AI assistant
L1 GROUP LIMITED — Fund Information / Factsheet 2021
Jul 11, 2021
65211_rns_2021-07-11_4988dfcc-b5b4-4e01-8991-8f5baf426033.pdf
Fund Information / Factsheet
Open in viewerOpens in your device viewer
==> picture [134 x 37] intentionally omitted <==
12 July 2021
The Manager ASX Market Announcements Australian Securities Exchange Limited Sydney NSW 2000
By e-Lodgement
Platinum Investment Management Limited (“Platinum”)
Funds Under Management (“FUM”) and performance fees[1]
| 30/06/2021 | 31/05/2021 | |
|---|---|---|
| ($M) | ($M) | |
| FUMpre-annualdistribution to unit holders | 24,520 | 24,710 |
| Cash distribution to unit holders (net of re-investment) | (997) | - |
| FUMpost-annualdistribution to unit holders | 23,523 | 24,710 |
In June 2021, Platinum experienced net outflows of approximately $167 million. This included net outflows from the Platinum Trust Funds[2] of approximately $118 million. The net outflows do not include the impact of the cash distribution to unit holders of $1,380 million or the distribution re-investment of $383 million.
Platinum is entitled to estimated performance fees of approximately $4.0 million for the year ended 30 June 2021 (includes performance fees of $3.7 million for the 6 months ended 31 December 2020). Performance fees (if any) will fluctuate significantly from year to year.
The most recent investment performance for funds managed by Platinum can be found at https://www.platinum.com.au/Investing-with-Us/Prices-Performance
Authorised by
Joanne Jefferies | Company Secretary
Investor contact
Elizabeth Norman | Director of Investor Services and Communications Platinum Asset Management Limited Tel: 61 2 9255 7500 Fax: 61 2 9254 5555
1 Funds Under Management, flow information and performance fees are approximate, rounded, and have not been audited. 2 Platinum International Fund (includes Platinum International Fund (Quoted Managed Hedge Fund)), Platinum Global Fund (Long Only) (former Platinum Unhedged Fund), Platinum Asia Fund (includes Platinum Asia Fund (Quoted Managed Hedge Fund)), Platinum European Fund, Platinum Japan Fund, Platinum International Brands Fund, Platinum International Health Care Fund, Platinum International Technology Fund and Platinum Global Fund.
Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia | GPO Box 2724, Sydney NSW 2001 Telephone 61 2 9255 7500 | Investor Services 1300 726 700 | Facsimile 61 2 9254 5590 | Email [email protected] | Website www.platinum.com.au
Platinum Asset Management Limited ABN 13 050 064 287