Loftus Peak Global Disruption Hedged Active ETF

APIR: ETL9930AU

ASX: LPHD

A diversified, quality biased portfolio investing in listed global companies that are driving disruption globally.

The Fund intends to substantially hedge the capital component of the foreign currency exposure of the Fund arising from investments in overseas markets back to Australian dollars.

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Monthly Update - Factsheet

ASX: LPHD

$9.2765

Indicative NAV per unit*

9 Apr 2026 04:29:59 PM

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Fund Overview

The Loftus Peak Global Disruption Hedged Active ETF invests in global companies driving industry change, such as Nvidia, first bought in 2016. As well as Microsoft and Broadcom, the diverse portfolio also includes many less well-understood companies which are expected to be household names in the future, such as Advanced Micro Devices and CATL. This global approach aims to reduce concentration risk often associated with home-biased Australian portfolios.

It is our intention to substantially hedge the capital component of the foreign currency exposure of the Fund arising from investments in overseas markets back to Australian dollars.

LPHD is ‘dual access’ — buy and sell units on the ASX (code: LPHD), or invest directly through the administrator with a $5,000 minimum.

Fund Holdings (as at 28 February 2026) — Holdings are released to the ASX monthly with a one-month lag. View latest holdings →

Latest Monthly Update - Factsheet

Fund Update History

Fund Performance

Table

Chart

Performance Summary as at 31 March 2026*

	1m	3m	6m	1y	3y p.a.	5y p.a.	7y p.a.	Inception p.a.
Fund (net-of-fees)	-4.26%	-4.64%	-5.27%	+21.88%	+21.64%	-	-	+19.99%
Benchmark	-6.37%	-2.70%	+0.85%	+18.99%	+16.12%	-	-	+14.84%
Outperformance (net-of-fees)	+2.11%	-1.94%	-6.12%	+2.90%	+5.52%	-	-	+5.15%

Source: Loftus Peak, MSCI. Net-of-fees performance for the Loftus Peak Global Disruption Hedged Active ETF is based on end-of-month redemption prices after the deduction of fees and expenses and the reinvestment of all distributions. Investment return and the principal value fluctuate, so your units, when sold, may be worth more or less than the original cost. For further details, please refer to the Fund’s Product Disclosure Statement. The benchmark for the Fund is the MSCI All Countries World Index (net dividends reinvested) hedged to Australian dollars. Past performance is not a reliable indicator of future performance. Returns greater than one-year are annualised.

Fund Information

Listed Global Equities

Investment Universe

1 July 2022

Inception Date

$94m

Fund Size

as at 31 Mar 2026

15-35

No. of Investments

1.20% p.a.

Management Fee¹

(inc. GST)

15%

Performance Fee¹ ²

Annually

Distribution

MSCI All Countries World Index

(net dividends reinvested) hedged to AUD

Benchmark

ASX Code: LPHD

ARSN: 098 764 080

APIR: ETL9930AU

1. Management fees are inclusive of Goods and Services Tax (GST) and net of any Reduced Input Tax Credits (RITC). See the Product Disclosure Statement for more details as to how the relevant fees and costs are calculated.
2. 15% in excess of the hurdle return with a high watermark payable six monthly as at 30 June and 31 December each year.

Investment Management Leadership

Alex Pollak

CIO and Founder

With 25 years’ experience in disruptive business models gained during a career with Macquarie Bank, Alex heads one of the best-performing teams in global investment management in Australia.

He has a deep understanding of the mechanisms through which disruption changes business models and the impact it has on company valuation, with an acknowledged record of identifying thematics early in the investment cycle.

Anshu Sharma

Portfolio Manager and Founder

Anshu began his career more than 15 years ago as a global investment analyst, covering companies that have now been at the forefront of disruption for over a decade. He later assumed a similar role with a focus on the Asian market, gaining a unique perspective on the global scale and impact of disruptive businesses. In 2014, Anshu became one of the founding members of Loftus Peak and has served as Portfolio Manager of the global disruption strategy since 2015.

At Loftus Peak, his focus has been on developing and executing a repeatable investment process that identifies, values, and risk-adjusts portfolio positions to stay ahead of the market.

Anshu holds a Master of Commerce from the University of New South Wales and a Bachelor of Commerce (Honours) from Delhi University. He is also a Chartered Financial Analyst® and holds the CIPM® certificate.

Harry Morrow

Senior Investment Analyst

Harry joined Loftus Peak as an analyst in 2018. He is a member of the investment team, with a focus on streaming, digital advertising and health sciences. He supports the Portfolio Manager and Chief Investment Officer through thematic, industry and company analysis as well as modelling for potential and current portfolio holdings.

He has graduated from the University of Sydney with a Bachelor of Commerce, majoring in Finance and Commercial Law. Harry is a CFA Charterholder.

Raymond Tong

Head of Research

Raymond joined Loftus Peak in March 2024 as Head of Research. Raymond has a strong background in the disruption thematic having developed and managed global disruption portfolios for Orca Funds Management and Evans and Partners Financial Group since 2017. Prior to this, Raymond was a well regarded research analyst at Goldman Sachs, covering the telecom, internet and media sectors.

Raymond has a Bachelor of Mechanical Engineering (Honours) and Commerce (Finance) from the University of Melbourne and has a Chartered Financial Analyst® designation.

View full team

Fund Information

Global Equities

Investment Universe

15 November 2016

Fund Inception

$786m

Fund Size

1.20% per annum (inc. GST)

Management Fees¹

15%

Performance Fees^1,²

Monthly

Fund Updates

Annually

Distribution Frequency

$5.2802

As at

9 Apr 2026 04:14:59 PM

Indicative NAV per unit**

$5.2802

As at

9 Apr 2026 04:14:59 PM

ASX Code: LPGD
ARSN: 098 764 080
APIR: MMC0110AU

Fund Identifiers

MSCI All Countries
World Index (net in AUD)

Benchmark

The risk/return profile of the Fund and benchmark differ due to differences in constituents

1. Management fees are inclusive of Goods and Services Tax (GST) and net of any Reduced Input Tax Credits (RITC). See the Product Disclosure Statement for more details as to how the relevant fees and costs are calculated.

2. 15% in excess of the hurdle return with a high watermark payable six monthly as at 30 June and 31 December each year.

** An indicative NAV per Unit (“iNAV”) for the Fund will be published throughout the ASX Trading Day. The iNAV reflects the real time movements in stock markets and currencies during the ASX Trading Day and, for securities not trading during the ASX Trading Day, listed proxy instruments selected on the basis of correlations with the underlying investments. The proxies and their correlations with underlying instruments are reviewed regularly and updated as required. The iNAV represents the best estimate by the Responsible Entity (“RE”) or its appointed agents of the value per unit in the Fund throughout the trading day. The iNAV published by the Fund is indicative only and might not accurately reflect the underlying value of the Fund. The Issuer or its appointed agents gives no guarantees that the iNAV will be published continuously or that it will be up to date or free from error. To the extent permitted by law, neither the RE or its appointed agent shall be liable to any person who relies on the iNAV.

Portfolio Construction