InvestSMART

Contrarius Australia Equity A - Managed Fund

Fund Objective
The Fund adopts a contrarian investment approach which remains focused on considering the underlying intrinsic value of a company, irrespective of current market sentiment. The Fund is actively managed, benchmark unaware, and aims to be substantially invested in Australian shares at all times. It is managed with high conviction and expected to comprise only those shares assessed to offer the highest value from a broad universe of Australian shares.
Fund Strategy
The Fund adopts a contrarian investment approach which remains focused on considering the underlying intrinsic value of a company, irrespective of current market sentiment. The Fund is actively managed, benchmark unaware, and aims to be substantially invested in Australian shares at all times. It is managed with high conviction and expected to comprise only those shares assessed to offer the highest value from a broad universe of Australian shares.
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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 -9.36% 5.51% -1.6% 6.6% 14.21% 7.5% -% -%
Growth return -9.23% 5.95% -0.79% 7.91% 14.91% 6.24% -% -%
Income return -0.13% -0.44% -0.81% -1.31% -0.7% 1.26% -% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return -2.34% -0.53% 2.77% -6.74% 6.45% 10.41% 2.18% 6.1%
As at 30 Sep 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

General Information

Fund Details
Type Description
Contrarius Australia Equity A
ETL5508AU
Equity Australia Mid/Small Blend
starstar (as at 30 Sep 2026)
Investment Fund
15 May 2023
$12.95 million (as at 31 Aug 2026)
$0.9859 (as at 12 Oct 2026)
$0.9819 (as at 12 Oct 2026)
Open
Offer information
Type Description
MER 1.65% (as at 19 May 2026)
Indirect Cost Ratio (ICR) 0.98% (as at 30 Jun 2025)
Minimum initial investment $1,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 30 Sep 2026)

Holding (as at 30 Sep 2026) Type % of Portfolio
South32 Ltd 9.53%
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FAQs about the Contrarius Australia Equity A

The objective of the Contrarius Australia Equity A managed fund is The Fund adopts a contrarian investment approach which remains focused on considering the underlying intrinsic value of a company, irrespective of current market sentiment. The Fund is actively managed, benchmark unaware, and aims to be substantially invested in Australian shares at all times. It is managed with high conviction and expected to comprise only those shares assessed to offer the highest value from a broad universe of Australian shares.

The strategy of the Contrarius Australia Equity A managed fund is The Fund adopts a contrarian investment approach which remains focused on considering the underlying intrinsic value of a company, irrespective of current market sentiment. The Fund is actively managed, benchmark unaware, and aims to be substantially invested in Australian shares at all times. It is managed with high conviction and expected to comprise only those shares assessed to offer the highest value from a broad universe of Australian shares.

The APIR code of the Contrarius Australia Equity A managed fund is ETL5508AU.

Contrarius Australia Equity A’s total return last month was -9.36%. This was made up of a growth return of -9.23% and an income return of -0.13%. These returns were calculated as at 30 Sep 2026.

Contrarius Australia Equity A’s total return for the last three months was 5.51%. This was made up of a growth return of 5.95% and an income return of -0.44%%. These returns were calculated as at 30 Sep 2026.

Contrarius Australia Equity A’s one-year total return is 6.6%. This was made up of a growth return of 7.91% and an income return of -1.31%. These returns were calculated as at 30 Sep 2026.

Contrarius Australia Equity A’s one-year total return is 7.5%. This was made up of a growth return of 6.24% and an income return of 1.26%. These returns were calculated as at 30 Sep 2026.

The asset allocation of the Contrarius Australia Equity A managed fund is :

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

The Contrarius Australia Equity A managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 31 Aug 2026, the size of the Contrarius Australia Equity A managed fund was $12.95 million.

The Contrarius Australia Equity A managed fund has an inception date of 15 May 2023.

The current entry price of the Contrarius Australia Equity A managed fund is $0.9859 per unit and the current exit price is $0.9819 per unit (as at 12 Oct 2026).

The current exit price of the Contrarius Australia Equity A managed fund is $0.9819 per unit and the current entry price is $0.9859 per unit (as at 12 Oct 2026).

The minimum initial investment amount for the Contrarius Australia Equity A managed fund is $1,000. Minimum additional investment is $1000.

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.