Alceon High Conviction Absolute Return A - Managed Fund

Fund Objective

To generate strong positive returns through the cycle in excess of the Hurdle Rate, with low correlation to general equity market indices.

Fund Strategy

Long/Short equities, focusing on investments in Australia.

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

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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	-0.05%	-1.01%	-0.86%	4.6%	9.61%	-8.28%	6.85%	-%
Growth return	-0.05%	-1.01%	-0.86%	4.6%	9.61%	-9.99%	0.23%	-%
Income return	0%	0%	0%	0%	0%	1.71%	6.62%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	-2.66%	-3.05%	3.77%	5.47%	14.09%	9.71%	9.87%	9.46%

As at 31 Dec 2024. 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: -0.05%

Australian Equities: 95.33%

International Equities: 4.37%

Cash: -0.54%

Property & Infrastructure: 1.39%

Fixed Interest: -0.49%

General Information

Fund Details

Type	Description
Fund Name	Alceon High Conviction Absolute Return A (Wholesale)
APIR Code	ALC9900AU
Sector/Asset Class	Equity Australia Long Short
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	1 Dec 2017
Fund Size	n/a
Entry Price	$1.23558 (as at 31 Dec 2024)
Exit Price	$1.23249 (as at 31 Dec 2024)
Fund Status	Open

Offer information

Type	Description
MER	2.42% (as at 1 Sep 2023)
Indirect Cost Ratio (ICR)	0.02% (as at 30 Jun 2022)
Performance fee (not included in ICR)	0
Minimum initial investment	$100,000
Minimum additional investments	$50,000

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FAQs about the Alceon High Conviction Absolute Return A

What is the objective of the Alceon High Conviction Absolute Return A managed fund?

The objective of the Alceon High Conviction Absolute Return A managed fund is To generate strong positive returns through the cycle in excess of the Hurdle Rate, with low correlation to general equity market indices.

What is the strategy for the Alceon High Conviction Absolute Return A managed fund?

The strategy of the Alceon High Conviction Absolute Return A managed fund is Long/Short equities, focusing on investments in Australia.

What is the APIR code of the Alceon High Conviction Absolute Return A managed fund?

The APIR code of the Alceon High Conviction Absolute Return A managed fund is ALC9900AU.

What was Alceon High Conviction Absolute Return A’s total return last month?

Alceon High Conviction Absolute Return A’s total return last month was -0.05%. This was made up of a growth return of -0.05% and an income return of 0%. These returns were calculated as at 31 Dec 2024.

What was Alceon High Conviction Absolute Return A’s total return for the last three months?

Alceon High Conviction Absolute Return A’s total return for the last three months was -1.01%. This was made up of a growth return of -1.01% and an income return of 0%%. These returns were calculated as at 31 Dec 2024.

What is Alceon High Conviction Absolute Return A’s one-year total return?

Alceon High Conviction Absolute Return A’s one-year total return is 4.6%. This was made up of a growth return of 4.6% and an income return of 0%. These returns were calculated as at 31 Dec 2024.

What is Alceon High Conviction Absolute Return A’s three-year total return?

Alceon High Conviction Absolute Return A’s one-year total return is -8.28%. This was made up of a growth return of -9.99% and an income return of 1.71%. These returns were calculated as at 31 Dec 2024.

What is the asset allocation of the Alceon High Conviction Absolute Return A managed fund?

The asset allocation of the Alceon High Conviction Absolute Return A 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 Alceon High Conviction Absolute Return A managed fund belong to?

The Alceon High Conviction Absolute Return A managed fund belongs to the Equity Australia Long Short sector/asset class.

What is the size of the Alceon High Conviction Absolute Return A managed fund?

As at , the size of the Alceon High Conviction Absolute Return A managed fund was $ million.

What is the inception date of the Alceon High Conviction Absolute Return A managed fund?

The Alceon High Conviction Absolute Return A managed fund has an inception date of 1 Dec 2017.

What is the current entry price of the Alceon High Conviction Absolute Return A managed fund?

The current entry price of the Alceon High Conviction Absolute Return A managed fund is $1.23558 per unit and the current exit price is $1.23249 per unit (as at 31 Dec 2024).

What is the current exit price of the Alceon High Conviction Absolute Return A managed fund?

The current exit price of the Alceon High Conviction Absolute Return A managed fund is $1.23249 per unit and the current entry price is $1.23558 per unit (as at 31 Dec 2024).

What is the minimum investment amount for the Alceon High Conviction Absolute Return A managed fund?

The minimum initial investment amount for the Alceon High Conviction Absolute Return A managed fund is $100,000. 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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