InvestSMART

Generation Life L1 Capital Long Short - Managed Fund

Fund Objective
The Fund aims to deliver returns above the RBA Cash Rate ('Benchmark') over the medium to long term.
Fund Strategy
The Fund is an absolute return fund which aims to generate positive returns in all market environments. The Fund is typically expected to be market neutral (net market exposure generally between 0% - 10%), which effectively means the Fund is constructed in a way where returns are not dependent on the performance of the underlying share market.

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 3.67% 10.51% 14.53% 26.16% 16.01% 11.86% 5.16% -%
Growth return 3.67% 10.51% 14.53% 26.16% 16.01% 11.86% 5.16% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Life L1 Capital Long Short
Australian Equities
1.20%
Cash
98.80%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.92%
Cash
46.16%
International Equities
7.25%
Property & Infrastructure
1.84%
Fixed Interest
20.51%
Alternatives
20.33%

General Information

Fund Details
Type Description
Generation Life L1 Capital Long Short
Austock Life Limited
ALL0527AU
Alternative - Other
Not Rated
Unknown
4 Dec 2017
$8.88 million (as at 30 Sep 2025)
$1.3994 (as at 31 Oct 2025)
$1.3952 (as at 31 Oct 2025)
Open
Offer information
Type Description
MER 3.01% (as at 20 May 2025)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum additional investments $50.00

Top 10 holdings (as at 30 Jun 2025)

Holding (as at 30 Jun 2025) Type % of Portfolio
Santos Ltd Equity 19.02%
Login now to view the complete list of holdings.

FAQs about the Generation Life L1 Capital Long Short

The objective of the Generation Life L1 Capital Long Short managed fund is The Fund aims to deliver returns above the RBA Cash Rate ('Benchmark') over the medium to long term.

The strategy of the Generation Life L1 Capital Long Short managed fund is The Fund is an absolute return fund which aims to generate positive returns in all market environments. The Fund is typically expected to be market neutral (net market exposure generally between 0% - 10%), which effectively means the Fund is constructed in a way where returns are not dependent on the performance of the underlying share market.

The APIR code of the Generation Life L1 Capital Long Short managed fund is ALL0527AU.

Generation Life L1 Capital Long Short’s total return last month was 3.67%. This was made up of a growth return of 3.67% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Generation Life L1 Capital Long Short’s total return for the last three months was 10.51%. This was made up of a growth return of 10.51% and an income return of 0%%. These returns were calculated as at 30 Sep 2025.

Generation Life L1 Capital Long Short’s one-year total return is 26.16%. This was made up of a growth return of 26.16% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Generation Life L1 Capital Long Short’s one-year total return is 11.86%. This was made up of a growth return of 11.86% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the Generation Life L1 Capital Long Short managed fund is :

Australian Equities
1.20%
Cash
98.80%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Generation Life L1 Capital Long Short managed fund is Austock Life Limited.

The Generation Life L1 Capital Long Short managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Sep 2025, the size of the Generation Life L1 Capital Long Short managed fund was $8.88 million.

The Generation Life L1 Capital Long Short managed fund has an inception date of 4 Dec 2017.

The current entry price of the Generation Life L1 Capital Long Short managed fund is $1.3994 per unit and the current exit price is $1.3952 per unit (as at 31 Oct 2025).

The current exit price of the Generation Life L1 Capital Long Short managed fund is $1.3952 per unit and the current entry price is $1.3994 per unit (as at 31 Oct 2025).

The minimum initial investment amount for the Generation Life L1 Capital Long Short managed fund is $500. Minimum additional investment is $50.

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.