TCAP
Actively managedAustralian SharesTen Capital Alpha Plus Complex ETF
About this ETF
The Fund aims to achieve positive returns in excess of the Benchmark, before fees and expenses, over the long term by taking both Long Positions and Short Positions in selected Australian shares.
IssuerTen Cap
Management fee (MER)0.97% p.a.
Inception date24 Nov 2025
BenchmarkS&P/ASX 200 Accumulation TR AUD
Scout Score
34/100
Ranked #19 of 23 in active Australian 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.
Cost32
Diversification—
Liquidity45
Fund Strength10
Performance—
Income64
Strengths
No standout strengths relative to category peers.
Weaknesses
- Small fund — $4M in assets, smaller than 90% of active Australian Shares funds, which can mean wider spreads.
- Higher fee — 0.97% p.a., more expensive than 68% of active Australian Shares funds.