Key Takeaways
- • Loftus Peak Global Disruption Hedged Active ETF (ASX:LPHD) returned +4.94% net of fees in August 2026, against +2.38% for its AUD-hedged MSCI All Countries World Index benchmark, an outperformance of +2.56%, according to the fund's monthly update filing.
- • Moderna was the largest contributor at +2.3% after phase III success for its personalised cancer vaccine Intismeran; the filing states that life sciences' aggregate contribution equalled the fund's entire August outperformance.
- • Over one year the fund returned +26.44% net versus the benchmark's +22.56% (+3.88%). Since inception on 1 July 2022 it has returned +24.85% per annum net against +17.68% per annum for the benchmark, an annualised outperformance of +7.16%.
- • At month end the fund held $153 million in FUM within a $1,513 million strategy, was 98.1% invested across 32 positions, and had 83.6% of the portfolio in mega-cap names above USD 100 billion.
- • The headline cites a September 2026 return of +0.52% with +1.20% outperformance, but the detailed figures in the body cover August 2026 only.
Summary
Loftus Peak's Global Disruption Hedged Active ETF (ASX:LPHD) posted a net-of-fees return of +4.94% in August 2026, outperforming its AUD-hedged MSCI All Countries World Index benchmark, which returned +2.38%. The fund's monthly update filing attributes the result largely to life sciences. Moderna contributed +2.3% to fund returns after phase III trial success for its personalised cancer vaccine Intismeran, with the stock rising 177% in a single session. Revolution Medicines added +0.2%, while Eli Lilly detracted -0.1%.
Technology holdings made smaller contributions. Nvidia added +0.6% following earnings and guidance covering the next 18 months, while Netflix and Spotify each contributed +0.3%. Broadcom (-0.2%), MKS Instruments (-0.3%) and Advanced Micro Devices (-0.1%) detracted from performance.
Over the trailing year the fund returned +26.44% net of fees against the benchmark's +22.56%. Since inception on 1 July 2022, annualised net returns were +24.85% versus +17.68% for the benchmark. The Australian dollar appreciated 2.0% against the US dollar during August, and the fund carried 103.2% AUD exposure after hedging at month end.
At 31 August the fund held $153 million in FUM within a $1,513 million strategy and was 98.1% invested. Sector weights included AI and Data Infrastructure at 25.7%, Internet of Things and Robotics at 13.9%, and Digital Media at 13.9%. The fund reported a Sharpe ratio of 0.96, an information ratio of 0.56 and volatility of 21.8%. Management fees and costs are 1.20% per annum, plus a 15% performance fee above the hurdle subject to a high watermark.
The article's headline refers to September 2026 results, but its detailed performance data relate to August 2026.
Technology holdings made smaller contributions. Nvidia added +0.6% following earnings and guidance covering the next 18 months, while Netflix and Spotify each contributed +0.3%. Broadcom (-0.2%), MKS Instruments (-0.3%) and Advanced Micro Devices (-0.1%) detracted from performance.
Over the trailing year the fund returned +26.44% net of fees against the benchmark's +22.56%. Since inception on 1 July 2022, annualised net returns were +24.85% versus +17.68% for the benchmark. The Australian dollar appreciated 2.0% against the US dollar during August, and the fund carried 103.2% AUD exposure after hedging at month end.
At 31 August the fund held $153 million in FUM within a $1,513 million strategy and was 98.1% invested. Sector weights included AI and Data Infrastructure at 25.7%, Internet of Things and Robotics at 13.9%, and Digital Media at 13.9%. The fund reported a Sharpe ratio of 0.96, an information ratio of 0.56 and volatility of 21.8%. Management fees and costs are 1.20% per annum, plus a 15% performance fee above the hurdle subject to a high watermark.
The article's headline refers to September 2026 results, but its detailed performance data relate to August 2026.
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