Contrarius Australia Equity Fund - Class A
Fund Overview
Investment objective
The Fund aims to achieve long term returns that are higher than the benchmark S&P/ASX 300 Accumulation Index.
Fund description and investment strategy
The Contrarius Australia Equity Fund is an actively managed equity fund that invests in a portfolio of securities listed on the Australia Securities Exchange.
The Fund aims to achieve its investment objective by employing Contrarius' valuation-based, contrarian investment philosophy to invest in Australian shares. Shares are selected following detailed proprietary research. Contrarius Australia seeks to buy shares trading below their intrinsic value and which are considered to be attractive relative to other opportunities. Contrarius Australia seeks to sell shares that it believes have reached their underlying intrinsic value or which are less attractive than other opportunities it has evaluated.
As a result of its contrarian approach, the Fund's investments may be expected to typically look very different from those of the broad market and those of other Australian equity funds.
The Fund may be suitable for investors who:
- are seeking exposure to an actively managed equity fund that invests in a portfolio of securities listed on the Australian Securities Exchange.
- seek capital growth over the long term
- plan to stay invested for at least 5 years
- have a high to very high risk and return profile
- intend to use the Fund as a part of a portfolio of investments
Fund and Fee Class Details
| Fund Inception | 16 May 2023 |
| Benchmark | S&P/ASX 300 Accumulation Index |
| Fund Currency | Australian dollars |
| ARSN Number | 664 226 331 |
| Share Class | Class A |
| Class Inception | 16 May 2023 |
| APIR Code | ETL5508AU |
| ISIN Number | AU60ETL55083 |
| Investment Manager | Contrarius Investment Advisory Pty Limited |
| Responsible Entity | Equity Trustees Limited |
| Administrator and Custodian | BNP Paribas Australia |
| Fund Size | AU$ 13.6 million (30 Jan 2026) |
| Class Size | AU$ 13.6 million (30 Jan 2026) |
| Fund NAV | AU$ 1.3009 (26 Feb 2026) |
| Pricing Frequency | Daily |
| Distribution Frequency | Annual |
| Minimum Initial Investment | AU$ 10,000 |
| Minimum Subsequent Transaction | AU$ 1,000 |
| Buy/Sell Spread | +/- 0.20% |
| Base Fee | 0.75% p.a. of NAV |
| Performance Fee | 20.00% of outperformance, subject to relative high watermark since inception |
Documents
Monthly Fact Sheet
Quarterly Commentary
Performance
|
Contrarius Australia Equity Fund - Class A, net
AU$ (%) |
S&P/ASX 300 Accumulation Index
AU$ (%) |
|
| Performance in AU$ to 26 Feb 2026 |
Since Fund Inception 16 May 2023 | Latest 1 Year |
Last 3 Months |
Latest 1 Month |
Graph Selection |
| Gross of Fees | |||||
| Contrarius Australia Equity Fund | 13.7 | 42.2 | 12.2 | (7.1) | |
| S&P/ASX 300 Accumulation Index | 12.4 | 15.1 | 7.0 | 2.7 | |
| Net of Fees | |||||
| Contrarius Australia Equity Fund - Class A | 11.8 | 39.4 | 10.5 | (7.2) |
The Fund is registered with the Australian Securities and Investments Commission as the Contrarius Australia Equity Fund.
Gross returns are calculated gross of all income, assume reinvestment of distributions and are net of expenses excluding investment management fees. Net returns are calculated gross of all income, assume reinvestment of distributions, are net of expenses and investment management fees and exclude the buy/sell spread. Returns are based on valuations using prices at market close. Returns for periods of less than one year are not annualised. While we have endeavoured to ensure the accuracy of the information herein, such information is not guaranteed as to accuracy or completeness.
Past performance is not indicative of future performance. The value of investments may go down as well as up and investors may not get back the amount invested. Contrarius Australia Funds’ share prices fluctuate and are not guaranteed. Returns may decrease or increase as a result of currency fluctuations. There is no guarantee that an investor's capital will be preserved.
Holdings and Exposures
As at 31 Jan 2026
| Top 10 Holdings | ||
| Rank | Security | % Fund |
| 1 | South32 | 10.2 |
| 2 | Domino's Pizza Enterprises | 9.0 |
| 3 | Coronado Global Resource | 9.0 |
| 4 | Metals X | 7.3 |
| 5 | Nine Entertainment | 6.6 |
| 6 | Stanmore Resources Ltd | 6.2 |
| 7 | Southern Cross Media | 5.7 |
| 8 | NEW HOPE CORP LTD | 5.0 |
| 9 | Pilbara Minerals | 4.6 |
| 10 | Star Entertainment Group | 4.0 |
| Total | 67.6 | |
| Sector Exposure | |
| Sector | % Fund |
| Communication Services | 12.3 |
| Consumer Discretionary | 16.0 |
| Consumer Staples | 0.0 |
| Energy | 5.9 |
| Financials | 3.1 |
| Health Care | 0.9 |
| Industrials | 0.0 |
| Information Technology | 0.0 |
| Materials | 59.7 |
| Real Estate | 0.0 |
| Utilities | 0.0 |
| Net Current Assets | 2.2 |
| Total | 100.0 |
| Asset Allocation | |
| Asset Class | % Fund |
| Equities | 97.8 |
| Cash and cash equivalents | 2.2 |
| Total | 100.0 |
Totals may not sum due to rounding.
How to Invest
Apply Online
New investors can make initial applications for the Contrarius Australia Equity Fund online.
Simply complete our online application form.
Apply using the paper application forms
New investors can make initial applications for the Contrarius Australia Equity Fund using the paper Application Form
Complete the paper Application Form and return this together with all required identification documents to the Unit Registry by post.
Existing investors can add to their existing investment by completing all relevant sections of the Additional Investment Form, and returning this to the Unit Registry by email or post.
Platforms:
If you wish to invest in the Contrarius Australia Equity Fund via an investment platform, please speak to your financial advisor, or contact us at [email protected].
Important Information for Investors
This website has been prepared by Contrarius Investment Advisory Pty Limited (ABN 48 618 145 449, AFSL 506315) ("Contrarius Australia") to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Contrarius Australia, Equity Trustees nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should read and understand the Fund's Product Disclosure Statement and Target Market Determination before making a decision about whether to invest in this product.
The benchmark for the Contrarius Australia Equity Fund is the S&P/ASX 300 Accumulation Index (“Index”). The Index and associated data are a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by Contrarius Australia. © 2026 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Neither S&P Dow Jones Indices LLC, SPFS, Dow Jones, their affiliates nor their licensors (“S&P DJI”) make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and S&P DJI shall have no liability for any errors, omissions, or interruptions of any index or the data included therein.
Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298, AFSL No. 240975), is the Responsible Entity for the Contrarius Australia Equity Fund (ARSN 664 226 331). Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).
