InvestSMART

Franklin Athena A - Managed Fund

Fund Objective
The Fund seeks to achieve long-term capital appreciation with lower volatility relative to the broader equity markets and substantially less correlation to traditional asset classes over a full market cycle by pursuing various risk premia strategies, which seek to profit from persistent behavioural and/or structural anomalies or other factors.
Fund Strategy
The Fund accesses its investment strategy through investment in the Underlying Fund. The Underlying Fund aims to increase the value of its investments with lower volatility relative to broader equity markets and less correlation to traditional asset classes over the medium to long term. References in this PDS to investments, objectives, and risks of the Fund also refer to those of the Underlying Fund.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.55% 1.01% -2.49% 2.3% 3.95% -% -% -%
Growth return -0.55% 1.01% -4.7% -2.23% 0.9% -% -% -%
Income return 0% 0% 2.21% 4.53% 3.05% -% -% -%
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

Franklin Athena A
International Equities
84.76%
Cash
15.24%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
7.25%
Cash
46.34%
Australian Equities
3.92%
Property & Infrastructure
1.85%
Fixed Interest
20.35%
Alternatives
20.29%

General Information

Fund Details
Type Description
Franklin Athena A
SSB0495AU
Alternative - Multistrategy
Not Rated
Investment Fund
3 Apr 2023
$69.26 million (as at 29 Aug 2025)
$1.0376 (as at 29 Oct 2025)
$1.0366 (as at 29 Oct 2025)
Open
Offer information
Type Description
MER 0.80% (as at 23 Oct 2025)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2025)
Performance fee (not included in ICR) Not Available

FAQs about the Franklin Athena A

The objective of the Franklin Athena A managed fund is The Fund seeks to achieve long-term capital appreciation with lower volatility relative to the broader equity markets and substantially less correlation to traditional asset classes over a full market cycle by pursuing various risk premia strategies, which seek to profit from persistent behavioural and/or structural anomalies or other factors.

The strategy of the Franklin Athena A managed fund is The Fund accesses its investment strategy through investment in the Underlying Fund. The Underlying Fund aims to increase the value of its investments with lower volatility relative to broader equity markets and less correlation to traditional asset classes over the medium to long term. References in this PDS to investments, objectives, and risks of the Fund also refer to those of the Underlying Fund.

The APIR code of the Franklin Athena A managed fund is SSB0495AU.

Franklin Athena A’s total return last month was -0.55%. This was made up of a growth return of -0.55% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Franklin Athena A’s total return for the last three months was 1.01%. This was made up of a growth return of 1.01% and an income return of 0%%. These returns were calculated as at 30 Sep 2025.

Franklin Athena A’s one-year total return is 2.3%. This was made up of a growth return of -2.23% and an income return of 4.53%. These returns were calculated as at 30 Sep 2025.

Franklin Athena A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the Franklin Athena A managed fund is :

International Equities
84.76%
Cash
15.24%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Franklin Athena A managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 29 Aug 2025, the size of the Franklin Athena A managed fund was $69.26 million.

The Franklin Athena A managed fund has an inception date of 3 Apr 2023.

The current entry price of the Franklin Athena A managed fund is $1.0376 per unit and the current exit price is $1.0366 per unit (as at 29 Oct 2025).

The current exit price of the Franklin Athena A managed fund is $1.0366 per unit and the current entry price is $1.0376 per unit (as at 29 Oct 2025).

The minimum initial investment amount for the Franklin Athena A managed fund is $.

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.