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  5. L1 Capital Australian Equities Fund - Managed fund profile

L1 Capital Australian Equities Fund - Managed Fund (Closed)

Fund Objective
The objective of the Fund is to outperform the benchmark by 3% p.a. net of fees and expenses over rolling 5 year periods.
Fund Strategy
L1 Capital uses a fundamental, bottom-up research process to identify securities with the potential to provide attractive risk adjusted returns. While this involves many stages of analysis which can occur concurrently, below is an outline of the process from stock specific research to the formation and maintenance of a portfolio.

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 -1.78% 5.69% 10.93% 12.2% 20.18% 10.14% -% -%
Growth return -1.78% 5.69% 10.93% 5.04% 14.77% 4.04% -% -%
Income return 0% 0% 0% 7.16% 5.41% 6.1% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 May 2022. 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
91.93%
International Equities
4%
Cash
0.37%
Property
3.30%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
L1 Capital Australian Equities Fund
Closed
Equity Trustees Ltd
LCP0001AU
Equity Australia Large Blend
starstarstarstar (as at 31 May 2022)
Investment Fund
1 Sep 2017
$0 million (as at 30 Jun 2022)
$1.7717 (as at 29 Jun 2022)
$1.7628 (as at 29 Jun 2022)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $10,000.00

FAQs about the L1 Capital Australian Equities Fund

The objective of the L1 Capital Australian Equities Fund managed fund is The objective of the Fund is to outperform the benchmark by 3% p.a. net of fees and expenses over rolling 5 year periods.

The strategy of the L1 Capital Australian Equities Fund managed fund is L1 Capital uses a fundamental, bottom-up research process to identify securities with the potential to provide attractive risk adjusted returns. While this involves many stages of analysis which can occur concurrently, below is an outline of the process from stock specific research to the formation and maintenance of a portfolio.

The APIR code of the L1 Capital Australian Equities Fund managed fund is LCP0001AU.

L1 Capital Australian Equities Fund’s total return last month was -1.78%. This was made up of a growth return of -1.78% and an income return of 0%. These returns were calculated as at 31 May 2022.

L1 Capital Australian Equities Fund’s total return for the last three months was 5.69%. This was made up of a growth return of 5.69% and an income return of 0%%. These returns were calculated as at 31 May 2022.

L1 Capital Australian Equities Fund’s one-year total return is 12.2%. This was made up of a growth return of 5.04% and an income return of 7.16%. These returns were calculated as at 31 May 2022.

L1 Capital Australian Equities Fund’s one-year total return is 10.14%. This was made up of a growth return of 4.04% and an income return of 6.1%. These returns were calculated as at 31 May 2022.

The asset allocation of the L1 Capital Australian Equities Fund managed fund is :

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

The Responsible Entity for the L1 Capital Australian Equities Fund managed fund is Equity Trustees Ltd.

The L1 Capital Australian Equities Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Jun 2022, the size of the L1 Capital Australian Equities Fund managed fund was $0 million.

The L1 Capital Australian Equities Fund managed fund has an inception date of 1 Sep 2017.

The current entry price of the L1 Capital Australian Equities Fund managed fund is $1.7717 per unit and the current exit price is $1.7628 per unit (as at 29 Jun 2022).

The current exit price of the L1 Capital Australian Equities Fund managed fund is $1.7628 per unit and the current entry price is $1.7717 per unit (as at 29 Jun 2022).

The minimum initial investment amount for the L1 Capital Australian Equities Fund managed fund is $25,000. Minimum additional investment is $10000.

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.