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Acadian Diversified Alpha A - Managed Fund (Closed)

Fund Objective
To provide absolute returns in excess of the RBA cash rate before fees and taxes over rolling three-year periods. This will be achieved by investing in fundamentally attractive, lower risk global stocks and short selling fundamentally unattractive, higher risk stocks while carefully controlling portfolio risk and transaction costs. Sophisticated portfolio construction techniques will be used to implement this to limit net equity market exposure.
Fund Strategy
The fund targets being neutral to equity market movements but can have a maximum long exposure of 200% and a maximum short equity exposure of 140%. The fund will generally hold lower risk, fundamentally attractive companies and short (selling) higher risk, fundamentally unattractive companies. The fund aims to hedge currency risk.

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 -11% -18.06% -22.9% -24.94% -12.14% -8.65% -% -%
Growth return -11% -18.06% -22.9% -24.94% -15.34% -10.89% -% -%
Income return 0% 0% 0% 0% 3.2% 2.24% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 31 Mar 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Acadian Diversified Alpha A
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
20.74%
Australian Equities
3.95%
International Equities
6.73%
Cash
45.92%
Property & Infrastructure
1.87%
Fixed Interest
20.79%

General Information

Fund Details
Type Description
Acadian Diversified Alpha A
Closed
Colonial First State Investments Limited
FSF1811AU
Alternative - Other
Not Rated
Investment Fund
18 Aug 2016
$0.9 million (as at 31 Mar 2020)
$0.6641 (as at 15 Apr 2020)
$0.6635 (as at 15 Apr 2020)
Finalised
Offer information
Type Description
MER 1.33% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR) 1.33% (as at 30 Jun 2025)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2019)

Holding (as at 31 Dec 2019) Type % of Portfolio
JD Sports Fashion PLC Equity 1.28%
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FAQs about the Acadian Diversified Alpha A

The objective of the Acadian Diversified Alpha A managed fund is To provide absolute returns in excess of the RBA cash rate before fees and taxes over rolling three-year periods. This will be achieved by investing in fundamentally attractive, lower risk global stocks and short selling fundamentally unattractive, higher risk stocks while carefully controlling portfolio risk and transaction costs. Sophisticated portfolio construction techniques will be used to implement this to limit net equity market exposure.

The strategy of the Acadian Diversified Alpha A managed fund is The fund targets being neutral to equity market movements but can have a maximum long exposure of 200% and a maximum short equity exposure of 140%. The fund will generally hold lower risk, fundamentally attractive companies and short (selling) higher risk, fundamentally unattractive companies. The fund aims to hedge currency risk.

The APIR code of the Acadian Diversified Alpha A managed fund is FSF1811AU.

Acadian Diversified Alpha A’s total return last month was -11%. This was made up of a growth return of -11% and an income return of 0%. These returns were calculated as at 31 Mar 2020.

Acadian Diversified Alpha A’s total return for the last three months was -18.06%. This was made up of a growth return of -18.06% and an income return of 0%%. These returns were calculated as at 31 Mar 2020.

Acadian Diversified Alpha A’s one-year total return is -24.94%. This was made up of a growth return of -24.94% and an income return of 0%. These returns were calculated as at 31 Mar 2020.

Acadian Diversified Alpha A’s one-year total return is -8.65%. This was made up of a growth return of -10.89% and an income return of 2.24%. These returns were calculated as at 31 Mar 2020.

The asset allocation of the Acadian Diversified Alpha A managed fund is :

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

The Responsible Entity for the Acadian Diversified Alpha A managed fund is Colonial First State Investments Limited.

The Acadian Diversified Alpha A managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Mar 2020, the size of the Acadian Diversified Alpha A managed fund was $0.9 million.

The Acadian Diversified Alpha A managed fund has an inception date of 18 Aug 2016.

The current entry price of the Acadian Diversified Alpha A managed fund is $0.6641 per unit and the current exit price is $0.6635 per unit (as at 15 Apr 2020).

The current exit price of the Acadian Diversified Alpha A managed fund is $0.6635 per unit and the current entry price is $0.6641 per unit (as at 15 Apr 2020).

The minimum initial investment amount for the Acadian Diversified Alpha A managed fund is $25,000. Minimum additional investment is $0.

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.