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  5. Platinum Global Fund (Long Only) - Managed fund profile

Platinum Global Fund (Long Only) - Managed Fund

Fund Objective
To provide capital growth over the long?term by investing in undervalued companies from around the world.
Fund Strategy
The Fund primarily invests in listed securities. The Portfolio will ideally consist of 40 to 80 securities that Platinum believes to be undervalued by the market. The Fund may use Derivatives to achieve long equity exposure.

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 3.01% 5.69% 9.09% 10.16% 12.4% 4.61% 6.92% 9.08%
Growth return 3.01% 5.69% 9.09% 2.53% 3.89% -4.26% -0.85% 0.54%
Income return 0% 0% 0% 7.63% 8.51% 8.87% 7.77% 8.54%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Platinum Global Fund (Long Only)
Australian Equities
1.54%
International Equities
91.58%
Cash
6.88%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.12%
International Equities
92.05%
Cash
3.01%
Property
1.80%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Platinum Global Fund (Long Only)
Platinum Asset Management
PLA0006AU
Equity World Large Blend
star (as at 31 Mar 2024)
Investment Fund
31 Jan 2005
$170.62 million (as at 31 Mar 2024)
$1.569 (as at 17 Apr 2024)
$1.5658 (as at 17 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.35% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000.00
Minimum additional investments
Minimum redemption amount $10,000.00

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Samsung Electronics Co Ltd Equity 4.80%
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FAQs about the Platinum Global Fund (Long Only)

The objective of the Platinum Global Fund (Long Only) managed fund is To provide capital growth over the long?term by investing in undervalued companies from around the world.

The strategy of the Platinum Global Fund (Long Only) managed fund is The Fund primarily invests in listed securities. The Portfolio will ideally consist of 40 to 80 securities that Platinum believes to be undervalued by the market. The Fund may use Derivatives to achieve long equity exposure.

The APIR code of the Platinum Global Fund (Long Only) managed fund is PLA0006AU.

Platinum Global Fund (Long Only)’s total return last month was 3.01%. This was made up of a growth return of 3.01% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Platinum Global Fund (Long Only)’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 Mar 2024.

Platinum Global Fund (Long Only)’s one-year total return is 10.16%. This was made up of a growth return of 2.53% and an income return of 7.63%. These returns were calculated as at 31 Mar 2024.

Platinum Global Fund (Long Only)’s one-year total return is 4.61%. This was made up of a growth return of -4.26% and an income return of 8.87%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Platinum Global Fund (Long Only) managed fund is :

Australian Equities
1.54%
International Equities
91.58%
Cash
6.88%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Platinum Global Fund (Long Only) managed fund is Platinum Asset Management.

The Platinum Global Fund (Long Only) managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Mar 2024, the size of the Platinum Global Fund (Long Only) managed fund was $170.62 million.

The Platinum Global Fund (Long Only) managed fund has an inception date of 31 Jan 2005.

The current entry price of the Platinum Global Fund (Long Only) managed fund is $1.569 per unit and the current exit price is $1.5658 per unit (as at 17 Apr 2024).

The current exit price of the Platinum Global Fund (Long Only) managed fund is $1.5658 per unit and the current entry price is $1.569 per unit (as at 17 Apr 2024).

The minimum initial investment amount for the Platinum Global Fund (Long Only) managed fund is $10,000. 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.