alpha Fund’s total return for the last three months was -0.04%. This was made up of a growth return of -0.04% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

P/E Global FX Alpha Fund’s one-year total return is -0.85%. This was made up of a growth return of -12.82% and an income return of 11.97%. These returns were calculated as at 31 Oct 2024.

P/E Global FX Alpha Fund’s one-year total return is 14%. This was made up of a growth return of 4.85% and an income return of 9.15%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the P/E Global FX Alpha Fund managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the P/E Global FX Alpha Fund managed fund is Macquarie Investment Management Aus Ltd..

The P/E Global FX Alpha Fund managed fund belongs to the Alternative - Macro Trading sector/asset class.

As at 31 Oct 2024, the size of the P/E Global FX Alpha Fund managed fund was $193.74 million.

The P/E Global FX Alpha Fund managed fund has an inception date of 28 Apr 2017.

The current entry price of the P/E Global FX Alpha Fund managed fund is $1.1862 per unit and the current exit price is $1.186 per unit (as at 19 Nov 2024).

The current exit price of the P/E Global FX Alpha Fund managed fund is $1.186 per unit and the current entry price is $1.1862 per unit (as at 19 Nov 2024).

The minimum initial investment amount for the P/E Global FX Alpha Fund managed fund is $20,000. Minimum additional investment is $0.

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.