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  5. Pzena Global Focused Value Retail - Managed fund profile

Pzena Global Focused Value Retail - Managed Fund

Fund Objective
The Fund aims to achieve long-term growth of capital by investing in a portfolio of global equities. The Fund seeks to provide 2-3% in excess return gross-of-fees over the Benchmark over a full market cycle.
Fund Strategy
The Investment Manager is a bottom-up, value-oriented equity manager that seeks to invest in good businesses at low prices, focusing exclusively on companies that are underperforming their historically demonstrated earnings power. To pursue its objective, the Investment Manager invests primarily in equity securities of issuers located in countries throughout the world including the United States. These securities may be listed or traded in the United States, on foreign stock exchanges or over the counter.

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 -0.33% 4.77% 0.2% 12.94% 20.46% 9.16% -% -%
Growth return 2.61% -0.68% 2.3% 18.66% 12.85% 6.97% -% -%
Income return -2.94% 5.45% -2.1% -5.72% 7.61% 2.19% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pzena Global Focused Value Retail
International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.09%
Australian Equities
2.65%
Cash
2.53%
Property
1.51%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
Pzena Global Focused Value Retail
Equity Trustees Ltd
ETL4336AU
Equity World Large Value
starstar (as at 30 Sep 2024)
Investment Fund
30 Jan 2020
$2.48 million (as at 30 Oct 2024)
$1.387 (as at 31 Oct 2024)
$1.3807 (as at 31 Oct 2024)
Open
Offer information
Type Description
MER 1.05% (as at 21 Jun 2024)
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Baxter International Inc Equity 2.91%
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FAQs about the Pzena Global Focused Value Retail

The objective of the Pzena Global Focused Value Retail managed fund is The Fund aims to achieve long-term growth of capital by investing in a portfolio of global equities. The Fund seeks to provide 2-3% in excess return gross-of-fees over the Benchmark over a full market cycle.

The strategy of the Pzena Global Focused Value Retail managed fund is The Investment Manager is a bottom-up, value-oriented equity manager that seeks to invest in good businesses at low prices, focusing exclusively on companies that are underperforming their historically demonstrated earnings power. To pursue its objective, the Investment Manager invests primarily in equity securities of issuers located in countries throughout the world including the United States. These securities may be listed or traded in the United States, on foreign stock exchanges or over the counter.

The APIR code of the Pzena Global Focused Value Retail managed fund is ETL4336AU.

Pzena Global Focused Value Retail’s total return last month was -0.33%. This was made up of a growth return of 2.61% and an income return of -2.94%. These returns were calculated as at 30 Sep 2024.

Pzena Global Focused Value Retail’s total return for the last three months was 4.77%. This was made up of a growth return of -0.68% and an income return of 5.45%%. These returns were calculated as at 30 Sep 2024.

Pzena Global Focused Value Retail’s one-year total return is 12.94%. This was made up of a growth return of 18.66% and an income return of -5.72%. These returns were calculated as at 30 Sep 2024.

Pzena Global Focused Value Retail’s one-year total return is 9.16%. This was made up of a growth return of 6.97% and an income return of 2.19%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the Pzena Global Focused Value Retail managed fund is :

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

The Responsible Entity for the Pzena Global Focused Value Retail managed fund is Equity Trustees Ltd.

The Pzena Global Focused Value Retail managed fund belongs to the Equity World Large Value sector/asset class.

As at 30 Oct 2024, the size of the Pzena Global Focused Value Retail managed fund was $2.48 million.

The Pzena Global Focused Value Retail managed fund has an inception date of 30 Jan 2020.

The current entry price of the Pzena Global Focused Value Retail managed fund is $1.387 per unit and the current exit price is $1.3807 per unit (as at 31 Oct 2024).

The current exit price of the Pzena Global Focused Value Retail managed fund is $1.3807 per unit and the current entry price is $1.387 per unit (as at 31 Oct 2024).

The minimum initial investment amount for the Pzena Global Focused Value Retail managed fund is $20,000. Minimum additional investment is $1000.

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.