L1HI
Actively managedInternational SharesL1 Capital International (Hedged) Active ETF
About this ETF
The objective of the Fund is to outperform the Benchmark net of fees and expenses over rolling 5 year periods, hedged for foreign currency exposure.
IssuerL1 Capital
Management fee (MER)1.20% p.a.
Inception date22 Jul 2024
BenchmarkMSCI World 100% NR Hdg AUD
Scout Score
30/100
Ranked #57 of 64 in active International SharesAn 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.
Cost22
Diversification—
Liquidity27
Fund Strength30
Performance—
Income66
Strengths
No standout strengths relative to category peers.
Weaknesses
- Higher fee — 1.20% p.a., more expensive than 78% of active International Shares funds.
- Lower liquidity — 0.84% bid/ask spread, wider than 73% of active International Shares peers.
- Small fund — $36M in assets, smaller than 70% of active International Shares funds, which can mean wider spreads.