DRAFT
Fund Review
Vinva Global Alpha Fund - Active ETF (ASX: V1AC)
Performance as at Aug 2026
Vinva Investment Management, established in Australia, is an employee-owned global firm specialising in both long-only and long-short strategies across Australian and global equity markets. It employs a systematic investment approach that leverages extensive data to inform portfolio decisions, aiming for consistent outperformance without significant sector or style biases. Vinva seeks high risk-adjusted returns by capitalising on market inefficiencies, offering opportunities for skilled active management to achieve excess returns.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | -4.51% | 8.54% | 5.81% | 6.74% | 10.45% |
| Peer Group1 | 6.62% | 12.74% | 7.78% | 10.94% | 8.55% | |
| Index2 | 9.75% | 15.63% | 10.90% | 12.73% | 8.55% | |
| Volatility | Fund | 8.12% | 10.43% | 11.54% | 11.05% | 11.32% |
| Peer Group1 | 8.60% | 9.64% | 11.04% | 11.55% | 11.01% | |
| Index2 | 12.17% | 10.63% | 11.08% | 11.08% | 11.30% | |
| 1Equity Long - Large Cap - Global, 2All Countries World Index (AUD), 3Annualised, 4Jul 2007 | ||||||
Strategy Description
The Vinva Global Alpha Fund - Active ETF aims to outperform a specific MSCI index, excluding Australia, tobacco, and controversial weapons, over three years or more, after fees. It employs an active investment strategy to generate returns from global listed securities using a systematic process. The Fund invests nearly all its assets in global listed securities or derivatives related to the Benchmark and may have some cash exposure. Foreign currency exposure is not hedged.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | MGE0001AU | Status: | Open |
| Peer Group: | Equity Long - Large Cap - Global | Inception Date: | Jul 2007 |
| Strategy: | Equity Long | Style: | Value |
| Geography: | Global | Domicile: | Australia |
| Investors: | Retail | Distributions: | Quarterly |
| Fund Size: | AU$ 3,968.54m | Manager FUM: | Undisclosed |
| Applications: | Daily, Initial: AU$ 25 | Redemptions: | Daily |
| Management Fee: | 0.89% (PG avg: 0.91%) | Performance Fee: | 0.00% (PG avg: 6.13%) |
| Buy/Sell Spread: | 0.15%/0.15% (PG avg: 0.16%/0.15%) | Hurdle: | MSCI World Net Total Return Index (AUD) |
| Early Redemption Fee | No | High Water Mark: | No |
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
Vinva Global Alpha Fund - Active ETF (ASX: V1AC)
Performance vs Equity Long - Large Cap - Global and All Countries World Index (AUD)
Since inception in Jul 2007, the Fund has returned 10.45% p.a. vs the Peer Group's return over the same period of 8.55%. Over the past 12 months, the Fund has returned -4.51% vs the Peer Group's 6.62%. For the 3, 5 and 7 year periods, the Fund has returned 8.54%, 5.81% and 6.74% respectively vs the Peer Group's returns of 12.74%, 7.78% and 10.94% respectively. The Fund's returns have been delivered with a volatility of 11.32% p.a. vs the Peer Group's 11.01%.
Only seven years of data shown. Click here to view all data.
