Performance
Long-Only, Systematic Australian Equity Strategy
The historical performance shown is that of the Avangard Alpha Fund managed by Avangard Capital. Effective 1 July 2026, the same systematic investment strategy will be implemented through the Avangard Systematic Australian Equity Fund, managed by Avangard Investments.
Continuity of capability
From inception on 23 January 2025 to 30 June 2026, the performance shown relates to the original fund managed by Avangard Capital. It uses the same systematic Australian equity strategy by the same portfolio manager and investment team.
From 1 July 2026, the Avangard Systematic Australian Equity Fund employs similar strategy, managed by Avangard Investments with no material changes to the core investment process, research methodology, or implementation. The transition reflects an enhanced fund structure designed to strengthen governance, operational efficiency, and investor alignment.
Historical performance is presented to illustrate the track record of the underlying strategy. While the fund structure has evolved, the investment strategy, team, and process responsible for generating returns remain consistent. Past performance is not a reliable indicator of future performance.
Cumulative Performance
Growth of $1,000,000
Systematic Australian equity strategy vs Benchmark - since inception, after management and performance fees.
The historical performance shown is that of the Avangard Alpha Fund managed by Avangard Capital. Effective 1 July 2026, the same systematic investment strategy will be implemented through the Avangard Systematic Australian Equity Fund, managed by Avangard Investments.
Returns
Fund vs Benchmark
| Time Frame | Fund | Benchmark | Outperformance (Ξ±) |
|---|
Returns are net of management fees. Current to . Inception date: .
The historical performance shown is that of the Avangard Alpha Fund managed by Avangard Capital. Effective 1 July 2026, the same systematic investment strategy will be implemented through the Avangard Systematic Australian Equity Fund, managed by Avangard Investments.
Performance Table
Monthly Fund Performance (Net of Fees)
| Year | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | FYTD |
|---|
Monthly percentage returns for the Avangard Alpha Fund, reported net of management fees, from fund inception onwards.
- Fund performance figures are reported net of management fees and performance fees, but do not account for rebates, or taxes.
- The strategy began trading on 23 January 2025, so the results for January 2025 reflect a partial month.
- The historical performance shown is that of the Avangard Alpha Fund managed by Avangard Capital. Effective 1 July 2026, the same systematic investment strategy will be implemented through the Avangard Systematic Australian Equity Fund, managed by Avangard Investments.
Unit Prices
Monthly Unit Prices & NAV History
| Year | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|
Historical monthly unit prices and NAV shown herein relate to the Avangard Alpha Fund, which commenced on and was managed by Avangard Capital, based on an initial unit price of 1.0000. Effective 1 July 2026, unit prices and NAV relate to the Avangard Systematic Australian Equity Fund, managed by Avangard Investments, which continues the same underlying systematic Australian equity strategy.