DIRECT INDEXEquities · Managed Account
Australian Direct Index
10.7%
p.a. pre-fees
since inception3
since inception3
Fund profile
- Number of stocks
- 23-75
- Objective
- Large Australian Stocks
- Management
- Passive
- Hedging
- None
Suggested minimums1
- Initial investment
- $5,000
- Additional deposits
- $1
- Time invested
- 5 years +
Fees· % p.a.
- Investment fee
- 0.17%
- Indirect cost ratio
- 0.00%
- Performance fee
- None
- Admin fee2
- Varies by platform
Sector weights · vs MSCI Australia, %
Communication
2
Cons.Discret.
8
Cons.Staples
5
Energy
6
Financials
45
Health Care
5
Industrials
4
I.T.
1
Materials
23
Real Estate
3
Utilities
0
CurrentMSCI Australiascale 0–60%
Investor suitability
Investors who have a high tolerance for risk and a long term investment timeframe.
Risk level
Very High. Negative return 6 years in every 20 years. Same as benchmark since inception.
Platforms available on
Praemium, DASH, Interactive Brokers.
Investment objective
This is a passive strategy designed to provide a (gross of fees) return in line with the S&P/ASX 20 Accumulation Index over rolling five year periods.
Returns to Jul 2026 · % (p.a. 1y+)
| 1m | 1y | 3y | 5y | Incept. | |
|---|---|---|---|---|---|
| Pre fees | 3.8 | 8.3 | 11.6 | 8.7 | 10.7 |
| Post investment fees | 3.7 | 7.9 | 11.3 | 8.4 | 10.4 |
| Similar Funds | |||||
| iShares S&P 20 | 3.5 | 11.7 | 12.6 | 9.1 | 11.1 |
| ASX 50 ETF | 2.8 | 6.7 | 10.6 | 8.4 | 10.1 |
Cumulative return · growth of $10,000
Australian LeadersiShares S&P 20ASX 50 ETF
Investment strategy
The model provides exposure to a portfolio of the 25 largest companies on the ASX. Securities are selected using a rules-based approach.