InvestSMART

Argyle Water D - Managed Fund

Fund Objective
Argyle believes there is a significant opportunity for long-term investors to achieve compelling risk-adjusted returns from the acquisition and active management of a portfolio of Australian Water Entitlements generating a return profile (comprising capital growth and yield) that is historically uncorrelated to financial markets.
Fund Strategy
Argyle believes there is a significant opportunity for long-term investors to achieve compelling risk-adjusted returns from the acquisition and active management of a portfolio of Australian Water Entitlements generating a return profile (comprising capital growth and yield) that is historically uncorrelated to financial markets.

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 0.03% 0.94% 3.03% 2.21% 1.07% 0.75% -% -%
Growth return 0.03% 0.94% 3.03% 2.21% 0.55% -0.43% -% -%
Income return 0% 0% 0% 0% 0.52% 1.18% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.88% 1.8% 3.88% 4.14% 4.05% 2.7% 2.09%
As at 30 Nov 2025. 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
20.29%
Australian Equities
3.91%
International Equities
7.32%
Cash
46.24%
Property & Infrastructure
1.87%
Fixed Interest
20.38%

General Information

Fund Details
Type Description
Argyle Water D
The Trust Company (RE Services) Limited
Miscellaneous
Not Rated
Investment Fund
1 Oct 2021
n/a
$2.84639 (as at 30 Nov 2025)
$2.84639 (as at 30 Nov 2025)
Open
Offer information
Type Description
MER 1.73% (as at 30 Jun 2024)
Indirect Cost Ratio (ICR) 1.73% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Australian Water Rights Equity - Warrants/Rights(Call) 100%
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FAQs about the Argyle Water D

The objective of the Argyle Water D managed fund is Argyle believes there is a significant opportunity for long-term investors to achieve compelling risk-adjusted returns from the acquisition and active management of a portfolio of Australian Water Entitlements generating a return profile (comprising capital growth and yield) that is historically uncorrelated to financial markets.

The strategy of the Argyle Water D managed fund is Argyle believes there is a significant opportunity for long-term investors to achieve compelling risk-adjusted returns from the acquisition and active management of a portfolio of Australian Water Entitlements generating a return profile (comprising capital growth and yield) that is historically uncorrelated to financial markets.

The APIR code of the Argyle Water D managed fund is .

Argyle Water D’s total return last month was 0.03%. This was made up of a growth return of 0.03% and an income return of 0%. These returns were calculated as at 30 Nov 2025.

Argyle Water D’s total return for the last three months was 0.94%. This was made up of a growth return of 0.94% and an income return of 0%%. These returns were calculated as at 30 Nov 2025.

Argyle Water D’s one-year total return is 2.21%. This was made up of a growth return of 2.21% and an income return of 0%. These returns were calculated as at 30 Nov 2025.

Argyle Water D’s one-year total return is 0.75%. This was made up of a growth return of -0.43% and an income return of 1.18%. These returns were calculated as at 30 Nov 2025.

The asset allocation of the Argyle Water D managed fund is :

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

The Responsible Entity for the Argyle Water D managed fund is The Trust Company (RE Services) Limited.

The Argyle Water D managed fund belongs to the Miscellaneous sector/asset class.

As at , the size of the Argyle Water D managed fund was $ million.

The Argyle Water D managed fund has an inception date of 1 Oct 2021.

The current entry price of the Argyle Water D managed fund is $2.84639 per unit and the current exit price is $2.84639 per unit (as at 30 Nov 2025).

The current exit price of the Argyle Water D managed fund is $2.84639 per unit and the current entry price is $2.84639 per unit (as at 30 Nov 2025).

The minimum initial investment amount for the Argyle Water D managed fund is $.

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.