The Level 18 Platform Class - Managed Fund

Fund Objective

The Fund's strategy is indifferent to the constraints of any benchmark and has an absolute return focus which may require short-selling and the use of derivative instruments and other hedging techniques to pursue optimisation of investment returns whilst attempting to preserve capital. Cash may be held for indefinite periods if there is a lack of suitable investment opportunities.

Fund Strategy

Fund Performance Comparison

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Peers

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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

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.07%	-0.56%	7.76%	12.16%	17.71%	13.68%	11.51%	-%
Growth return	-0.76%	2.33%	11.49%	-0.35%	5.29%	5.83%	0.53%	-%
Income return	0.83%	-2.89%	-3.73%	12.51%	12.42%	7.85%	10.98%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	1.78%	0.36%	3.06%	7.37%	11.2%	9.81%	10.21%	10.12%

As at 31 Jan 2026. 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: -0.02%

Australian Equities: 95.80%

International Equities: 4.26%

Cash: -1.03%

Property & Infrastructure: 1.32%

Fixed Interest: -0.33%

General Information

Fund Details

Type	Description
Fund Name	The Level 18 Platform Class
APIR Code	CAP1398AU
Sector/Asset Class	Equity Australia Long Short
Morningstar Rating	(as at 31 Jan 2026)
Legal Structure	Investment Fund
Fund Inception	30 Jun 2017
Fund Size	n/a
Entry Price	$1.157 (as at 31 Jan 2026)
Exit Price	$1.157 (as at 31 Jan 2026)
Fund Status	Open

Offer information

Type	Description
MER	1.25% (as at 15 Jan 2024)
Minimum initial investment	$500,000
Minimum additional investments	$50,000

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FAQs about the The Level 18 Platform Class

What is the objective of the The Level 18 Platform Class managed fund?

The objective of the The Level 18 Platform Class managed fund is The Fund's strategy is indifferent to the constraints of any benchmark and has an absolute return focus which may require short-selling and the use of derivative instruments and other hedging techniques to pursue optimisation of investment returns whilst attempting to preserve capital. Cash may be held for indefinite periods if there is a lack of suitable investment opportunities.

What is the strategy for the The Level 18 Platform Class managed fund?

The strategy of the The Level 18 Platform Class managed fund is The Fund's strategy is indifferent to the constraints of any benchmark and has an absolute return focus which may require short-selling and the use of derivative instruments and other hedging techniques to pursue optimisation of investment returns whilst attempting to preserve capital. Cash may be held for indefinite periods if there is a lack of suitable investment opportunities.

What is the APIR code of the The Level 18 Platform Class managed fund?

The APIR code of the The Level 18 Platform Class managed fund is CAP1398AU.

What was The Level 18 Platform Class’s total return last month?

The Level 18 Platform Class’s total return last month was 0.07%. This was made up of a growth return of -0.76% and an income return of 0.83%. These returns were calculated as at 31 Jan 2026.

What was The Level 18 Platform Class’s total return for the last three months?

The Level 18 Platform Class’s total return for the last three months was -0.56%. This was made up of a growth return of 2.33% and an income return of -2.89%%. These returns were calculated as at 31 Jan 2026.

What is The Level 18 Platform Class’s one-year total return?

The Level 18 Platform Class’s one-year total return is 12.16%. This was made up of a growth return of -0.35% and an income return of 12.51%. These returns were calculated as at 31 Jan 2026.

What is The Level 18 Platform Class’s three-year total return?

The Level 18 Platform Class’s one-year total return is 13.68%. This was made up of a growth return of 5.83% and an income return of 7.85%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the The Level 18 Platform Class managed fund?

The asset allocation of the The Level 18 Platform Class managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

What sector/asset class does the The Level 18 Platform Class managed fund belong to?

The The Level 18 Platform Class managed fund belongs to the Equity Australia Long Short sector/asset class.

What is the size of the The Level 18 Platform Class managed fund?

As at , the size of the The Level 18 Platform Class managed fund was $ million.

What is the inception date of the The Level 18 Platform Class managed fund?

The The Level 18 Platform Class managed fund has an inception date of 30 Jun 2017.

What is the current entry price of the The Level 18 Platform Class managed fund?

The current entry price of the The Level 18 Platform Class managed fund is $1.157 per unit and the current exit price is $1.157 per unit (as at 31 Jan 2026).

What is the current exit price of the The Level 18 Platform Class managed fund?

The current exit price of the The Level 18 Platform Class managed fund is $1.157 per unit and the current entry price is $1.157 per unit (as at 31 Jan 2026).

What is the minimum investment amount for the The Level 18 Platform Class managed fund?

The minimum initial investment amount for the The Level 18 Platform Class managed fund is $500,000. Minimum additional investment is $50000.

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.

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