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

APIR Code
ETL8096AU
Distribution Frequency
Semi-Annually
Management Fee*
0.99% p.a.
Performance Fee**
15% p.a.

*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.

Buy Sell Spread
+/- 0.30%
Minimum Investment
$20,000
Stock Range^
Long 20–60, Short 0–50
Cash Range^
0–20%

^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 January 2024

1M
3M
1Y
3Y
5Y
Since Inception
Inception Date
Equity Alpha Plus FundBenchmark (3)Value Add

2.17%

1.19%

0.98%

12.88%

13.99%

-1.11%

6.16%

7.09%

-0.93%

15.79%

9.56%

6.23%

-

-

-

13.49%

6.95%

6.54%

12 Jul 2019

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
Application ($)
Redemption ($)
Effective Date
History
ETL0365AU
Paradice Global Small Cap Fund
2.2561
2.2427
22/02/2024
ETL0739AU
Paradice Australian Small Cap Fund - Class B
1.2376
1.2302
22/02/2024
ETL2741AU
Paradice Global Emerging Markets Fund- Class A
1.2111
1.2015
16/02/2024
ETL4624AU
Paradice Australian Small Cap Opportunities Fund Class A
1.1198
1.1132
22/02/2024
ETL8084AU
Paradice Australian Equities Fund
1.3464
1.3410
22/02/2024
ETL8096AU
Paradice Equity Alpha Plus Fund
1.2940
1.2862
22/02/2024
ETL8772AU
Paradice Australian Mid Cap Fund - Class B
1.1112
1.1056
22/02/2024

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:
  •  The Product Disclosure Statement (PDS), Application Form and, Anti Money Laundering (AML/CTF).

    • PDS AU Read here
    • PDS NZ Read here

  • The Target Market Determination Read here
  • The Financial Services Guide Read here

 

 

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.

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