DRAFT
Fund Review
Hamilton12 Australian Shares Income Fund - Excl Franking
Performance as at Aug 2026
Hamilton12, established in 2017 and based in Brisbane, is an investment manager specialising in systematic, rules-based strategies emphasising after-tax outcomes, fee minimisation, and transparency. Co-founders Dr Jason Hall, serving as Chief Investment Officer, and Richard McDougall, as Managing Director, draw on their backgrounds in academia, investment banking, and wealth management to guide the firm's strategic approach.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | 6.78% | 12.43% | N/A | N/A | 11.26% |
| Peer Group1 | 0.73% | 8.54% | N/A | N/A | 8.33% | |
| Index2 | 1.15% | 7.50% | N/A | N/A | 6.76% | |
| Volatility | Fund | 9.08% | 10.27% | N/A | N/A | 11.16% |
| Peer Group1 | 8.98% | 10.04% | N/A | N/A | 10.65% | |
| Index2 | 10.09% | 10.72% | N/A | N/A | 11.78% | |
| 1Equity Long - Large Cap - Australia, 2ASX 200, 3Annualised, 4Sep 2022 | ||||||
Strategy Description
The Fund aims for after-tax outperformance of the S&P/ASX 200 Franking Credit Adjusted Daily Total Return Index (Superannuation) and seeks a higher gross dividend yield than the benchmark. It uses a rules-based approach favouring franked dividend payers while ensuring sector diversification. The fund's investment universe includes the ASX All Ordinaries and it rebalances six times a year. Position sizes are determined by market capitalisation and liquidity.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | Status: | Open | |
| Peer Group: | Equity Long - Large Cap - Australia | Inception Date: | Sep 2022 |
| Strategy: | Equity Income | Style: | Value |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale | Distributions: | Quarterly |
| Fund Size: | AU$ 39.36m | Manager FUM: | AU$ 78.72m |
| Applications: | Daily, Initial: AU$ 250,000 | Redemptions: | Daily |
| Management Fee: | 0.60% (PG avg: 0.86%) | Performance Fee: | 15.00% (PG avg: 8.38%) |
| Buy/Sell Spread: | 0.2%/0.2% (PG avg: 0.40%/0.39%) | Hurdle: | After tax outperformance vs S&P/ASX 200 Franking Credit Adjusted Daily TR (Superannuation) |
| Early Redemption Fee | No | High Water Mark: | Yes |
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Hamilton12 Australian Shares Income Fund - Excl Franking
Performance vs Equity Long - Large Cap - Australia and ASX 200
Since Sep 2022, the Fund has returned 11.26% p.a. vs the Peer Group's return over the same period of 8.33%. Over the past 12 months, the Fund has returned 6.78% vs the Peer Group's 0.73%. For the 3-year period, the Fund has returned 12.43% vs the Peer Group's 8.54%. The Fund's returns have been delivered with a volatility of 11.16% p.a. vs the Peer Group's 10.65%.
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.04 | 3.94 | -6.42 | 0.55 | 2.12 | 0.77 | 3.45 | -0.04 | NA | NA | NA | NA | 6.21 |
| 2025 | 3.66 | -2.29 | -1.49 | 3.22 | 3.05 | 1.64 | 3.12 | 6.87 | -0.75 | 1.74 | -1.74 | 1.34 | 19.51 |
| 2024 | 0.85 | 1.35 | 1.41 | -2.37 | 0.18 | 0.85 | 2.99 | -2.07 | 4.12 | -2.04 | 2.84 | -3.81 | 4.03 |
| 2023 | 6.24 | -3.26 | 0.83 | 1.13 | -3.68 | 2.90 | 3.39 | -1.67 | -1.94 | -3.12 | 5.18 | 7.71 | 13.65 |
| 2022 | NA | NA | NA | NA | NA | NA | NA | NA | -5.48 | 4.87 | 6.04 | -2.87 | 2.11 |
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | 6.78% | 12.43% | N/A | N/A | 11.26% |
| Peer Group | 0.73% | 8.54% | N/A | N/A | 8.33% | |
| Index2 | 1.15% | 7.50% | N/A | N/A | 6.76% | |
| Volatility | Fund | 9.08% | 10.27% | N/A | N/A | 11.16% |
| Peer Group | 8.98% | 10.04% | N/A | N/A | 10.65% | |
| Index | 10.09% | 10.72% | N/A | N/A | 11.78% | |
| Sharpe | Fund | 0.34 | 0.80 | N/A | N/A | 0.67 |
| Peer Group | -0.31 | 0.47 | N/A | N/A | 0.44 | |
| Index | -0.22 | 0.35 | N/A | N/A | 0.29 | |
| Sortino | Fund | 0.37 | 1.25 | N/A | N/A | 1.00 |
| Peer Group | -0.39 | 0.59 | N/A | N/A | 0.57 | |
| Index | -0.31 | 0.42 | N/A | N/A | 0.32 | |
| Largest Drawdown | Fund | -6.42% | -6.42% | N/A | N/A | -6.59% |
| Peer Group | -7.47% | -7.60% | N/A | N/A | -7.82% | |
| Index | -7.79% | -8.07% | N/A | N/A | -9.31% |
Return in Index's 10 Best & 10 Worst Months %
Return in Index's 10 Best & 10 Worst Months %
Annualised Return vs Standard Deviation
Hamilton12 Australian Shares Income Fund - Excl Franking - Annualised Return vs. Standard Deviation
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Hamilton12 Australian Shares Income Fund - Excl Franking
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | K2 Asset Management Ltd |
| Custodian: | Apex Fund Services |
| Administrator: | Apex Fund Services |
| Auditor: | KPMG |
| Legal: | HWL Ebsworth |
| Prime Broker: | N/A |
Available on Investment Platforms
HUB24, Netwealth
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
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.