Aspect Absolute Return - Managed Fund

Fund Objective

To produce consistent absolute returns that are independent of overall movements in traditional stock and bond markets. The fund aims to provide a return greater than the Reserve Bank of Australia cash rate over rolling three-year periods after fees and taxes.

Fund Strategy

Aspect takes a quantitative and systematic approach to investment management. Aspect has no market sector or directional preference; and markets are selected on the basis of diversification; liquidity and transaction costs.

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	1.07%	1.03%	-4.73%	-2.75%	1.91%	4.78%	-%	-%
Growth return	1.07%	1%	-4.75%	-2.8%	-2.88%	-0.91%	-%	-%
Income return	0%	0.03%	0.02%	0.05%	4.79%	5.69%	-%	-%
Market index (RBA Bank accepted Bills 90 Days)
Total return	0.31%	0.92%	1.92%	4.15%	4.24%	3.96%	2.46%	2.04%

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

Asset Allocation

Aspect Absolute Return

Cash: 40.12%

Alternatives: 59.88%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Average Allocation of Peers

Cash: 44.60%

Alternatives: 22.02%

Australian Equities: 3.96%

International Equities: 6.70%

Property & Infrastructure: 1.87%

Fixed Interest: 20.84%

General Information

Fund Details

Type	Description
Fund Name	Aspect Absolute Return
Responsible Entity	Colonial First State Investments Limited
APIR Code	FSF5242AU
Sector/Asset Class	Alternative - Multistrategy
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	26 Nov 2020
Fund Size	$3.36 million (as at 31 Jul 2025)
Entry Price	$1.0067 (as at 19 Aug 2025)
Exit Price	$1.0067 (as at 19 Aug 2025)
Fund Status	Open

Offer information

Type	Description
MER	1.49% (as at 24 May 2025)
Indirect Cost Ratio (ICR) - Estimated	1.33% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR)	0.51
Minimum initial investment
Minimum additional investments

Top 10 holdings (as at 28 Feb 2025)

Holding (as at 28 Feb 2025)	Type	% of Portfolio
Korea 10Yr Bnd Fu Dec24	Bond - Treasury Future	26.51%
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FAQs about the Aspect Absolute Return

What is the objective of the Aspect Absolute Return managed fund?

The objective of the Aspect Absolute Return managed fund is To produce consistent absolute returns that are independent of overall movements in traditional stock and bond markets. The fund aims to provide a return greater than the Reserve Bank of Australia cash rate over rolling three-year periods after fees and taxes.

What is the strategy for the Aspect Absolute Return managed fund?

The strategy of the Aspect Absolute Return managed fund is Aspect takes a quantitative and systematic approach to investment management. Aspect has no market sector or directional preference; and markets are selected on the basis of diversification; liquidity and transaction costs.

What is the APIR code of the Aspect Absolute Return managed fund?

The APIR code of the Aspect Absolute Return managed fund is FSF5242AU.

What was Aspect Absolute Return’s total return last month?

Aspect Absolute Return’s total return last month was 1.07%. This was made up of a growth return of 1.07% and an income return of 0%. These returns were calculated as at 31 Jul 2025.

What was Aspect Absolute Return’s total return for the last three months?

Aspect Absolute Return’s total return for the last three months was 1.03%. This was made up of a growth return of 1% and an income return of 0.03%%. These returns were calculated as at 31 Jul 2025.

What is Aspect Absolute Return’s one-year total return?

Aspect Absolute Return’s one-year total return is -2.75%. This was made up of a growth return of -2.8% and an income return of 0.05%. These returns were calculated as at 31 Jul 2025.

What is Aspect Absolute Return’s three-year total return?

Aspect Absolute Return’s one-year total return is 4.78%. This was made up of a growth return of -0.91% and an income return of 5.69%. These returns were calculated as at 31 Jul 2025.

What is the asset allocation of the Aspect Absolute Return managed fund?

The asset allocation of the Aspect Absolute Return managed fund is :

Cash: 40.12%

Alternatives: 59.88%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Aspect Absolute Return managed fund?

The Responsible Entity for the Aspect Absolute Return managed fund is Colonial First State Investments Limited.

What sector/asset class does the Aspect Absolute Return managed fund belong to?

The Aspect Absolute Return managed fund belongs to the Alternative - Multistrategy sector/asset class.

What is the size of the Aspect Absolute Return managed fund?

As at 31 Jul 2025, the size of the Aspect Absolute Return managed fund was $3.36 million.

What is the inception date of the Aspect Absolute Return managed fund?

The Aspect Absolute Return managed fund has an inception date of 26 Nov 2020.

What is the current entry price of the Aspect Absolute Return managed fund?

The current entry price of the Aspect Absolute Return managed fund is $1.0067 per unit and the current exit price is $1.0067 per unit (as at 19 Aug 2025).

What is the current exit price of the Aspect Absolute Return managed fund?

The current exit price of the Aspect Absolute Return managed fund is $1.0067 per unit and the current entry price is $1.0067 per unit (as at 19 Aug 2025).

What is the minimum investment amount for the Aspect Absolute Return managed fund?

The minimum initial investment amount for the Aspect Absolute Return managed fund is $0. Minimum additional investment is $0.

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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