Equity Alpha Plus
Overview
The Paradice Equity Alpha Plus Fund primarily invests in securities that are listed on the Australian, and New Zealand stock exchanges (or soon to be listed) – long and short – that are generally chosen from the S&P/ASX 200 Index.
The Fund may also invest in international securities (i.e. non-Australian). The Fund’s exposure to international securities will not exceed 25% of the Fund’s market value. The Fund’s long/short investment style is designed to enhance returns and manage downside risks.
The Fund may also invest in exchange traded derivatives to manage risk and cash or cash equivalents.
Objective
The Paradice Equity Alpha Plus Fund aims to outperform the S&P/ASX 200 Total Return Index (after fees and before taxes) over the long term.
Fund Details
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APIR Code |
ETL8096AU |
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Distribution Frequency |
Semi-Annually |
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Management Fee* |
0.99% p.a. |
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Performance Fee** |
15% p.a. |
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*The management fee is effective 3 April 2020. Prior to this date the management fee was 1.15% p.a.
**Applies to the investment performance achieved by the Fund (after management fees and costs) in excess of the Benchmark. Refer to PDS for more information.
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Buy Sell Spread |
+/- 0.30% |
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Minimum Investment |
$20,000 |
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Stock Range^ |
Long 20–60, Short 0–50 |
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Cash Range^ |
0–20% |
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^These are typical target ranges, and do not represent the prescribed stock and cash limitations set for the Fund
Lead Portfolio Manager
Tom Richardson
Tom Richardson is the Lead Portfolio Manager for the Paradice Equity Alpha Plus Fund and a Portfolio Manager/Analyst in the Paradice Australian Equities team. Tom joined Paradice in June 2019 from Watermark Funds Management where he was a Portfolio Manager for their domestic and international long/short strategies. Prior to this he was a Trader and Analyst at Renaissance Asset Management where he focused on small cap Australian companies. Tom has 16 years’ finance experience and holds a Bachelor of Aerospace Engineering from the University of Sydney and is a CFA® Charterholder.
Latest Fund Factsheet
Performance History
Net Returns as at 31 March 2024
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1M
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3M
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1Y
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3Y
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5Y
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Since Inception
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Inception Date
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|---|---|---|---|---|---|---|---|
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Equity Alpha Plus FundBenchmark (3)Value Add
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5.13% 3.27% 1.86% |
6.71% 5.33% 1.38% |
13.78% 14.45% -0.67% |
14.27% 9.62% 4.65% |
- - - |
14.04% 7.61% 6.43% |
12 Jul 2019
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Benchmark: S&P/ASX200 Total Return Index
Past performance of the Fund is not a reliable indicator of future performance. The value of an investment in the Fund may rise or fall. Returns are not guaranteed by any person. Fund returns are calculated before tax and after ongoing management costs. Returns are annualised for time periods greater than 1 year. All returns are denoted in Australian dollars. For further information please refer to our Terms & Conditions page.
Daily Fund Unit Prices
Buy and sell prices for units in each of our funds are set daily.
|
APIR Code / Fund
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Application ($)
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Redemption ($)
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Effective Date
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History
|
|---|---|---|---|---|
|
ETL0365AU
Paradice Global Small Cap Fund
|
2.2446
|
2.2312
|
24/04/2024
|
|
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ETL0739AU
Paradice Australian Small Cap Fund - Class B
|
1.3344
|
1.3264
|
24/04/2024
|
|
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ETL4624AU
Paradice Australian Small Cap Opportunities Fund Class A
|
1.1979
|
1.1907
|
24/04/2024
|
|
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ETL8084AU
Paradice Australian Equities Fund
|
1.3983
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1.3927
|
24/04/2024
|
|
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ETL8096AU
Paradice Equity Alpha Plus Fund
|
1.3504
|
1.3424
|
24/04/2024
|
|
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ETL8772AU
Paradice Australian Mid Cap Fund - Class B
|
1.1443
|
1.1385
|
24/04/2024
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Reports & Documents
To view more of our reports and statements for the Fund please visit our Investor Centre.
Ready to Invest?
Individual investors
To begin investing please ensure that you have read the documents below including our Product Disclosure Statement (PDS) in which you will find The Application Form and Anti Money Laundering (AML/CTF) identity verification requirements:
To invest in our funds using our online application click below:
Alternatively, to submit your application via post, please send the completed Application Form and applicable AML/CTF documentation to:
Unit Registry Services – Paradice Investment Management
GPO Box 804, Melbourne VIC 3001
Financial advisers
For more information on available platforms please speak with our Representative on +612 8227 7400
Need some support?
If you have any questions regarding your existing investment or queries on making a new investment, please speak to one of our friendly staff or email us.
