Acadian Wholesale Australian Equity Long Short - Managed Fund

Fund Performance Comparison

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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

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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 1.95 3.41 14.02 14.73 14.15 12.68 10.17 8.58
Growth return 1.95 3.41 11.77 9.78 9.68 8.09 5.34 3.64
Income return 0 0 2.25 4.95 4.47 4.59 4.83 4.94
Market index (S&P/ASX 200 TR AUD)
Total return 1.84 2.37 - 12.47 13.21 11.88 9.5 8.15
As as 30 Sep 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Acadian Wholesale Australian Equity Long Short
Australian Equities
99.39%
Cash
0.61%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
92.91%
Cash
3.13%
International Equities
0.70%
Property
3.20%
Fixed Interest
0.05%
Alternatives
0.02%

General Information

Fund Details
Type Description
Acadian Wholesale Australian Equity Long Short
Colonial First State Investments Limited
FSF0789AU
Equity Australia Large Blend
starstarstarstar (as at 30 Sep 2019)
Investment Fund
27 Feb 2006
$23.72 million (as at 30 Sep 2019)
$1.3589 (as at 10 Oct 2019)
$1.3522 (as at 10 Oct 2019)
Fund Objective
To maximise risk-adjusted, long-term returns by investing in undervalued stocks and short selling overvalued stocks listed on the Australian Securities Exchange while carefully controlling portfolio risk and transaction costs. The fund aims to outperform the S&P/ASX 300 Accumulation Index over rolling four year periods before fees and taxes.
Fund Strategy
Acadian's investment approach employs structured stock and industry valuation models, which are designed to capture a broad range of relevant characteristics such as value, earnings growth and price-related factors. Stocks that Acadian believes are undervalued will be purchased and overvalued stocks will be selectively short sold. The fund will generally maintain a gross long exposure of 130% and a gross short exposure of 30% (130/30), with an upper limit of 150/50. The option does not hedge currency risk.
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.11% (as at 30 Jun 2019) (Estimated)
Minimum initial investment $25,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2019)

Holding (as at 30 Jun 2019) Type % of Portfolio
Commonwealth Bank of Australia Equity 7.04%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%