DRAFT
Fund Review
Equitable Investors Dragonfly Fund
Performance as at Jul 2026
Equitable Investors, established in 2016, is a boutique funds management business aligned with its investment clients. The firm aims to deliver total returns independently of sharemarket indices through fundamental, bottom-up analysis and continuous dialogue with invested companies to aid in maximising shareholder value.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | -10.13% | -2.16% | -13.75% | -6.26% | -6.94% |
| Peer Group1 | -1.71% | 7.61% | 3.39% | 7.40% | 8.68% | |
| Index2 | 6.00% | 10.40% | 8.01% | 7.91% | 9.22% | |
| Volatility | Fund | 23.37% | 18.55% | 19.78% | 23.96% | 21.89% |
| Peer Group1 | 13.49% | 11.46% | 13.47% | 17.12% | 15.88% | |
| Index2 | 9.93% | 10.59% | 12.30% | 14.84% | 13.84% | |
| 1Equity Long - Small/Mid Cap - Australia, 2ASX 200 Total Return, 3Annualised, 4Sep 2017 | ||||||
Strategy Description
The Equitable Investors Dragonfly Fund aims to achieve a total return above the annual five-year government bond rate plus 5% per annum over the medium-to-long term. It is an open-ended, unlisted unit trust investing mainly in ASX-listed companies. The Fund also considers hybrid, debt, and unlisted investments, focusing on growing or strategic businesses. It seeks returns that are less reliant on broader market trends, adjusting cash weighting and employing exchange-traded products to manage market risk. The primary investments are in micro-to-mid cap ASX-listed companies, with occasional investments in larger businesses.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | EQB7664AU | Status: | Open |
| Peer Group: | Equity Long - Small/Mid Cap - Australia | Inception Date: | Sep 2017 |
| Strategy: | Equity Long | Style: | Blend |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale | Distributions: | Annually |
| Fund Size: | Undisclosed | Manager FUM: | Undisclosed |
| Applications: | Monthly, Initial: AU$ 20,000 | Redemptions: | Monthly |
| Management Fee: | 1.50% (PG avg: 1.14%) | Performance Fee: | 20.00% (PG avg: 16.54%) |
| Buy/Sell Spread: | 0.3%/0.3% (PG avg: 0.27%/0.27%) | Hurdle: | 5 Year Australian Government Bond Yield + 5% pa |
| Early Redemption Fee | No | High Water Mark: | Yes |
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Equitable Investors Dragonfly Fund
Performance vs Equity Long - Small/Mid Cap - Australia and ASX 200 Total Return
Since inception in Sep 2017, the Fund has returned -6.94% p.a. vs the Peer Group's return over the same period of 8.68%. Over the past 12 months, the Fund has returned -10.13% vs the Peer Group's -1.71%. For the 3, 5 and 7 year periods, the Fund has returned -2.16%, -13.75% and -6.26% respectively vs the Peer Group's returns of 7.61%, 3.39% and 7.4% respectively. The Fund's returns have been delivered with a volatility of 21.89% p.a. vs the Peer Group's 15.88%.
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 | -5.53 | -10.08 | -10.24 | 3.53 | -3.33 | 14.79 | -2.99 | NA | NA | NA | NA | NA | -15.02 |
| 2025 | -3.18 | 0.98 | -6.79 | 3.91 | -1.80 | 6.36 | 9.56 | 1.67 | 6.05 | -0.30 | -4.11 | 2.60 | 14.60 |
| 2024 | -2.54 | 1.48 | -2.23 | 0.53 | 0.01 | -0.34 | 10.10 | -3.57 | 1.43 | -4.96 | 1.40 | -6.18 | -5.66 |
| 2023 | 2.54 | 0.66 | -3.65 | -4.32 | -11.33 | -0.74 | 8.01 | -4.40 | -1.21 | -1.62 | 2.69 | 6.86 | -7.77 |
| 2022 | -8.36 | -2.81 | -3.93 | -2.60 | -8.69 | -8.92 | 0.48 | 2.29 | -20.30 | 1.31 | 1.78 | -6.80 | -45.44 |
| 2021 | -2.53 | 24.98 | -1.94 | 1.43 | -2.29 | -4.44 | 6.84 | 3.09 | 2.95 | 2.19 | -1.65 | -3.18 | 24.83 |
| 2020 | -1.93 | -14.08 | -20.09 | 7.94 | 0.67 | -1.94 | 11.35 | 14.55 | -3.07 | 11.94 | 3.22 | 7.86 | 10.56 |
| 2019 | -0.49 | 1.48 | 0.87 | 0.32 | 1.00 | -6.60 | 2.20 | -4.86 | 4.18 | -2.40 | -0.05 | 3.13 | -1.76 |
| 2018 | -0.20 | -3.17 | -5.76 | -3.96 | -0.85 | 1.48 | -0.06 | -0.39 | 0.27 | -6.19 | -3.68 | -5.99 | -25.38 |
| 2017 | NA | NA | NA | NA | NA | NA | NA | NA | 0.87 | 1.08 | 3.44 | 6.71 | 12.55 |
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | -10.13% | -2.16% | -13.75% | -6.26% | -6.94% |
| Peer Group | -1.71% | 7.61% | 3.39% | 7.40% | 8.68% | |
| Index2 | 6.00% | 10.40% | 8.01% | 7.91% | 9.22% | |
| Volatility | Fund | 23.37% | 18.55% | 19.78% | 23.96% | 21.89% |
| Peer Group | 13.49% | 11.46% | 13.47% | 17.12% | 15.88% | |
| Index | 9.93% | 10.59% | 12.30% | 14.84% | 13.84% | |
| Sharpe | Fund | -0.50 | -0.24 | -0.80 | -0.25 | -0.32 |
| Peer Group | -0.34 | 0.35 | 0.09 | 0.37 | 0.47 | |
| Index | 0.25 | 0.61 | 0.44 | 0.44 | 0.56 | |
| Sortino | Fund | -0.84 | -0.48 | -1.06 | -0.51 | -0.58 |
| Peer Group | -0.49 | 0.40 | 0.02 | 0.38 | 0.53 | |
| Index | 0.25 | 0.83 | 0.55 | 0.48 | 0.66 | |
| Largest Drawdown | Fund | -25.21% | -25.21% | -60.50% | -60.50% | -60.50% |
| Peer Group | -14.55% | -14.55% | -23.27% | -29.73% | -29.73% | |
| Index | -7.15% | -7.15% | -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
Equitable Investors Dragonfly Fund - Annualised Return vs. Standard Deviation
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Equitable Investors Dragonfly Fund
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | Equitable Investors Pty Ltd |
| Custodian: | Sandhurst Trustees |
| Administrator: | William Buck Managed Funds Administration (SA) Pty Ltd |
| Auditor: | LNP Audit and Assurance |
| Legal: | Holley Nethercote Commercial and Financial Services Lawyers |
| Prime Broker: | N/A |
Available on Investment Platforms
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Key Staff
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.
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Disclaimer
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