P/E Global FX Alpha No.1 Wholesale - Managed Fund

Fund Objective

Fund Strategy

The Fund aims to generate long-term total returns by investing in exchange-traded futures providing exposure to currencies and gold. The Fund holds both long and short positions in futures. The Fund also holds cash and cash equivalents. The investment process involves the use of a disciplined and dynamic quantitative model to determine the positions held by the Fund. The model relies on statistical analysis to forecast returns and volatilities for currencies and gold based on underlying fundamental factors identified by P/E Global.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	5.95%	-0.03%	0.87%	-1.81%	-0.97%	0.75%	5.99%	-%
Growth return	5.95%	-0.03%	0.41%	-2.59%	-7.5%	-6.27%	-1.28%	-%
Income return	0%	0%	0.46%	0.78%	6.53%	7.02%	7.27%	-%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return	0.3%	0.89%	1.84%	3.96%	4.14%	3.95%	-%	-%

As at 31 Oct 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details

Type	Description
Fund Name	P/E Global FX Alpha No.1 Wholesale
Responsible Entity	Macquarie Investment Management Aus Ltd.
APIR Code	MAQ9788AU
Sector/Asset Class	Alternative - Macro Trading
Morningstar Rating	(as at 31 Oct 2025)
Legal Structure	Investment Fund
Fund Inception	26 Oct 2020
Fund Size	$58.1 million (as at 31 Oct 2025)
Entry Price	$0.962 (as at 18 Nov 2025)
Exit Price	$0.9618 (as at 18 Nov 2025)
Fund Status	Open

Offer information

Type	Description
MER	2.83% (as at 16 May 2025)
Indirect Cost Ratio (ICR)	3.02% (as at 30 Jun 2024)
Performance fee (not included in ICR)	1.82
Minimum initial investment	$20,000,000
Minimum additional investments

Top 10 holdings (as at 31 Dec 2022)

Holding (as at 31 Dec 2022)	Type	% of Portfolio
Prologis Inc	Equity - REIT	5.92%
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FAQs about the P/E Global FX Alpha No.1 Wholesale

What is the objective of the P/E Global FX Alpha No.1 Wholesale managed fund?

The objective of the P/E Global FX Alpha No.1 Wholesale managed fund is The Fund aims to generate long-term total returns by investing in exchange-traded futures providing exposure to currencies and gold. The Fund holds both long and short positions in futures. The Fund also holds cash and cash equivalents.

What is the strategy for the P/E Global FX Alpha No.1 Wholesale managed fund?

The strategy of the P/E Global FX Alpha No.1 Wholesale managed fund is The Fund aims to generate long-term total returns by investing in exchange-traded futures providing exposure to currencies and gold. The Fund holds both long and short positions in futures. The Fund also holds cash and cash equivalents. The investment process involves the use of a disciplined and dynamic quantitative model to determine the positions held by the Fund. The model relies on statistical analysis to forecast returns and volatilities for currencies and gold based on underlying fundamental factors identified by P/E Global.

What is the APIR code of the P/E Global FX Alpha No.1 Wholesale managed fund?

The APIR code of the P/E Global FX Alpha No.1 Wholesale managed fund is MAQ9788AU.

What was P/E Global FX Alpha No.1 Wholesale’s total return last month?

P/E Global FX Alpha No.1 Wholesale’s total return last month was 5.95%. This was made up of a growth return of 5.95% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

What was P/E Global FX Alpha No.1 Wholesale’s total return for the last three months?

P/E Global FX Alpha No.1 Wholesale’s total return for the last three months was -0.03%. This was made up of a growth return of -0.03% and an income return of 0%%. These returns were calculated as at 31 Oct 2025.

What is P/E Global FX Alpha No.1 Wholesale’s one-year total return?

P/E Global FX Alpha No.1 Wholesale’s one-year total return is -1.81%. This was made up of a growth return of -2.59% and an income return of 0.78%. These returns were calculated as at 31 Oct 2025.

What is P/E Global FX Alpha No.1 Wholesale’s three-year total return?

P/E Global FX Alpha No.1 Wholesale’s one-year total return is 0.75%. This was made up of a growth return of -6.27% and an income return of 7.02%. These returns were calculated as at 31 Oct 2025.

What is the asset allocation of the P/E Global FX Alpha No.1 Wholesale managed fund?

The asset allocation of the P/E Global FX Alpha No.1 Wholesale managed fund is :

Cash: 100%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the P/E Global FX Alpha No.1 Wholesale managed fund?

The Responsible Entity for the P/E Global FX Alpha No.1 Wholesale managed fund is Macquarie Investment Management Aus Ltd..

What sector/asset class does the P/E Global FX Alpha No.1 Wholesale managed fund belong to?

The P/E Global FX Alpha No.1 Wholesale managed fund belongs to the Alternative - Macro Trading sector/asset class.

What is the size of the P/E Global FX Alpha No.1 Wholesale managed fund?

As at 31 Oct 2025, the size of the P/E Global FX Alpha No.1 Wholesale managed fund was $58.1 million.

What is the inception date of the P/E Global FX Alpha No.1 Wholesale managed fund?

The P/E Global FX Alpha No.1 Wholesale managed fund has an inception date of 26 Oct 2020.

What is the current entry price of the P/E Global FX Alpha No.1 Wholesale managed fund?

The current entry price of the P/E Global FX Alpha No.1 Wholesale managed fund is $0.962 per unit and the current exit price is $0.9618 per unit (as at 18 Nov 2025).

What is the current exit price of the P/E Global FX Alpha No.1 Wholesale managed fund?

The current exit price of the P/E Global FX Alpha No.1 Wholesale managed fund is $0.9618 per unit and the current entry price is $0.962 per unit (as at 18 Nov 2025).

What is the minimum investment amount for the P/E Global FX Alpha No.1 Wholesale managed fund?

The minimum initial investment amount for the P/E Global FX Alpha No.1 Wholesale managed fund is $20,000,000. Minimum additional investment is $0.

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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