Pengana High Conviction Equities B - Managed Fund

The objective of the Pengana High Conviction Equities B managed fund is The High Conviction Equities Fund invests in a concentrated, ethically screened portfolio of not more than 20 Australian and global companies. The fund seeks to identify companies that are significantly undervalued using fundamental analysis. The fund’s Investment Team seeks to invest in securities that mostly exhibit strong cash generation and are trading at less than the Investment Team’s assessment of their intrinsic value.

The strategy of the Pengana High Conviction Equities B managed fund is The High Conviction Equities Fund invests in a concentrated, ethically screened portfolio of not more than 20 Australian and global companies. The fund seeks to identify companies that are significantly undervalued using fundamental analysis. The fund’s Investment Team seeks to invest in securities that mostly exhibit strong cash generation and are trading at less than the Investment Team’s assessment of their intrinsic value.

The APIR code of the Pengana High Conviction Equities B managed fund is PCL9196AU.

Pengana High Conviction Equities B’s total return last month was -15.11%. This was made up of a growth return of -14.9% and an income return of -0.21%. These returns were calculated as at 30 Sep 2026.

Pengana High Conviction Equities B’s total return for the last three months was -27.66%. This was made up of a growth return of -27.12% and an income return of -0.54%%. These returns were calculated as at 30 Sep 2026.

Pengana High Conviction Equities B’s one-year total return is -44.69%. This was made up of a growth return of -42.83% and an income return of -1.86%. These returns were calculated as at 30 Sep 2026.

Pengana High Conviction Equities B’s one-year total return is 18.39%. This was made up of a growth return of 9.72% and an income return of 8.67%. These returns were calculated as at 30 Sep 2026.

The asset allocation of the Pengana High Conviction Equities B managed fund is :

The Responsible Entity for the Pengana High Conviction Equities B managed fund is Pengana Capital Limited.

The Pengana High Conviction Equities B managed fund belongs to the Equity World Mid/Small sector/asset class.

As at 30 Sep 2026, the size of the Pengana High Conviction Equities B managed fund was $101.91 million.

The Pengana High Conviction Equities B managed fund has an inception date of 15 Jul 2020.

The current entry price of the Pengana High Conviction Equities B managed fund is $0.9758 per unit and the current exit price is $0.9709 per unit (as at 15 Oct 2026).

The current exit price of the Pengana High Conviction Equities B managed fund is $0.9709 per unit and the current entry price is $0.9758 per unit (as at 15 Oct 2026).

The minimum initial investment amount for the Pengana High Conviction Equities B managed fund is $10,000. Minimum additional investment is $5000.