InvestSMART

Allard Investment Fund A - Managed Fund

Fund Objective
BIG PICTURE: Asia focused with high confidence in China and India. SECTOR: Identify industries with favorable operating environments and attractive long-term growth prospects. COMPANY: At the heart of what we do is a methodical process of “bottom up” company investing. We look for companies with 1) Defined competitive advantage (scale, brand, quality, cost structure, technology); 2) Sound finances; 3) Strong management; 4) Robust corporate governance. MEET, GREET, REPEAT: We are on-the-ground, visiting management, operations as well as competitors in the market. We have often met successive management teams. CONVICTION: Derive a Conviction Ratio by factoring in 1) Management ability; 2) Governance structure; 3) Competitive position; 4) Importance of business to its community; 5) Capital structure; 6) Optionality. VALUATION: We examine historical performance and apply judgment to a long term DCF and build a valuation range (not a single number). PORTFOLIO: Position sized by combining discount to valuation and conviction ratio. Exposure limits apply. Typically 25-30 companies from an active universe of 75. LONG TERM NOT STATIC: Dynamic and regular review. Continuous search for new opportunities.
Fund Strategy
BIG PICTURE: Asia focused with high confidence in China and India. SECTOR: Identify industries with favorable operating environments and attractive long-term growth prospects. COMPANY: At the heart of what we do is a methodical process of “bottom up” company investing. We look for companies with 1) Defined competitive advantage (scale, brand, quality, cost structure, technology); 2) Sound finances; 3) Strong management; 4) Robust corporate governance. MEET, GREET, REPEAT: We are on-the-ground, visiting management, operations as well as competitors in the market. We have often met successive management teams. CONVICTION: Derive a Conviction Ratio by factoring in 1) Management ability; 2) Governance structure; 3) Competitive position; 4) Importance of business to its community; 5) Capital structure; 6) Optionality. VALUATION: We examine historical performance and apply judgment to a long term DCF and build a valuation range (not a single number). PORTFOLIO: Position sized by combining discount to valuation and conviction ratio. Exposure limits apply. Typically 25-30 companies from an active universe of 75. LONG TERM NOT STATIC: Dynamic and regular review. Continuous search for new opportunities.

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 -1.67% -3.42% 4.02% 13.06% 18.16% 9.48% 6.67% 6.99%
Growth return 166.83% 166.83% 166.83% 166.83% 63.35% 38.7% 21.69% 10.31%
Income return -168.5% -170.25% -162.81% -153.77% -45.19% -29.22% -15.02% -3.32%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.31% 0.92% 1.82% 3.77% 4.09% 4.08% 2.82% 2.12%
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
18.69%
Australian Equities
4.75%
International Equities
3.24%
Cash
55.40%
Property & Infrastructure
2%
Fixed Interest
15.92%

General Information

Fund Details
Type Description
Allard Investment Fund A
ALD1539AU
Miscellaneous
starstar (as at 31 May 2015)
Investment Fund
30 Jun 2003
$119 million (as at 29 Feb 2016)
$14.5395 (as at 31 Jan 2026)
$14.5395 (as at 31 Jan 2026)
Open
Offer information
Type Description
Minimum initial investment $250,000
Minimum additional investments $50,000
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FAQs about the Allard Investment Fund A

The objective of the Allard Investment Fund A managed fund is BIG PICTURE: Asia focused with high confidence in China and India. SECTOR: Identify industries with favorable operating environments and attractive long-term growth prospects. COMPANY: At the heart of what we do is a methodical process of “bottom up” company investing. We look for companies with 1) Defined competitive advantage (scale, brand, quality, cost structure, technology); 2) Sound finances; 3) Strong management; 4) Robust corporate governance. MEET, GREET, REPEAT: We are on-the-ground, visiting management, operations as well as competitors in the market. We have often met successive management teams. CONVICTION: Derive a Conviction Ratio by factoring in 1) Management ability; 2) Governance structure; 3) Competitive position; 4) Importance of business to its community; 5) Capital structure; 6) Optionality. VALUATION: We examine historical performance and apply judgment to a long term DCF and build a valuation range (not a single number). PORTFOLIO: Position sized by combining discount to valuation and conviction ratio. Exposure limits apply. Typically 25-30 companies from an active universe of 75. LONG TERM NOT STATIC: Dynamic and regular review. Continuous search for new opportunities.

The strategy of the Allard Investment Fund A managed fund is BIG PICTURE: Asia focused with high confidence in China and India. SECTOR: Identify industries with favorable operating environments and attractive long-term growth prospects. COMPANY: At the heart of what we do is a methodical process of “bottom up” company investing. We look for companies with 1) Defined competitive advantage (scale, brand, quality, cost structure, technology); 2) Sound finances; 3) Strong management; 4) Robust corporate governance. MEET, GREET, REPEAT: We are on-the-ground, visiting management, operations as well as competitors in the market. We have often met successive management teams. CONVICTION: Derive a Conviction Ratio by factoring in 1) Management ability; 2) Governance structure; 3) Competitive position; 4) Importance of business to its community; 5) Capital structure; 6) Optionality. VALUATION: We examine historical performance and apply judgment to a long term DCF and build a valuation range (not a single number). PORTFOLIO: Position sized by combining discount to valuation and conviction ratio. Exposure limits apply. Typically 25-30 companies from an active universe of 75. LONG TERM NOT STATIC: Dynamic and regular review. Continuous search for new opportunities.

The APIR code of the Allard Investment Fund A managed fund is ALD1539AU.

Allard Investment Fund A’s total return last month was -1.67%. This was made up of a growth return of 166.83% and an income return of -168.5%. These returns were calculated as at 31 Jan 2026.

Allard Investment Fund A’s total return for the last three months was -3.42%. This was made up of a growth return of 166.83% and an income return of -170.25%%. These returns were calculated as at 31 Jan 2026.

Allard Investment Fund A’s one-year total return is 13.06%. This was made up of a growth return of 166.83% and an income return of -153.77%. These returns were calculated as at 31 Jan 2026.

Allard Investment Fund A’s one-year total return is 9.48%. This was made up of a growth return of 38.7% and an income return of -29.22%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the Allard Investment Fund A managed fund is :

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

The Allard Investment Fund A managed fund belongs to the Miscellaneous sector/asset class.

As at 29 Feb 2016, the size of the Allard Investment Fund A managed fund was $119 million.

The Allard Investment Fund A managed fund has an inception date of 30 Jun 2003.

The current entry price of the Allard Investment Fund A managed fund is $14.5395 per unit and the current exit price is $14.5395 per unit (as at 31 Jan 2026).

The current exit price of the Allard Investment Fund A managed fund is $14.5395 per unit and the current entry price is $14.5395 per unit (as at 31 Jan 2026).

The minimum initial investment amount for the Allard Investment Fund A managed fund is $250,000. 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.