The Bennelong Market Neutral Fund aims to achieve consistent absolute returns, regardless of market conditions, from a portfolio of both long and short large cap Australian shares. The strategy seeks to limit exposure to market risk by adopting a predominantly cash neutral position via a series of correlated long and short paired positions.
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| APIR code | BFL0016AU |
| Reporting currency | AUD |
| Security range | 50-70 securities, actively managed in 25-35 pairs |
| Portfolio manager | Sam Shepherd |
| Client risk profile | Growth |
| Investment team | Bennelong Long Short Equity Management |
| Responsible Entity | Bennelong Funds Management Ltd AFSL 296806 Level 1, 9 Queen St, Melbourne |
| Recommended investment period | Long term (minimum five years) |
| Investment objectives | Capital growth |
| Fees and charges | Management fees and costs: 1.75% p.a. (excluding GST net of RITC) of Net Asset Value Performance Fee: 20% (plus applicable GST net of reduced input tax credits) of the increase in the Net Asset Value of the Fund, subject to a High Water Mark. Management fees and costs consist of the annual management fee rate and recoverable expenses. For a detailed split of all fees and costs, refer to the PDS. |
| Minimum investment amount | $25,000 |
| Inception date | 22 October 2015 |
Email Client Experience to obtain further information.
Email Client Experience to obtain further information.
Distribution summary 30 June 2025
| 30 June 2025 distribution CPU (cents) | N/A |
| CUM distribution exit price ($AUD) | 1.2633 |
| Ex distribution exit price ($AUD) | N/A |
| Ex distribution NAV price used for reinvestment ($AUD) | N/A |
Distribution Timetable 30 June 2025
| CUM prices available | 5/07/2025 |
| CPU distribution rate available | 12/07/2025 |
| Ex prices available | 12/07/2025 |
| Payment of cash distribution | 17/07/2025 |
| Distribution statements sent to unitholders | 17/07/2025 |
| Transaction statements sent to unitholders | 17/07/2025 |
| Tax statements sent to unitholders | 28/07/2025 |
Email Client Experience to obtain further information.
