DRAFT
Fund Review
Bennelong Twenty20 Australian Equities Fund
Performance as at May 2026
Bennelong Australian Equity Partners (BAEP) is a boutique fund manager specialising in Australian equities, established in 2008 in collaboration with Bennelong Funds Management. It maintains a disciplined investment approach, focusing on high-quality companies with growth potential. BAEP's process involves thorough proprietary research, macro-economic, and quantitative insights. Key staff member Doug Macphillamy, with 20 years in the industry and 6 years at the firm, serves as Portfolio Manager.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | -2.89% | 7.18% | 2.31% | 7.05% | 8.74% |
| Peer Group1 | 3.09% | 8.17% | 6.32% | 7.81% | 8.65% | |
| Index2 | 6.89% | 11.02% | 8.10% | 8.47% | 8.24% | |
| Volatility | Fund | 12.53% | 13.11% | 14.52% | 16.73% | 14.07% |
| Peer Group1 | 9.14% | 9.83% | 11.18% | 14.13% | 12.19% | |
| Index2 | 9.98% | 10.63% | 12.30% | 14.90% | 13.04% | |
| 1Equity Long - Large Cap - Australia, 2ASX 200 Total Return, 3Annualised, 4Dec 2015 | ||||||
Strategy Description
The Bennelong Twenty20 Australian Equities Fund offers exposure to the S&P/ASX300 universe by combining actively managed ex-20 stocks with passive exposure to the top 20 stocks. Its strategy provides investors with cost-effective access to BAEP's ex-20 strategy and an indexed position in the top 20.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | BFL0017AU | Status: | Open |
| Peer Group: | Equity Long - Large Cap - Australia | Inception Date: | Dec 2015 |
| Strategy: | Equity Long | Style: | Growth |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Retail | Distributions: | 6 Monthly |
| Fund Size: | AU$ 24.53m | Manager FUM: | AU$ 6,533.52m |
| Applications: | Daily, Initial: AU$ 25,000 | Redemptions: | Daily |
| Management Fee: | 0.39% (PG avg: 0.85%) | Performance Fee: | 15.00% (PG avg: 8.42%) |
| Buy/Sell Spread: | 0.2%/0.2% (PG avg: 0.42%/0.41%) | Hurdle: | The return generated by the S&P/ASX 300 Accumulation Index |
| 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.
Bennelong Twenty20 Australian Equities Fund
Performance vs Equity Long - Large Cap - Australia and ASX 200 Total Return
Since Nov 2009, the Fund has returned 8.74% p.a. vs the Peer Group's return over the same period of 8.65%. Over the past 12 months, the Fund has returned -2.89% vs the Peer Group's 3.09%. For the 3, 5 and 7 year periods, the Fund has returned 7.18%, 2.31% and 7.05% respectively vs the Peer Group's returns of 8.17%, 6.32% and 7.81% respectively. The Fund's returns have been delivered with a volatility of 14.07% p.a. vs the Peer Group's 12.19%.
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 | 2.12 | 3.24 | -8.27 | 2.27 | 0.21 | NA | NA | NA | NA | NA | NA | NA | -0.89 |
| 2025 | 4.85 | -5.25 | -4.70 | 3.24 | 3.57 | 1.60 | 3.93 | 2.02 | -2.54 | -0.05 | -6.34 | -0.31 | -0.81 |
| 2024 | 1.77 | 1.24 | 2.03 | -4.05 | -0.03 | 1.06 | 5.25 | 1.15 | 2.49 | -1.58 | 4.49 | -3.46 | 10.38 |
| 2023 | 8.43 | -2.30 | -0.37 | 2.06 | -4.11 | 1.79 | 5.86 | 0.71 | -4.32 | -4.64 | 5.78 | 8.34 | 17.20 |
| 2022 | -7.94 | -1.86 | 4.66 | -3.49 | -6.00 | -8.49 | 8.61 | -0.75 | -6.58 | 5.55 | 3.79 | -5.33 | -18.01 |