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.99 | -1.85 | -4.25 | 3.24 | 0.69 | 2.14 | -0.45 | 0.35 | NA | NA | NA | NA | -5.29 |
| 2025 | 3.77 | -1.08 | -4.75 | -1.90 | 5.62 | 1.59 | 0.15 | -0.89 | 0.76 | 1.48 | 0.14 | -1.53 | 3.00 |
| 2024 | 6.35 | 6.42 | 1.45 | -2.85 | 0.59 | 2.89 | 2.89 | -0.42 | -1.12 | 2.66 | 4.91 | 2.89 | 29.62 |
| 2023 | 2.89 | 0.46 | 6.07 | 5.31 | -0.23 | 2.56 | -0.13 | 2.30 | -5.51 | 1.79 | 4.19 | 0.90 | 22.05 |
| 2022 | -2.85 | -7.22 | -2.83 | -0.61 | -2.19 | -3.11 | 6.13 | -3.32 | -3.06 | 6.00 | 2.87 | -5.83 | -15.74 |
| 2021 | -0.79 | -0.67 | 4.85 | 4.48 | -1.05 | 4.49 | 3.76 | 0.99 | -4.15 | 1.23 | 1.99 | 3.08 | 19.28 |
| 2020 | 6.56 | -3.44 | -3.95 | 1.77 | 1.78 | -1.60 | 0.90 | 2.26 | 0.23 | 0.38 | -1.26 | -3.18 | -0.02 |
| 2019 | 2.52 | 3.74 | 3.67 | 5.02 | -2.68 | 5.03 | 3.89 | 2.29 | -1.28 | -0.52 | 4.61 | -0.91 | 28.05 |
| 2018 | 1.82 | 0.41 | -1.54 | 1.70 | 2.76 | 2.78 | 2.06 | 6.42 | 0.35 | -2.66 | -2.07 | -2.25 | 9.82 |
| 2017 | -2.61 | 2.17 | 1.87 | 4.69 | 3.26 | -3.57 | -2.12 | 1.94 | 1.73 | 4.99 | 3.45 | -1.93 | 14.23 |
| 2016 | -1.50 | -1.48 | -1.90 | -0.80 | 6.62 | -5.66 | 2.87 | 1.69 | -1.57 | -0.88 | 3.49 | 3.38 | 3.71 |
| 2015 | 2.78 | 5.51 | 0.63 | -0.94 | 4.25 | -2.75 | 8.16 | -2.10 | -1.31 | 4.39 | -1.59 | -2.03 | 15.26 |
| 2014 | -2.04 | 2.75 | -3.62 | -0.33 | 1.17 | -0.87 | -0.26 | 0.97 | 5.39 | -0.67 | 7.95 | 3.80 | 14.54 |
| 2013 | 4.80 | 3.41 | 1.92 | 2.99 | 10.06 | 3.05 | 5.45 | -2.14 | -1.51 | 1.88 | 6.36 | 4.64 | 48.69 |
| 2012 | -3.36 | 4.32 | 8.23 | 0.45 | 1.70 | -1.94 | -0.33 | 4.18 | 1.70 | 0.46 | 1.22 | 0.81 | 18.31 |
| 2011 | 1.83 | 0.67 | -1.92 | -1.48 | 2.80 | -0.32 | -2.25 | 0.52 | 4.25 | -0.84 | 3.48 | 2.92 | 9.80 |
| 2010 | 0.42 | -0.69 | 3.81 | -0.73 | 2.13 | -3.41 | 0.13 | -0.09 | -2.19 | 4.84 | 0.78 | -2.27 | 2.41 |
| 2009 | -0.08 | -5.75 | -1.49 | 4.99 | -1.86 | -0.75 | 5.27 | 1.72 | -0.76 | 0.57 | 3.50 | 1.58 | 6.59 |
| 2008 | -1.71 | -5.95 | 2.80 | 1.93 | -1.40 | -9.70 | 4.24 | 9.09 | 6.57 | 1.00 | -5.81 | -2.10 | -2.65 |
| 2007 | NA | NA | NA | NA | NA | NA | -2.85 | 5.59 | -4.13 | -1.94 | 1.01 | -1.48 | -4.03 |
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | -4.51% | 8.54% | 5.81% | 6.74% | 10.45% |
| Peer Group | 6.62% | 12.74% | 7.78% | 10.94% | 8.55% | |
| Index2 | 9.75% | 15.63% | 10.90% | 12.73% | 8.55% | |
| Volatility | Fund | 8.12% | 10.43% | 11.54% | 11.05% | 11.32% |
| Peer Group | 8.60% | 9.64% | 11.04% | 11.55% | 11.01% | |
| Index | 12.17% | 10.63% | 11.08% | 11.08% | 11.30% | |
| Sharpe | Fund | -1.01 | 0.45 | 0.28 | 0.44 | 0.68 |
| Peer Group | 0.34 | 0.88 | 0.46 | 0.76 | 0.54 | |
| Index | 0.51 | 1.05 | 0.71 | 0.93 | 0.53 | |
| Sortino | Fund | -1.12 | 0.61 | 0.32 | 0.59 | 1.06 |
| Peer Group | 0.45 | 1.37 | 0.60 | 1.07 | 0.70 | |
| Index | 0.67 | 1.64 | 1.05 | 1.40 | 0.71 | |
| Largest Drawdown | Fund | -12.08% | -12.08% | -17.94% | -17.94% | -19.32% |
| Peer Group | -7.87% | -7.87% | -20.75% | -20.75% | -36.90% | |
