InvestSMART

StepStone Private Vntr & Growth (AUS) D AUD - Managed Fund

Fund Objective
The Underlying Fund applies an investment strategy of: a. allocating the assets of the Underlying Fund among venture capital and growth equity investments via secondary market transactions, direct investments in operating companies and, to a lesser extent, investments in “seasoned” primary funds ; b. seeking to manage the Fund’s and Underlying Fund’s investment level and liquidity using a commitment strategy which will balance total returns with liquidity targets.
Fund Strategy
The Underlying Fund applies an investment strategy of: a. allocating the assets of the Underlying Fund among venture capital and growth equity investments via secondary market transactions, direct investments in operating companies and, to a lesser extent, investments in “seasoned” primary funds ; b. seeking to manage the Fund’s and Underlying Fund’s investment level and liquidity using a commitment strategy which will balance total returns with liquidity targets.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 5.11% 12.92% 19.13% 27.35% -% -% -% -%
Growth return 5.25% 13.34% 19.58% 27.83% -% -% -% -%
Income return -0.14% -0.42% -0.45% -0.48% -% -% -% -%
Market index (MSCI World NR AUD)
Total return -0.86% 2.48% 8.71% 12.43% 21.26% 21.85% 15.47% 13.15%
As at 31 Dec 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
41.82%
Australian Equities
29.62%
International Equities
14.69%
Cash
9.70%
Property & Infrastructure
0.66%
Fixed Interest
3.51%

General Information

Fund Details
Type Description
StepStone Private Vntr & Growth (AUS) D AUD
PIM7240AU
Alternative - Private Equity
Not Rated
Investment Fund
31 Jan 2024
$673723142 million (as at 31 Dec 2025)
$38.3333 (as at 31 Dec 2025)
$38.3333 (as at 31 Dec 2025)
Open
Offer information
Type Description
MER 1.50% (as at 1 Jun 2025)
Indirect Cost Ratio (ICR) 8.20% (as at 31 Dec 2024)
Performance fee (not included in ICR) 4.82
Minimum initial investment $50,000
Minimum additional investments $10,000.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the StepStone Private Vntr & Growth (AUS) D AUD

The objective of the StepStone Private Vntr & Growth (AUS) D AUD managed fund is The Underlying Fund applies an investment strategy of: a. allocating the assets of the Underlying Fund among venture capital and growth equity investments via secondary market transactions, direct investments in operating companies and, to a lesser extent, investments in “seasoned” primary funds ; b. seeking to manage the Fund’s and Underlying Fund’s investment level and liquidity using a commitment strategy which will balance total returns with liquidity targets.

The strategy of the StepStone Private Vntr & Growth (AUS) D AUD managed fund is The Underlying Fund applies an investment strategy of: a. allocating the assets of the Underlying Fund among venture capital and growth equity investments via secondary market transactions, direct investments in operating companies and, to a lesser extent, investments in “seasoned” primary funds ; b. seeking to manage the Fund’s and Underlying Fund’s investment level and liquidity using a commitment strategy which will balance total returns with liquidity targets.

The APIR code of the StepStone Private Vntr & Growth (AUS) D AUD managed fund is PIM7240AU.

StepStone Private Vntr & Growth (AUS) D AUD’s total return last month was 5.11%. This was made up of a growth return of 5.25% and an income return of -0.14%. These returns were calculated as at 31 Dec 2025.

StepStone Private Vntr & Growth (AUS) D AUD’s total return for the last three months was 12.92%. This was made up of a growth return of 13.34% and an income return of -0.42%%. These returns were calculated as at 31 Dec 2025.

StepStone Private Vntr & Growth (AUS) D AUD’s one-year total return is 27.35%. This was made up of a growth return of 27.83% and an income return of -0.48%. These returns were calculated as at 31 Dec 2025.

StepStone Private Vntr & Growth (AUS) D AUD’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2025.

The asset allocation of the StepStone Private Vntr & Growth (AUS) D AUD managed fund is :

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

The StepStone Private Vntr & Growth (AUS) D AUD managed fund belongs to the Alternative - Private Equity sector/asset class.

As at 31 Dec 2025, the size of the StepStone Private Vntr & Growth (AUS) D AUD managed fund was $673723142 million.

The StepStone Private Vntr & Growth (AUS) D AUD managed fund has an inception date of 31 Jan 2024.

The current entry price of the StepStone Private Vntr & Growth (AUS) D AUD managed fund is $38.3333 per unit and the current exit price is $38.3333 per unit (as at 31 Dec 2025).

The current exit price of the StepStone Private Vntr & Growth (AUS) D AUD managed fund is $38.3333 per unit and the current entry price is $38.3333 per unit (as at 31 Dec 2025).

The minimum initial investment amount for the StepStone Private Vntr & Growth (AUS) D AUD managed fund is $50,000. 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.