Select International Alpha Fund - Managed Fund

Fund Objective

The Fund aims to deliver long-term capital growth by taking long and short positions primarily in equities or equity related derivative contracts of the broad technology sector.

Fund Strategy

The investment objective of the Fund is to achieve long-term capital appreciation. The Fund seeks to achieve this objective by taking long and short positions primarily in equities or equity related derivative contracts of a broad technology related sector. Access to this sector will initially, be gained by holding units in the GAM Star Alpha Technology Fund until such time that funds under management are sufficient to hold equity positions directly.

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.

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Fees Comparison

% p.a.

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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	-0.16%	3.2%	3.2%	16.87%	13.01%	13.45%	7.54%	4.76%
Growth return	-0.16%	3.2%	3.2%	16.87%	13.01%	13.36%	6.77%	1.49%
Income return	0%	0%	0%	0%	0%	0.09%	0.77%	3.27%
Market index (MSCI World Ex Australia NR AUD)
Total return	0.92%	6.62%	5.1%	20.06%	19.45%	20.5%	15.74%	12.6%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Select International Alpha Fund

International Equities: 42.11%

Cash: 43.77%

Fixed Interest: 14.12%

Australian Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 95.75%

Cash: 1.75%

Fixed Interest: 0%

Australian Equities: 1.20%

Property & Infrastructure: 1.16%

Alternatives: 0.15%

General Information

Fund Details

Type	Description
Fund Name	Select International Alpha Fund
Responsible Entity	K2 Asset Management Ltd
APIR Code	ETL0046AU
Sector/Asset Class	Equity World Long Short
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	31 Dec 2004
Fund Size	$17.74 million (as at 10 Sep 2025)
Entry Price	$170.74 (as at 10 Sep 2025)
Exit Price	$169.88 (as at 10 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	3.85% (as at 27 Mar 2025)
Indirect Cost Ratio (ICR)	3.56% (as at 30 Jun 2024)
Performance fee (not included in ICR)	0.39
Minimum initial investment	$20,000
Minimum additional investments	$10,000.00
Minimum redemption amount	$10,000.00

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025)	Type	% of Portfolio
Plus500 Ltd	Equity	3.97%
Login now to view the complete list of holdings.

FAQs about the Select International Alpha Fund

What is the objective of the Select International Alpha Fund managed fund?

The objective of the Select International Alpha Fund managed fund is The Fund aims to deliver long-term capital growth by taking long and short positions primarily in equities or equity related derivative contracts of the broad technology sector.

What is the strategy for the Select International Alpha Fund managed fund?

The strategy of the Select International Alpha Fund managed fund is The investment objective of the Fund is to achieve long-term capital appreciation. The Fund seeks to achieve this objective by taking long and short positions primarily in equities or equity related derivative contracts of a broad technology related sector. Access to this sector will initially, be gained by holding units in the GAM Star Alpha Technology Fund until such time that funds under management are sufficient to hold equity positions directly.

What is the APIR code of the Select International Alpha Fund managed fund?

The APIR code of the Select International Alpha Fund managed fund is ETL0046AU.

What was Select International Alpha Fund’s total return last month?

Select International Alpha Fund’s total return last month was -0.16%. This was made up of a growth return of -0.16% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was Select International Alpha Fund’s total return for the last three months?

Select International Alpha Fund’s total return for the last three months was 3.2%. This was made up of a growth return of 3.2% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

What is Select International Alpha Fund’s one-year total return?

Select International Alpha Fund’s one-year total return is 16.87%. This was made up of a growth return of 16.87% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What is Select International Alpha Fund’s three-year total return?

Select International Alpha Fund’s one-year total return is 13.45%. This was made up of a growth return of 13.36% and an income return of 0.09%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Select International Alpha Fund managed fund?

The asset allocation of the Select International Alpha Fund managed fund is :

International Equities: 42.11%

Cash: 43.77%

Fixed Interest: 14.12%

Australian Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the Select International Alpha Fund managed fund?

The Responsible Entity for the Select International Alpha Fund managed fund is K2 Asset Management Ltd.

What sector/asset class does the Select International Alpha Fund managed fund belong to?

The Select International Alpha Fund managed fund belongs to the Equity World Long Short sector/asset class.

What is the size of the Select International Alpha Fund managed fund?

As at 10 Sep 2025, the size of the Select International Alpha Fund managed fund was $17.74 million.

What is the inception date of the Select International Alpha Fund managed fund?

The Select International Alpha Fund managed fund has an inception date of 31 Dec 2004.

What is the current entry price of the Select International Alpha Fund managed fund?

The current entry price of the Select International Alpha Fund managed fund is $170.74 per unit and the current exit price is $169.88 per unit (as at 10 Sep 2025).

What is the current exit price of the Select International Alpha Fund managed fund?

The current exit price of the Select International Alpha Fund managed fund is $169.88 per unit and the current entry price is $170.74 per unit (as at 10 Sep 2025).

What is the minimum investment amount for the Select International Alpha Fund managed fund?

The minimum initial investment amount for the Select International Alpha Fund managed fund is $20,000. Minimum additional investment is $10000.

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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