| Index | -9.70% | -9.70% | -16.02% | -16.02% | -36.85% |
Return in Index's 10 Best & 10 Worst Months %
Return in Index's 10 Best & 10 Worst Months %
Annualised Return vs Standard Deviation
Vinva Global Alpha Fund - Active ETF (ASX: V1AC) - Annualised Return vs. Standard Deviation
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Vinva Global Alpha Fund - Active ETF (ASX: V1AC)
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | Magellan Asset Management |
| Custodian: | Northern Trust Company |
| Administrator: | N/A |
| Auditor: | N/A |
| Legal: | N/A |
| Prime Broker: | N/A |
Available on Investment Platforms
North, BT Panorama, CFS Edge, HUB24, Macquarie Wrap, Netwealth
Key Staff
Alan Pullen
Portfolio Manager
Casey McLean
Portfolio Manager
Years at Firm: 1
About AFM's Fund Reviews and Star Ratings
AFM's proprietary Star Rating system provides a quantitative ranking of performance and risk of funds in its peer group relative to similar funds. Funds must have a minimum 1 year track record.
Star Ratings for Performance reflects annualised return. Risk is a combination of downside deviation, maximum drawdown and longest drawdown, which are allocated in reverse.
| AFM Star Rating | Relative performance band compared to funds in the same Peer Group |
|---|---|
| ★ ★ ★ ★ ★ | Premium: The fund is in the top 10% of all funds in its peer group. |
| ★ ★ ★ ★ ☆ | Top Quartile: The fund ranges between 75 and 90% of all funds in its peer group. |
| ★ ★ ★ ☆ ☆ | Second Quartile: The fund ranges between 50 and 75% of all funds in its peer group. |
| ★ ★ ☆ ☆ ☆ | Third Quartile: The fund ranges between 25 and 50% of all funds in its peer group. |
| ★ ☆ ☆ ☆ ☆ | Fourth Quartile: The fund is in the lowest 25% of all funds in its peer group. |
All performances, rankings and Star Ratings are updated monthly. Past performance does not guarantee future performance.
Copyright
This report is produced and owned by Australian Fund Monitors Pty Ltd and the contents are Copyright 2025. Distribution is limited to those parties with a current Distribution Licence.
Disclaimer
The information in this report, including financial returns, strategies, and other content (collectively referred to as "Content") has been prepared and issued by Australian Fund Monitors Pty Limited (A.C.N. 122 226 724, AFSL 324476) otherwise referred to as AFM. The information and content herein is designed for holders of an Australian Financial Services Licence or for Wholesale or Sophisticated investors, and does not constitute personal financial advice, and is for general information purposes only. Users of this report or any Content of AFM's websites (the "Websites") should not act or make any financial decision without first seeking professional advice. Whilst the Content has been prepared with all reasonable care from sources which we believe are reliable, no responsibility or liability is accepted by AFM for any errors or omissions or misstatements contained herein.