Invesco Australian Equity Long Short I - Managed Fund (Closed)

Fund Objective

The Fund aims to provide investors with long term risk adjusted returns by taking both long and short positions in securities listed on the Australian share market.

Fund Strategy

The Fund is managed by the IQS team in Melbourne using its proprietary quantitative approach. The Fund is managed against the S&P/ASX 300 Accumulation Index. The typical asset class exposure is 95% Australian Equities and 5% invested in cash. Proceeds from the short exposures (20-40% of the NAV of the Fund) are used to acquire additional long exposures. This results in the long exposure ranging from 120 - 140% of the Fund's NAV. The Fund seeks to be fully invested.

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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.02%	0.02%	0.05%	3.3%	-0.85%	5.28%	5.64%	-%
Growth return	0.02%	0.02%	-0.4%	2.84%	-4.03%	1.05%	2.21%	-%
Income return	0%	0%	0.45%	0.46%	3.18%	4.23%	3.43%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	-7.15%	-1.61%	-2.61%	11.67%	7.17%	9.54%	8.63%	9.44%

As at 31 Dec 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Invesco Australian Equity Long Short I

Australian Equities: 92.18%

Cash: 0.36%

Property & Infrastructure: 6.73%

Alternatives: 0.73%

International Equities: 0%

Fixed Interest: 0%

Average Allocation of Peers

Australian Equities: 95.83%

Cash: -0.98%

Property & Infrastructure: 1.26%

Alternatives: -0.02%

International Equities: 4.24%

Fixed Interest: -0.33%

General Information

Fund Details

Type	Description
Fund Name	Invesco Australian Equity Long Short I (Wholesale)
Fund Status	Closed
Responsible Entity	Invesco Australia Limited
APIR Code	GTU0114AU
Sector/Asset Class	Equity Australia Long Short
Morningstar Rating	(as at 31 Dec 2021)
Legal Structure	Investment Fund
Fund Inception	1 Sep 2016
Fund Size	$99.84 million (as at 31 Oct 2020)
Entry Price	$1.1661 (as at 22 Mar 2022)
Exit Price	$1.158 (as at 22 Mar 2022)
Fund Status	Finalised

Offer information

Type	Description
MER	0% (as at 25 Sep 2018)
Indirect Cost Ratio (ICR)	0% (as at 30 Jun 2021)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$10,000,000
Minimum additional investments	$500,000
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2020)

Holding (as at 30 Sep 2020)	Type	% of Portfolio
Commonwealth Bank of Australia	Equity	7.45%
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FAQs about the Invesco Australian Equity Long Short I

What is the objective of the Invesco Australian Equity Long Short I managed fund?

The objective of the Invesco Australian Equity Long Short I managed fund is The Fund aims to provide investors with long term risk adjusted returns by taking both long and short positions in securities listed on the Australian share market.

What is the strategy for the Invesco Australian Equity Long Short I managed fund?

The strategy of the Invesco Australian Equity Long Short I managed fund is The Fund is managed by the IQS team in Melbourne using its proprietary quantitative approach. The Fund is managed against the S&P/ASX 300 Accumulation Index. The typical asset class exposure is 95% Australian Equities and 5% invested in cash. Proceeds from the short exposures (20-40% of the NAV of the Fund) are used to acquire additional long exposures. This results in the long exposure ranging from 120 - 140% of the Fund's NAV. The Fund seeks to be fully invested.

What is the APIR code of the Invesco Australian Equity Long Short I managed fund?

The APIR code of the Invesco Australian Equity Long Short I managed fund is GTU0114AU.

What was Invesco Australian Equity Long Short I’s total return last month?

Invesco Australian Equity Long Short I’s total return last month was 0.02%. This was made up of a growth return of 0.02% and an income return of 0%. These returns were calculated as at 31 Dec 2021.

What was Invesco Australian Equity Long Short I’s total return for the last three months?

Invesco Australian Equity Long Short I’s total return for the last three months was 0.02%. This was made up of a growth return of 0.02% and an income return of 0%%. These returns were calculated as at 31 Dec 2021.

What is Invesco Australian Equity Long Short I’s one-year total return?

Invesco Australian Equity Long Short I’s one-year total return is 3.3%. This was made up of a growth return of 2.84% and an income return of 0.46%. These returns were calculated as at 31 Dec 2021.

What is Invesco Australian Equity Long Short I’s three-year total return?

Invesco Australian Equity Long Short I’s one-year total return is 5.28%. This was made up of a growth return of 1.05% and an income return of 4.23%. These returns were calculated as at 31 Dec 2021.

What is the asset allocation of the Invesco Australian Equity Long Short I managed fund?

The asset allocation of the Invesco Australian Equity Long Short I managed fund is :

Australian Equities: 92.18%

Cash: 0.36%

Property & Infrastructure: 6.73%

Alternatives: 0.73%

International Equities: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Invesco Australian Equity Long Short I managed fund?

The Responsible Entity for the Invesco Australian Equity Long Short I managed fund is Invesco Australia Limited.

What sector/asset class does the Invesco Australian Equity Long Short I managed fund belong to?

The Invesco Australian Equity Long Short I managed fund belongs to the Equity Australia Long Short sector/asset class.

What is the size of the Invesco Australian Equity Long Short I managed fund?

As at 31 Oct 2020, the size of the Invesco Australian Equity Long Short I managed fund was $99.84 million.

What is the inception date of the Invesco Australian Equity Long Short I managed fund?

The Invesco Australian Equity Long Short I managed fund has an inception date of 1 Sep 2016.

What is the current entry price of the Invesco Australian Equity Long Short I managed fund?

The current entry price of the Invesco Australian Equity Long Short I managed fund is $1.1661 per unit and the current exit price is $1.158 per unit (as at 22 Mar 2022).

What is the current exit price of the Invesco Australian Equity Long Short I managed fund?

The current exit price of the Invesco Australian Equity Long Short I managed fund is $1.158 per unit and the current entry price is $1.1661 per unit (as at 22 Mar 2022).

What is the minimum investment amount for the Invesco Australian Equity Long Short I managed fund?

The minimum initial investment amount for the Invesco Australian Equity Long Short I managed fund is $10,000,000. Minimum additional investment is $500000.

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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