InvestSMART

Pzena Global Focused Value Wholesale - Managed Fund

Fund Objective
The Investment Manager is a bottom-up, value-oriented equity manager that seeks to invest in good businesses at low prices, focusing exclusively on companies that are underperforming their historically demonstrated earnings power. To pursue its objective, the Investment Manager invests primarily in equity securities of issuers located in countries throughout the world including the United States. These securities may be listed or traded in the United States, on foreign stock exchanges or over the counter.
Fund Strategy
The Investment Manager is a bottom-up, value-oriented equity manager that seeks to invest in good businesses at low prices, focusing exclusively on companies that are underperforming their historically demonstrated earnings power. To pursue its objective, the Investment Manager invests primarily in equity securities of issuers located in countries throughout the world including the United States. These securities may be listed or traded in the United States, on foreign stock exchanges or over the counter.

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 -5.22% -4.54% 0.5% 5.1% 9.05% 12.33% 10.75% -%
Growth return -99.99% -99.99% -99.99% -99.99% -98.85% -94.66% -82.31% -%
Income return 94.77% 95.45% 100.49% 105.09% 107.9% 106.99% 93.06% -%
Market index (MSCI World Ex Australia NR AUD)
Total return -2.51% -6.22% -3.83% 8.14% 10.17% 16.04% 12.71% 13.19%
As at 31 Mar 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pzena Global Focused Value Wholesale
International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.07%
Australian Equities
6.64%
Cash
1.79%
Property & Infrastructure
0.21%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
Pzena Global Focused Value Wholesale
ETL0484AU
Equity World Large Value
starstarstar (as at 28 Feb 2026)
Investment Fund
30 Jan 2020
$755.99 million (as at 1 Apr 2026)
$1.4812 (as at 1 Apr 2026)
$1.4745 (as at 1 Apr 2026)
Open
Offer information
Type Description
MER 0.85% (as at 5 Jun 2025)
Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2025)
Minimum initial investment $25,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025) Type % of Portfolio
Samsung Electronics Co Ltd Equity 3.60%
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FAQs about the Pzena Global Focused Value Wholesale

The objective of the Pzena Global Focused Value Wholesale managed fund is The Investment Manager is a bottom-up, value-oriented equity manager that seeks to invest in good businesses at low prices, focusing exclusively on companies that are underperforming their historically demonstrated earnings power. To pursue its objective, the Investment Manager invests primarily in equity securities of issuers located in countries throughout the world including the United States. These securities may be listed or traded in the United States, on foreign stock exchanges or over the counter.

The strategy of the Pzena Global Focused Value Wholesale managed fund is The Investment Manager is a bottom-up, value-oriented equity manager that seeks to invest in good businesses at low prices, focusing exclusively on companies that are underperforming their historically demonstrated earnings power. To pursue its objective, the Investment Manager invests primarily in equity securities of issuers located in countries throughout the world including the United States. These securities may be listed or traded in the United States, on foreign stock exchanges or over the counter.

The APIR code of the Pzena Global Focused Value Wholesale managed fund is ETL0484AU.

Pzena Global Focused Value Wholesale’s total return last month was -5.22%. This was made up of a growth return of -99.99% and an income return of 94.77%. These returns were calculated as at 31 Mar 2026.

Pzena Global Focused Value Wholesale’s total return for the last three months was -4.54%. This was made up of a growth return of -99.99% and an income return of 95.45%%. These returns were calculated as at 31 Mar 2026.

Pzena Global Focused Value Wholesale’s one-year total return is 5.1%. This was made up of a growth return of -99.99% and an income return of 105.09%. These returns were calculated as at 31 Mar 2026.

Pzena Global Focused Value Wholesale’s one-year total return is 12.33%. This was made up of a growth return of -94.66% and an income return of 106.99%. These returns were calculated as at 31 Mar 2026.

The asset allocation of the Pzena Global Focused Value Wholesale managed fund is :

International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Pzena Global Focused Value Wholesale managed fund belongs to the Equity World Large Value sector/asset class.

As at 1 Apr 2026, the size of the Pzena Global Focused Value Wholesale managed fund was $755.99 million.

The Pzena Global Focused Value Wholesale managed fund has an inception date of 30 Jan 2020.

The current entry price of the Pzena Global Focused Value Wholesale managed fund is $1.4812 per unit and the current exit price is $1.4745 per unit (as at 1 Apr 2026).

The current exit price of the Pzena Global Focused Value Wholesale managed fund is $1.4745 per unit and the current entry price is $1.4812 per unit (as at 1 Apr 2026).

The minimum initial investment amount for the Pzena Global Focused Value Wholesale managed fund is $25,000. Minimum additional investment is $1000.

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.