InvestSMART

L1 Capital Long Short - Daily - Managed Fund

Fund Objective
To conduct bottom-up company research to identify mispriced securities. The Fund may hold long or short stock positions (or derivatives) to profit from this mispricing. Securities will be listed (or expected to list) on a global stock exchange
Fund Strategy
To conduct bottom-up company research to identify mispriced securities. The Fund may hold long or short stock positions (or derivatives) to profit from this mispricing. Securities will be listed (or expected to list) on a global stock exchange
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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 -4.14% 3.3% 16.4% 32.35% 25.09% 21.25% 14.76% -%
Growth return -3.7% 4.72% 19.62% 37.89% 27.68% 22.9% 7.88% -%
Income return -0.44% -1.42% -3.22% -5.54% -2.59% -1.65% 6.88% -%
Market index (S&P/ASX 200 TR AUD)
Total return -2.42% 1.33% 5.43% 2.68% 6.55% 11.4% 7.68% 9.04%
As at 30 Sep 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

L1 Capital Long Short - Daily
Australian Equities
35.08%
International Equities
77.25%
Cash
38.97%
Alternatives
-51.30%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
96.32%
International Equities
3.77%
Cash
-0.84%
Alternatives
-0.02%
Property & Infrastructure
1.24%
Fixed Interest
-0.46%

General Information

Fund Details
Type Description
L1 Capital Long Short - Daily
ETL0490AU
Equity Australia Long Short
starstarstarstarstar (as at 30 Sep 2026)
Investment Fund
3 Oct 2016
$2273.94 million (as at 30 Sep 2025)
$2.3707 (as at 12 Oct 2026)
$2.3635 (as at 12 Oct 2026)
Open
Offer information
Type Description
MER 1.54% (as at 18 Jan 2026)
Indirect Cost Ratio (ICR) 1.54% (as at 30 Jun 2025)
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00
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FAQs about the L1 Capital Long Short - Daily

The objective of the L1 Capital Long Short - Daily managed fund is To conduct bottom-up company research to identify mispriced securities. The Fund may hold long or short stock positions (or derivatives) to profit from this mispricing. Securities will be listed (or expected to list) on a global stock exchange

The strategy of the L1 Capital Long Short - Daily managed fund is To conduct bottom-up company research to identify mispriced securities. The Fund may hold long or short stock positions (or derivatives) to profit from this mispricing. Securities will be listed (or expected to list) on a global stock exchange

The APIR code of the L1 Capital Long Short - Daily managed fund is ETL0490AU.

L1 Capital Long Short - Daily’s total return last month was -4.14%. This was made up of a growth return of -3.7% and an income return of -0.44%. These returns were calculated as at 30 Sep 2026.

L1 Capital Long Short - Daily’s total return for the last three months was 3.3%. This was made up of a growth return of 4.72% and an income return of -1.42%%. These returns were calculated as at 30 Sep 2026.

L1 Capital Long Short - Daily’s one-year total return is 32.35%. This was made up of a growth return of 37.89% and an income return of -5.54%. These returns were calculated as at 30 Sep 2026.

L1 Capital Long Short - Daily’s one-year total return is 21.25%. This was made up of a growth return of 22.9% and an income return of -1.65%. These returns were calculated as at 30 Sep 2026.

The asset allocation of the L1 Capital Long Short - Daily managed fund is :

Australian Equities
35.08%
International Equities
77.25%
Cash
38.97%
Alternatives
-51.30%
Property & Infrastructure
0%
Fixed Interest
0%

The L1 Capital Long Short - Daily managed fund belongs to the Equity Australia Long Short sector/asset class.

As at 30 Sep 2025, the size of the L1 Capital Long Short - Daily managed fund was $2273.94 million.

The L1 Capital Long Short - Daily managed fund has an inception date of 3 Oct 2016.

The current entry price of the L1 Capital Long Short - Daily managed fund is $2.3707 per unit and the current exit price is $2.3635 per unit (as at 12 Oct 2026).

The current exit price of the L1 Capital Long Short - Daily managed fund is $2.3635 per unit and the current entry price is $2.3707 per unit (as at 12 Oct 2026).

The minimum initial investment amount for the L1 Capital Long Short - Daily 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.