Polaris Global Equity No.2 Fund Class I - Managed Fund

Fund Objective

The Fund provides exposure to a diversified portfolio of global equities which may include emerging markets and small-capitalisation companies by investing in the Polaris Global Equity Fund (Underlying Fund). The Underlying Fund is actively managed using a, fundamental, research driven approach to build a diversified portfolio of companies that Polaris believes: • demonstrate strong, sustainable, cash flow generation, and • are priced at a meaningful discount to their intrinsic value.

Fund Strategy

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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	2.96%	4.09%	9.9%	24.11%	15.94%	15.99%	-%	-%
Growth return	0.64%	5.11%	9.07%	7.59%	10.15%	11.08%	-%	-%
Income return	2.32%	-1.02%	0.83%	16.52%	5.79%	4.91%	-%	-%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return	0.87%	5.67%	9.66%	13.17%	16.48%	15.02%	12.89%	11.13%

As at 30 Apr 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Polaris Global Equity No.2 Fund Class I

International Equities: 98.78%

Cash: 1.22%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 96.31%

Cash: 1.05%

Australian Equities: 2.49%

Property & Infrastructure: 0.20%

Fixed Interest: -0.10%

Alternatives: 0.04%

General Information

Fund Details

Type	Description
Fund Name	Polaris Global Equity No.2 Fund Class I
Responsible Entity	Macquarie Investment Management Aus Ltd.
APIR Code	MAQ9094AU
Sector/Asset Class	Equity World - Currency Hedged
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	15 Aug 2022
Fund Size	$99.02 million (as at 31 Mar 2026)
Entry Price	$1.5416 (as at 11 May 2026)
Exit Price	$1.5361 (as at 11 May 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.75% (as at 14 Nov 2025)
Indirect Cost Ratio (ICR)	0.75% (as at 30 Jun 2023)
Minimum initial investment	$10,000,000

Top 10 holdings (as at 30 Apr 2026)

Holding (as at 30 Apr 2026)	Type	% of Portfolio
SK Hynix Inc		4.14%
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FAQs about the Polaris Global Equity No.2 Fund Class I

What is the objective of the Polaris Global Equity No.2 Fund Class I managed fund?

The objective of the Polaris Global Equity No.2 Fund Class I managed fund is The Fund provides exposure to a diversified portfolio of global equities which may include emerging markets and small-capitalisation companies by investing in the Polaris Global Equity Fund (Underlying Fund). The Underlying Fund is actively managed using a, fundamental, research driven approach to build a diversified portfolio of companies that Polaris believes: • demonstrate strong, sustainable, cash flow generation, and • are priced at a meaningful discount to their intrinsic value.

What is the strategy for the Polaris Global Equity No.2 Fund Class I managed fund?

The strategy of the Polaris Global Equity No.2 Fund Class I managed fund is The Fund provides exposure to a diversified portfolio of global equities which may include emerging markets and small-capitalisation companies by investing in the Polaris Global Equity Fund (Underlying Fund). The Underlying Fund is actively managed using a, fundamental, research driven approach to build a diversified portfolio of companies that Polaris believes: • demonstrate strong, sustainable, cash flow generation, and • are priced at a meaningful discount to their intrinsic value.

What is the APIR code of the Polaris Global Equity No.2 Fund Class I managed fund?

The APIR code of the Polaris Global Equity No.2 Fund Class I managed fund is MAQ9094AU.

What was Polaris Global Equity No.2 Fund Class I’s total return last month?

Polaris Global Equity No.2 Fund Class I’s total return last month was 2.96%. This was made up of a growth return of 0.64% and an income return of 2.32%. These returns were calculated as at 30 Apr 2026.

What was Polaris Global Equity No.2 Fund Class I’s total return for the last three months?

Polaris Global Equity No.2 Fund Class I’s total return for the last three months was 4.09%. This was made up of a growth return of 5.11% and an income return of -1.02%%. These returns were calculated as at 30 Apr 2026.

What is Polaris Global Equity No.2 Fund Class I’s one-year total return?

Polaris Global Equity No.2 Fund Class I’s one-year total return is 24.11%. This was made up of a growth return of 7.59% and an income return of 16.52%. These returns were calculated as at 30 Apr 2026.

What is Polaris Global Equity No.2 Fund Class I’s three-year total return?

Polaris Global Equity No.2 Fund Class I’s one-year total return is 15.99%. This was made up of a growth return of 11.08% and an income return of 4.91%. These returns were calculated as at 30 Apr 2026.

What is the asset allocation of the Polaris Global Equity No.2 Fund Class I managed fund?

The asset allocation of the Polaris Global Equity No.2 Fund Class I managed fund is :

International Equities: 98.78%

Cash: 1.22%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Polaris Global Equity No.2 Fund Class I managed fund?

The Responsible Entity for the Polaris Global Equity No.2 Fund Class I managed fund is Macquarie Investment Management Aus Ltd..

What sector/asset class does the Polaris Global Equity No.2 Fund Class I managed fund belong to?

The Polaris Global Equity No.2 Fund Class I managed fund belongs to the Equity World - Currency Hedged sector/asset class.

What is the size of the Polaris Global Equity No.2 Fund Class I managed fund?

As at 31 Mar 2026, the size of the Polaris Global Equity No.2 Fund Class I managed fund was $99.02 million.

What is the inception date of the Polaris Global Equity No.2 Fund Class I managed fund?

The Polaris Global Equity No.2 Fund Class I managed fund has an inception date of 15 Aug 2022.

What is the current entry price of the Polaris Global Equity No.2 Fund Class I managed fund?

The current entry price of the Polaris Global Equity No.2 Fund Class I managed fund is $1.5416 per unit and the current exit price is $1.5361 per unit (as at 11 May 2026).

What is the current exit price of the Polaris Global Equity No.2 Fund Class I managed fund?

The current exit price of the Polaris Global Equity No.2 Fund Class I managed fund is $1.5361 per unit and the current entry price is $1.5416 per unit (as at 11 May 2026).

What is the minimum investment amount for the Polaris Global Equity No.2 Fund Class I managed fund?

The minimum initial investment amount for the Polaris Global Equity No.2 Fund Class I managed fund is $10,000,000.

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.

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