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  5. Platypus Absolute Return Australian Equities Ord - Managed fund profile

Platypus Absolute Return Australian Equities Ord - Managed Fund (Closed)

Fund Objective
The Fund aims to: Outperform the RBA Cash Rate net of management fees and recoverable expenses, and Have a low correlation to the Australian equities market.
Fund Strategy
The Fund is an equity dollar neutral product which invests in, or short sells, shares of companies listed on the Australian Stock Exchange (ASX).

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 -2.16% -3.31% -4.19% -8.61% -8.48% -6.03% 1.45% -%
Growth return -2.16% -3.31% -4.19% -8.61% -8.48% -7.44% -2.45% -%
Income return 0% 0% 0% 0% 0% 1.41% 3.9% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Platypus Absolute Return Australian Equities Ord
Australian Equities
2%
Cash
98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.94%
Cash
44.85%
International Equities
6.69%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
Platypus Absolute Return Australian Equities Ord
Closed
Australian Unity Funds Management Ltd
AUS8992AU
Alternative - Other
Not Rated
Investment Fund
1 Jul 2015
$7.03 million (as at 28 Feb 2023)
$0.92136 (as at 28 Mar 2023)
$0.92136 (as at 28 Mar 2023)
Finalised
Offer information
Type Description
MER 2.51% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR) 2.51% (as at 30 Jun 2022)
Performance fee (not included in ICR) 1.01
Minimum initial investment $20,000

FAQs about the Platypus Absolute Return Australian Equities Ord

The objective of the Platypus Absolute Return Australian Equities Ord managed fund is The Fund aims to: Outperform the RBA Cash Rate net of management fees and recoverable expenses, and Have a low correlation to the Australian equities market.

The strategy of the Platypus Absolute Return Australian Equities Ord managed fund is The Fund is an equity dollar neutral product which invests in, or short sells, shares of companies listed on the Australian Stock Exchange (ASX).

The APIR code of the Platypus Absolute Return Australian Equities Ord managed fund is AUS8992AU.

Platypus Absolute Return Australian Equities Ord’s total return last month was -2.16%. This was made up of a growth return of -2.16% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Platypus Absolute Return Australian Equities Ord’s total return for the last three months was -3.31%. This was made up of a growth return of -3.31% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Platypus Absolute Return Australian Equities Ord’s one-year total return is -8.61%. This was made up of a growth return of -8.61% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Platypus Absolute Return Australian Equities Ord’s one-year total return is -6.03%. This was made up of a growth return of -7.44% and an income return of 1.41%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Platypus Absolute Return Australian Equities Ord managed fund is :

Australian Equities
2%
Cash
98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Platypus Absolute Return Australian Equities Ord managed fund is Australian Unity Funds Management Ltd.

The Platypus Absolute Return Australian Equities Ord managed fund belongs to the Alternative - Other sector/asset class.

As at 28 Feb 2023, the size of the Platypus Absolute Return Australian Equities Ord managed fund was $7.03 million.

The Platypus Absolute Return Australian Equities Ord managed fund has an inception date of 1 Jul 2015.

The current entry price of the Platypus Absolute Return Australian Equities Ord managed fund is $0.92136 per unit and the current exit price is $0.92136 per unit (as at 28 Mar 2023).

The current exit price of the Platypus Absolute Return Australian Equities Ord managed fund is $0.92136 per unit and the current entry price is $0.92136 per unit (as at 28 Mar 2023).

The minimum initial investment amount for the Platypus Absolute Return Australian Equities Ord managed fund is $20,000.

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.