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ALFA

Actively managedAustralian Shares

VanEck Australian Long Short Complex ETF

About this ETF

The Fund employs an actively managed systematic long short strategy and provides exposure to a portfolio of ASX-listed companies selected on the basis of scoring highly on proprietary quantitative screens and exhibiting the highest probability of generating alpha. Short selling is used to achieve positive returns when share prices are expected to fall. The proceeds from short selling are reinvested in the long portfolio.

IssuerVanEck
Management fee (MER)0.39% p.a.
Inception date23 Jan 2025
BenchmarkS&P/ASX 200 TR AUD

Scout Score

60/100
Ranked #7 of 23 in active Australian Shares

An independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.

Cost82
Diversification—
Liquidity46
Fund Strength31
Performance—
Income55

Strengths

  • Low fee — 0.39% p.a., cheaper than 82% of active Australian Shares funds.

Weaknesses

  • Small fund — $37M in assets, smaller than 69% of active Australian Shares funds, which can mean wider spreads.

Performance (as of 31 Oct 2026)

Total returns, net of fees. Periods longer than 1 year are annualised.

1 Month-0.80%
3 Months+1.55%
YTD+7.32%
1 Year+0.33%

Price history

Cumulative return over the selected period, indexed to 0% at the start of the range.

-19%-9%+2%+12%+23%2025-012025-072025-122026-052026-11