InvestSMART

Cerutty Macro Fund - Managed Fund

Fund Objective
The fund applies a discretionary global macro and top-down thematic framework combined with fundamental equity analysis, primarily investing in Australian and global listed equities, fixed income securities, currencies, and exchange-traded derivatives to navigate shifting business cycles.
Fund Strategy
The fund applies a discretionary global macro and top-down thematic framework combined with fundamental equity analysis, primarily investing in Australian and global listed equities, fixed income securities, currencies, and exchange-traded derivatives to navigate shifting business cycles.
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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 5.02% -4.53% -11.75% -2.39% 12.46% 14.95% -% -%
Growth return 5.12% -4.25% -11.22% -1.51% 8.86% 9.19% -% -%
Income return -0.1% -0.28% -0.53% -0.88% 3.6% 5.76% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 1.54% 4.54% 0.32% 4.4% 9.45% 11.24% 7.81% 9.36%
As at 31 Aug 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
Australian Equities
96.43%
International Equities
3.61%
Cash
-0.80%
Property & Infrastructure
1.25%
Fixed Interest
-0.46%
Alternatives
-0.02%

General Information

Fund Details
Type Description
Cerutty Macro Fund
ETL9686AU
Equity Australia Large Blend
starstarstarstarstar (as at 31 Aug 2026)
Investment Fund
1 Jun 2023
$36.99 million (as at 30 Jun 2025)
$1.3307 (as at 31 Aug 2026)
$1.3227 (as at 31 Aug 2026)
Open
Offer information
Type Description
MER 1.20% (as at 16 Jun 2026)
Indirect Cost Ratio (ICR) 0% (as at 16 Jun 2026)
Minimum initial investment $250,000
Minimum additional investments $25,000
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FAQs about the Cerutty Macro Fund

The objective of the Cerutty Macro Fund managed fund is The fund applies a discretionary global macro and top-down thematic framework combined with fundamental equity analysis, primarily investing in Australian and global listed equities, fixed income securities, currencies, and exchange-traded derivatives to navigate shifting business cycles.

The strategy of the Cerutty Macro Fund managed fund is The fund applies a discretionary global macro and top-down thematic framework combined with fundamental equity analysis, primarily investing in Australian and global listed equities, fixed income securities, currencies, and exchange-traded derivatives to navigate shifting business cycles.

The APIR code of the Cerutty Macro Fund managed fund is ETL9686AU.

Cerutty Macro Fund’s total return last month was 5.02%. This was made up of a growth return of 5.12% and an income return of -0.1%. These returns were calculated as at 31 Aug 2026.

Cerutty Macro Fund’s total return for the last three months was -4.53%. This was made up of a growth return of -4.25% and an income return of -0.28%%. These returns were calculated as at 31 Aug 2026.

Cerutty Macro Fund’s one-year total return is -2.39%. This was made up of a growth return of -1.51% and an income return of -0.88%. These returns were calculated as at 31 Aug 2026.

Cerutty Macro Fund’s one-year total return is 14.95%. This was made up of a growth return of 9.19% and an income return of 5.76%. These returns were calculated as at 31 Aug 2026.

The asset allocation of the Cerutty Macro Fund managed fund is :

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

The Cerutty Macro Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Jun 2025, the size of the Cerutty Macro Fund managed fund was $36.99 million.

The Cerutty Macro Fund managed fund has an inception date of 1 Jun 2023.

The current entry price of the Cerutty Macro Fund managed fund is $1.3307 per unit and the current exit price is $1.3227 per unit (as at 31 Aug 2026).

The current exit price of the Cerutty Macro Fund managed fund is $1.3227 per unit and the current entry price is $1.3307 per unit (as at 31 Aug 2026).

The minimum initial investment amount for the Cerutty Macro Fund managed fund is $250,000. 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.