InvestSMART

Bennelong Market Neutral Fund - Managed Fund

Fund Objective
The Fund aims to achieve consistent absolute returns regardless of market conditions from a portfolio of both long and short large capitalisation Australian shares. The investment strategy seeks to limit the portfolio exposure to market risk in the construction of the portfolio by adopting a predominantly cash neutral position through the construction of a long/short portfolio via a series of correlated long and short paired positions.
Fund Strategy
The core investment strategy of the Fund is that it seeks to limit market risk in the construction of the Portfolio by adopting a predominantly cash neutral position through the construction of a long/short portfolio via a series of correlated long and short paired positions. The strategy seeks to capture stock Alpha whilst limiting portfolio exposure to market risk by adopting a predominantly cash neutral portfolio position.

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 -7.04% -5.44% 3.2% 0.56% 9.71% 7.66% -1.28% 3.65%
Growth return -7.04% -5.44% 3.2% 0.56% 9.71% 7.66% -1.39% 1.47%
Income return 0% 0% 0% 0% 0% 0% 0.11% 2.18%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.28% 0.86% 1.78% 3.86% 4.13% 4.04% 2.69% 2.09%
As at 31 Oct 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Bennelong Market Neutral Fund
Australian Equities
6.53%
Cash
93.47%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.89%
Cash
46.28%
International Equities
7.32%
Property & Infrastructure
1.87%
Fixed Interest
20.36%
Alternatives
20.29%

General Information

Fund Details
Type Description
Bennelong Market Neutral Fund
Bennelong Funds Management Ltd
BFL0016AU
Alternative - Other
Not Rated
Investment Fund
23 Oct 2015
$47.48 million (as at 30 Nov 2025)
$1.2146 (as at 31 Oct 2025)
$1.2074 (as at 31 Oct 2025)
Open
Offer information
Type Description
MER 2.68% (as at 31 Oct 2024)
Indirect Cost Ratio (ICR) 2.01% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.26
Minimum initial investment $25,000
Minimum additional investments $25,000
Minimum redemption amount $25,000
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FAQs about the Bennelong Market Neutral Fund

The objective of the Bennelong Market Neutral Fund managed fund is The Fund aims to achieve consistent absolute returns regardless of market conditions from a portfolio of both long and short large capitalisation Australian shares. The investment strategy seeks to limit the portfolio exposure to market risk in the construction of the portfolio by adopting a predominantly cash neutral position through the construction of a long/short portfolio via a series of correlated long and short paired positions.

The strategy of the Bennelong Market Neutral Fund managed fund is The core investment strategy of the Fund is that it seeks to limit market risk in the construction of the Portfolio by adopting a predominantly cash neutral position through the construction of a long/short portfolio via a series of correlated long and short paired positions. The strategy seeks to capture stock Alpha whilst limiting portfolio exposure to market risk by adopting a predominantly cash neutral portfolio position.

The APIR code of the Bennelong Market Neutral Fund managed fund is BFL0016AU.

Bennelong Market Neutral Fund’s total return last month was -7.04%. This was made up of a growth return of -7.04% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

Bennelong Market Neutral Fund’s total return for the last three months was -5.44%. This was made up of a growth return of -5.44% and an income return of 0%%. These returns were calculated as at 31 Oct 2025.

Bennelong Market Neutral Fund’s one-year total return is 0.56%. This was made up of a growth return of 0.56% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

Bennelong Market Neutral Fund’s one-year total return is 7.66%. This was made up of a growth return of 7.66% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

The asset allocation of the Bennelong Market Neutral Fund managed fund is :

Australian Equities
6.53%
Cash
93.47%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Bennelong Market Neutral Fund managed fund is Bennelong Funds Management Ltd.

The Bennelong Market Neutral Fund managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Nov 2025, the size of the Bennelong Market Neutral Fund managed fund was $47.48 million.

The Bennelong Market Neutral Fund managed fund has an inception date of 23 Oct 2015.

The current entry price of the Bennelong Market Neutral Fund managed fund is $1.2146 per unit and the current exit price is $1.2074 per unit (as at 31 Oct 2025).

The current exit price of the Bennelong Market Neutral Fund managed fund is $1.2074 per unit and the current entry price is $1.2146 per unit (as at 31 Oct 2025).

The minimum initial investment amount for the Bennelong Market Neutral Fund managed fund is $25,000. Minimum additional investment is $25000.

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.