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  5. Paradice Australian Equities Fund - Managed fund profile

Paradice Australian Equities Fund - Managed Fund

Fund Objective
The Fund aims to outperform the S&P/ASX 200 Accumulation Index (after fees and before taxes) over rolling three to five year periods.
Fund Strategy
To achieve the investment objective, the Fund will invest in securities that are listed on the Australian and New Zealand stock exchanges. The Fund has the following investment restrictions: the Fund will hold between 30 to 70 securities, the Fund will not hold more than 10% of the capital of a company, and maximum cash will be 10% of the Fund. Although this may be exceeded during periods of large cash inflows until such times as the monies are fully invested.

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 0.22% -0.72% 5.72% 11.6% 12.99% 8.4% 8.19% -%
Growth return -1.74% -2.67% 3.65% 7.29% 7.23% 2.28% 3.53% -%
Income return 1.96% 1.95% 2.07% 4.31% 5.76% 6.12% 4.66% -%
Market index (S&P/ASX 200 TR AUD )
Total return 1.01% -1.05% 4.22% 12.1% 13.43% 6.37% 7.26% 8.06%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Paradice Australian Equities Fund
Australian Equities
97.46%
Cash
2.54%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
92.06%
Cash
0.32%
International Equities
4.24%
Property
2.95%
Fixed Interest
0.41%
Alternatives
0.02%

General Information

Fund Details
Type Description
Paradice Australian Equities Fund
Equity Trustees Ltd
ETL8084AU
Equity Australia Large Blend
starstarstarstar (as at 30 Jun 2024)
Investment Fund
1 Aug 2017
$104.1 million (as at 30 Jun 2024)
$1.422 (as at 19 Jul 2024)
$1.4164 (as at 19 Jul 2024)
Open
Offer information
Type Description
MER 1.03% (as at 19 Apr 2024)
Indirect Cost Ratio (ICR) 1.03% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.28
Minimum initial investment $20,000
Minimum additional investments $10,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 May 2024)

Holding (as at 31 May 2024) Type % of Portfolio
BHP Group Ltd Equity 10.81%
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FAQs about the Paradice Australian Equities Fund

The objective of the Paradice Australian Equities Fund managed fund is The Fund aims to outperform the S&P/ASX 200 Accumulation Index (after fees and before taxes) over rolling three to five year periods.

The strategy of the Paradice Australian Equities Fund managed fund is To achieve the investment objective, the Fund will invest in securities that are listed on the Australian and New Zealand stock exchanges. The Fund has the following investment restrictions: the Fund will hold between 30 to 70 securities, the Fund will not hold more than 10% of the capital of a company, and maximum cash will be 10% of the Fund. Although this may be exceeded during periods of large cash inflows until such times as the monies are fully invested.

The APIR code of the Paradice Australian Equities Fund managed fund is ETL8084AU.

Paradice Australian Equities Fund’s total return last month was 0.22%. This was made up of a growth return of -1.74% and an income return of 1.96%. These returns were calculated as at 30 Jun 2024.

Paradice Australian Equities Fund’s total return for the last three months was -0.72%. This was made up of a growth return of -2.67% and an income return of 1.95%%. These returns were calculated as at 30 Jun 2024.

Paradice Australian Equities Fund’s one-year total return is 11.6%. This was made up of a growth return of 7.29% and an income return of 4.31%. These returns were calculated as at 30 Jun 2024.

Paradice Australian Equities Fund’s one-year total return is 8.4%. This was made up of a growth return of 2.28% and an income return of 6.12%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the Paradice Australian Equities Fund managed fund is :

Australian Equities
97.46%
Cash
2.54%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Paradice Australian Equities Fund managed fund is Equity Trustees Ltd.

The Paradice Australian Equities Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Jun 2024, the size of the Paradice Australian Equities Fund managed fund was $104.1 million.

The Paradice Australian Equities Fund managed fund has an inception date of 1 Aug 2017.

The current entry price of the Paradice Australian Equities Fund managed fund is $1.422 per unit and the current exit price is $1.4164 per unit (as at 19 Jul 2024).

The current exit price of the Paradice Australian Equities Fund managed fund is $1.4164 per unit and the current entry price is $1.422 per unit (as at 19 Jul 2024).

The minimum initial investment amount for the Paradice Australian Equities Fund managed fund is $20,000. Minimum additional investment is $10000.

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.