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  5. Select International Alpha Fund - Managed fund profile

Select International Alpha Fund - Managed Fund

Fund Objective
The Fund aims to deliver long-term capital growth by taking long and short positions primarily in equities or equity related derivative contracts of the broad technology sector.
Fund Strategy
The investment objective of the Fund is to achieve long-term capital appreciation. The Fund seeks to achieve this objective by taking long and short positions primarily in equities or equity related derivative contracts of a broad technology related sector. Access to this sector will initially, be gained by holding units in the GAM Star Alpha Technology Fund until such time that funds under management are sufficient to hold equity positions directly.

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 6.09% 4.44% 2.33% 14.42% 17.91% 0.68% 4.52% 5.63%
Growth return 6.09% 4.44% 2.33% 14.42% 17.77% -0.51% 3.77% -0.33%
Income return 0% 0% 0% 0% 0.14% 1.19% 0.75% 5.96%
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 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Select International Alpha Fund
International Equities
87.27%
Cash
54.92%
Fixed Interest
4.40%
Alternatives
-46.59%
Australian Equities
0%
Property
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Fixed Interest
0.11%
Alternatives
0.09%
Australian Equities
2.64%
Property
1.50%

General Information

Fund Details
Type Description
Select International Alpha Fund
K2 Asset Management Ltd
ETL0046AU
Equity World Long Short
starstarstar (as at 31 Oct 2024)
Investment Fund
31 Dec 2004
$12.5 million (as at 19 Nov 2024)
$154.86 (as at 20 Nov 2024)
$154.08 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 4.18% (as at 20 Nov 2023)
Indirect Cost Ratio (ICR) 3.62% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.05
Minimum initial investment $20,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Microsoft Corp Equity 9.98%
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FAQs about the Select International Alpha Fund

The objective of the Select International Alpha Fund managed fund is The Fund aims to deliver long-term capital growth by taking long and short positions primarily in equities or equity related derivative contracts of the broad technology sector.

The strategy of the Select International Alpha Fund managed fund is The investment objective of the Fund is to achieve long-term capital appreciation. The Fund seeks to achieve this objective by taking long and short positions primarily in equities or equity related derivative contracts of a broad technology related sector. Access to this sector will initially, be gained by holding units in the GAM Star Alpha Technology Fund until such time that funds under management are sufficient to hold equity positions directly.

The APIR code of the Select International Alpha Fund managed fund is ETL0046AU.

Select International Alpha Fund’s total return last month was 6.09%. This was made up of a growth return of 6.09% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Select International Alpha Fund’s total return for the last three months was 4.44%. This was made up of a growth return of 4.44% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Select International Alpha Fund’s one-year total return is 14.42%. This was made up of a growth return of 14.42% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Select International Alpha Fund’s one-year total return is 0.68%. This was made up of a growth return of -0.51% and an income return of 1.19%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Select International Alpha Fund managed fund is :

International Equities
87.27%
Cash
54.92%
Fixed Interest
4.40%
Alternatives
-46.59%
Australian Equities
0%
Property
0%

The Responsible Entity for the Select International Alpha Fund managed fund is K2 Asset Management Ltd.

The Select International Alpha Fund managed fund belongs to the Equity World Long Short sector/asset class.

As at 19 Nov 2024, the size of the Select International Alpha Fund managed fund was $12.5 million.

The Select International Alpha Fund managed fund has an inception date of 31 Dec 2004.

The current entry price of the Select International Alpha Fund managed fund is $154.86 per unit and the current exit price is $154.08 per unit (as at 20 Nov 2024).

The current exit price of the Select International Alpha Fund managed fund is $154.08 per unit and the current entry price is $154.86 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Select International Alpha 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.