Allan Gray Australia Equity B - Managed Fund

Fund Objective

The fund seeks long-term returns that are higher than the Benchmark.

Fund Strategy

The Fund employs the Allan Gray investment philosophy to search for ASX investments based on defined investment restrictions.

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.

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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	1.89%	7.22%	6.58%	10.66%	11.64%	11.33%	14.44%	11.71%
Growth return	1.89%	-6.69%	-7.24%	-3.69%	0.14%	0.32%	4.7%	3.67%
Income return	0%	13.91%	13.82%	14.35%	11.5%	11.01%	9.74%	8.04%
Market index (S&P/ASX 200 TR AUD)
Total return	3.1%	7.03%	11.65%	14.74%	14.82%	13.04%	12.32%	9.87%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Allan Gray Australia Equity B

Australian Equities: 94.16%

Cash: 5.84%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.72%

Cash: -0.78%

International Equities: 4.82%

Property & Infrastructure: 1.41%

Fixed Interest: 0.26%

Alternatives: 0.58%

General Information

Fund Details

Type	Description
Fund Name	Allan Gray Australia Equity B
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL0349AU
Sector/Asset Class	Equity Australia Large Value
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	26 Oct 2012
Fund Size	$487 million (as at 31 Aug 2025)
Entry Price	$1.5986 (as at 18 Sep 2025)
Exit Price	$1.5922 (as at 18 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.21% (as at 16 Jun 2025)
Indirect Cost Ratio (ICR)	0% (as at 30 Jun 2024)
Performance fee (not included in ICR)	0
Minimum initial investment	$10,000.00
Minimum additional investments	$1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024)	Type	% of Portfolio
Alumina Ltd	Equity	7.41%
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FAQs about the Allan Gray Australia Equity B

What is the objective of the Allan Gray Australia Equity B managed fund?

The objective of the Allan Gray Australia Equity B managed fund is The fund seeks long-term returns that are higher than the Benchmark.

What is the strategy for the Allan Gray Australia Equity B managed fund?

The strategy of the Allan Gray Australia Equity B managed fund is The Fund employs the Allan Gray investment philosophy to search for ASX investments based on defined investment restrictions.

What is the APIR code of the Allan Gray Australia Equity B managed fund?

The APIR code of the Allan Gray Australia Equity B managed fund is ETL0349AU.

What was Allan Gray Australia Equity B’s total return last month?

Allan Gray Australia Equity B’s total return last month was 1.89%. This was made up of a growth return of 1.89% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was Allan Gray Australia Equity B’s total return for the last three months?

Allan Gray Australia Equity B’s total return for the last three months was 7.22%. This was made up of a growth return of -6.69% and an income return of 13.91%%. These returns were calculated as at 31 Aug 2025.

What is Allan Gray Australia Equity B’s one-year total return?

Allan Gray Australia Equity B’s one-year total return is 10.66%. This was made up of a growth return of -3.69% and an income return of 14.35%. These returns were calculated as at 31 Aug 2025.

What is Allan Gray Australia Equity B’s three-year total return?

Allan Gray Australia Equity B’s one-year total return is 11.33%. This was made up of a growth return of 0.32% and an income return of 11.01%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Allan Gray Australia Equity B managed fund?

The asset allocation of the Allan Gray Australia Equity B managed fund is :

Australian Equities: 94.16%

Cash: 5.84%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Allan Gray Australia Equity B managed fund?

The Responsible Entity for the Allan Gray Australia Equity B managed fund is Equity Trustees Ltd.

What sector/asset class does the Allan Gray Australia Equity B managed fund belong to?

The Allan Gray Australia Equity B managed fund belongs to the Equity Australia Large Value sector/asset class.

What is the size of the Allan Gray Australia Equity B managed fund?

As at 31 Aug 2025, the size of the Allan Gray Australia Equity B managed fund was $487 million.

What is the inception date of the Allan Gray Australia Equity B managed fund?

The Allan Gray Australia Equity B managed fund has an inception date of 26 Oct 2012.

What is the current entry price of the Allan Gray Australia Equity B managed fund?

The current entry price of the Allan Gray Australia Equity B managed fund is $1.5986 per unit and the current exit price is $1.5922 per unit (as at 18 Sep 2025).

What is the current exit price of the Allan Gray Australia Equity B managed fund?

The current exit price of the Allan Gray Australia Equity B managed fund is $1.5922 per unit and the current entry price is $1.5986 per unit (as at 18 Sep 2025).

What is the minimum investment amount for the Allan Gray Australia Equity B managed fund?

The minimum initial investment amount for the Allan Gray Australia Equity B managed fund is $10,000. Minimum additional investment is $1000.

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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