| 2021 | 2.80 | 1.76 | 1.65 | 5.32 | 2.08 | 2.47 | 1.23 | 4.68 | -0.92 | 0.17 | -0.05 | -0.18 | 22.92 |
| 2020 | 5.21 | -5.92 | -21.44 | 10.78 | 6.58 | 2.23 | 1.48 | 6.57 | -4.15 | 4.07 | 8.41 | 2.59 | 12.62 |
| 2019 | 2.67 | 4.95 | 0.64 | 3.46 | 0.40 | 3.82 | 2.75 | -0.44 | 3.13 | 0.29 | 3.82 | -2.14 | 25.71 |
| 2018 | -0.27 | 0.54 | -3.21 | 2.88 | 3.98 | 3.12 | 0.66 | 1.02 | -2.84 | -6.81 | -1.80 | -1.44 | -4.62 |
| 2017 | -0.48 | 2.03 | 3.43 | 1.25 | -2.22 | 1.07 | -0.34 | 1.01 | 1.06 | 4.56 | 1.08 | 2.95 | 16.33 |
| 2016 | -5.19 | -2.67 | 4.07 | 2.31 | 4.48 | -3.49 | 6.43 | -0.74 | 0.07 | -2.20 | 2.19 | 2.62 | 7.42 |
| 2015 | 3.66 | 7.10 | 1.63 | -1.98 | 0.91 | -6.42 | 6.73 | -5.12 | -0.66 | 4.37 | -0.68 | 1.92 | 10.99 |
| 2014 | -3.97 | 6.67 | 0.29 | -0.28 | -0.51 | -2.57 | 3.28 | 1.38 | -4.83 | 4.05 | -2.11 | 1.12 | 1.92 |
| 2013 | 5.42 | 4.80 | -0.87 | 4.25 | -2.39 | -1.96 | 4.70 | 3.48 | 3.00 | 2.71 | -0.72 | 1.12 | 25.72 |
| 2012 | 7.52 | 5.59 | 3.17 | 0.76 | -8.83 | 0.00 | 2.62 | 1.46 | 1.10 | 4.13 | 0.09 | 4.24 | 23.05 |
| 2011 | -0.48 | 3.86 | 2.23 | -1.05 | -1.30 | -1.96 | -2.96 | -1.68 | -5.63 | 6.38 | -2.80 | -2.27 | -7.94 |
| 2010 | -5.56 | 2.52 | 5.89 | -0.04 | -8.28 | -0.94 | 3.24 | -0.02 | 6.54 | 2.32 | -0.85 | 4.85 | 8.92 |
| 2009 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | 1.94 | 3.81 | 5.82 |
Notes:
Note that performance statistics for this fund since Nov 2009 to Nov 2015 are based on the past performance of the Bennelong ex-Top 20 Fund, combined with the index performance of the S&P/ASX 20 Leaders Index. Performance since December 2015 are actual.
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | -2.89% | 7.18% | 2.31% | 7.05% | 8.74% |
| Peer Group | 3.09% | 8.17% | 6.32% | 7.81% | 8.65% | |
| Index2 | 6.89% | 11.02% | 8.10% | 8.47% | 8.24% | |
| Volatility | Fund | 12.53% | 13.11% | 14.52% | 16.73% | 14.07% |
| Peer Group | 9.14% | 9.83% | 11.18% | 14.13% | 12.19% | |
| Index | 9.98% | 10.63% | 12.30% | 14.90% | 13.04% | |
| Sharpe | Fund | -0.47 | 0.29 | 0.03 | 0.36 | 0.49 |
| Peer Group | -0.03 | 0.44 | 0.34 | 0.45 | 0.54 | |
| Index | 0.34 | 0.66 | 0.46 | 0.47 | 0.48 | |
| Sortino | Fund | -0.60 | 0.31 | -0.06 | 0.37 | 0.59 |
| Peer Group | -0.09 | 0.56 | 0.40 | 0.50 | 0.67 | |
| Index | 0.36 | 0.91 | 0.58 | 0.53 | 0.58 | |
| Largest Drawdown | Fund | -12.04% | -12.04% | -22.27% | -26.09% | -26.09% |
| Peer Group | -7.38% | -7.60% | -11.46% | -26.10% | -26.10% | |
| Index | -7.15% | -7.19% | -11.90% | -26.75% | -26.75% |
Return in Index's 10 Best & 10 Worst Months %
Return in Index's 10 Best & 10 Worst Months %
Annualised Return vs Standard Deviation
Bennelong Twenty20 Australian Equities Fund - Annualised Return vs. Standard Deviation
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
Bennelong Twenty20 Australian Equities Fund
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | Bennelong Funds Management |
| Custodian: | Citibank NA, Australia |
| Administrator: | RBC Investor Services Trust |
| Auditor: | N/A |
| Legal: | N/A |
| Prime Broker: | N/A |
Available on Investment Platforms
North, Colonial FirstWrap, Macquarie Wrap
Key Staff
Mark East
Chief Investment Officer
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.