December 2025

Fund Objective

The EQT Eight Bays Global Fund - Class B (The Fund) investment objective is to deliver gross performance (less fees) above the benchmark over rolling 3-year periods.

The Fund is designed to give investors exposure to global growth industries and world leading companies, primarily through a portfolio of US Exchange Traded Funds (ETFs).

Fund Performance

Pleasingly, over the last 3 years the Fund has delivered a very strong total net return of 22.01% per annum outperforming the benchmark by 0.28% (per annum).

More recently the returns in absolute terms have remained strong. Over the December quarter the Fund produced a total net return of 1.93% slightly underperforming the benchmark by 0.61%.

Since inception (1/7/21) the Fund has delivered a robust total net return of 10.38% per annum.

  

Table 1

¹ Performance: Income and total net returns are fund returns after the deduction of ongoing fees and expenses and assumes the reinvestment of all distributions. Results greater than one year are annualised.

² Inception date is 1 July 2021.

³ Benchmark return is the MSCI ACWI ex Australia net return Index (AUD).

Past performance is not an indicator of future performance.