InvestSMART

Tosca (AF) Ordinary AUD - Managed Fund (Closed)

Fund Strategy
The investment objective of the Company is to achieve a superior total return through capital appreciation with an annualised target return of more than 15%. The Investment Manager will seek to achieve the target return by following a strategy of investing in companies globally. Such companies will primarily be involved in financial services and associated business sectors. The Investment Manager will pursue 'long' and 'short' investment strategies, normally with a net market exposure for the Company ranging between 50% net long and 50% net sho

Fund Performance Comparison

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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

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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 -0.41% -1.72% -3.82% -8.85% -0.81% -% -% -%
Growth return -0.41% -1.72% -3.82% -8.85% -0.81% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 1.99% 6.14% 12.44% 23.03% 23.12% 22.63% 16.27% 13.14%
As at 29 Feb 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
0.15%
Australian Equities
1.42%
International Equities
95.50%
Cash
1.78%
Property & Infrastructure
1.16%
Fixed Interest
0%

General Information

Fund Details
Type Description
Tosca (AF) Ordinary AUD
Closed
QMG0827AU
Equity World Long Short
Not Rated
Investment Fund
1 Feb 2021
$11.58 million (as at 31 Dec 2023)
$1.01878 (as at 29 Feb 2024)
$1.01878 (as at 29 Feb 2024)
Finalised
Offer information
Type Description
MER 1.94% (as at 1 Sep 2023)
Indirect Cost Ratio (ICR) 2.63% (as at 31 Dec 2023)
Performance fee (not included in ICR) 0.69
Minimum initial investment $500,000
Minimum additional investments $100,000

Top 10 holdings (as at 30 Sep 2023)

Holding (as at 30 Sep 2023) Type % of Portfolio
Option on Euro Stoxx 50 Equity Index - Option (Put) 31%
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FAQs about the Tosca (AF) Ordinary AUD

The objective of the Tosca (AF) Ordinary AUD managed fund is

The strategy of the Tosca (AF) Ordinary AUD managed fund is The investment objective of the Company is to achieve a superior total return through capital appreciation with an annualised target return of more than 15%. The Investment Manager will seek to achieve the target return by following a strategy of investing in companies globally. Such companies will primarily be involved in financial services and associated business sectors. The Investment Manager will pursue 'long' and 'short' investment strategies, normally with a net market exposure for the Company ranging between 50% net long and 50% net sho

The APIR code of the Tosca (AF) Ordinary AUD managed fund is QMG0827AU.

Tosca (AF) Ordinary AUD’s total return last month was -0.41%. This was made up of a growth return of -0.41% and an income return of 0%. These returns were calculated as at 29 Feb 2024.

Tosca (AF) Ordinary AUD’s total return for the last three months was -1.72%. This was made up of a growth return of -1.72% and an income return of 0%%. These returns were calculated as at 29 Feb 2024.

Tosca (AF) Ordinary AUD’s one-year total return is -8.85%. This was made up of a growth return of -8.85% and an income return of 0%. These returns were calculated as at 29 Feb 2024.

Tosca (AF) Ordinary AUD’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 29 Feb 2024.

The asset allocation of the Tosca (AF) Ordinary AUD managed fund is :

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

The Tosca (AF) Ordinary AUD managed fund belongs to the Equity World Long Short sector/asset class.

As at 31 Dec 2023, the size of the Tosca (AF) Ordinary AUD managed fund was $11.58 million.

The Tosca (AF) Ordinary AUD managed fund has an inception date of 1 Feb 2021.

The current entry price of the Tosca (AF) Ordinary AUD managed fund is $1.01878 per unit and the current exit price is $1.01878 per unit (as at 29 Feb 2024).

The current exit price of the Tosca (AF) Ordinary AUD managed fund is $1.01878 per unit and the current entry price is $1.01878 per unit (as at 29 Feb 2024).

The minimum initial investment amount for the Tosca (AF) Ordinary AUD managed fund is $500,000. Minimum additional investment is $100000.

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.