DRAFT
Fund Review
Pendal MidCap Fund
Performance as at Jun 2026
Pendal Fund Services, established in 1969 as Ord-BT, is an Australian investment manager focused on delivering investment returns through active management. They manage investments across various asset classes, including Australian equities, global equities, and alternative investments. In 2023, Pendal became part of Perpetual Limited (ASX:PPT), extending its presence in the US, UK, and Europe through associated brands like Barrow Hanley and J O Hambro.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | 6.39% | 10.54% | 6.27% | 9.17% | 9.59% |
| Peer Group1 | 4.39% | 9.72% | 4.17% | 8.54% | 9.50% | |
| Index2 | 8.10% | 9.89% | 2.97% | 5.50% | 4.98% | |
| Volatility | Fund | 15.32% | 13.95% | 14.95% | 16.26% | 15.37% |
| Peer Group1 | 13.66% | 11.40% | 13.37% | 17.12% | 15.28% | |
| Index2 | 15.65% | 13.63% | 16.45% | 18.88% | 16.57% | |
| 1Equity Long - Small/Mid Cap - Australia, 2ASX Small Ordinaries Total Return Index, 3Annualised, 4Jun 2008 | ||||||
Strategy Description
The Pendal MidCap Fund targets medium to long-term returns surpassing the Pendal MidCap Custom Index, using an Australian mid-cap equity long strategy. It primarily invests in 40-60 Australian mid-cap shares, defined as those ranked between 51 and 150 on the S&P/ASX 200 Index, with possible investments in similar New Zealand companies, cash holdings, and derivatives. The asset allocation is 80-100% Australian shares, 0-10% New Zealand shares, and 0-20% cash. Pendal employs active stock selection and research, evaluating valuation, franchise quality, management, and risks, without a growth or value bias.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | BTA0313AU | Status: | Open |
| Peer Group: | Equity Long - Small/Mid Cap - Australia | Inception Date: | Jun 2008 |
| Strategy: | Equity Long | Style: | Blend |
| Geography: | Australia/NZ | Domicile: | Australia |
| Investors: | Retail | Distributions: | Quarterly |
| Fund Size: | 394m | Manager FUM: | AU$ 99,000m |
| Applications: | Daily, Initial: AU$ 25,000 | Redemptions: | Daily |
| Management Fee: | 0.90% (PG avg: 1.15%) | Performance Fee: | 20.00% (PG avg: 16.55%) |
| Buy/Sell Spread: | 0.25%/0.25% (PG avg: 0.27%/0.27%) | Hurdle: | Pendal MidCap Custom Index plus the management fee |
| Early Redemption Fee | No | High Water Mark: | N/A |
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
Pendal MidCap Fund
Performance vs Equity Long - Small/Mid Cap - Australia and ASX Small Ordinaries Total Return Index
Since Jun 2008, the Fund has returned 9.59% p.a., compared with the Peer Group's return over the same period of 9.5%. Over the past 12 months, the Fund has returned 6.39% vs the Peer Group's 4.39%. For the 3, 5, and 7 year periods, the Fund has returned 10.54%, 6.27%, and 9.17% respectively vs the Peer Group's returns of 9.72%, 4.17%, and 8.54% respectively. The Fund's returns have been delivered with a volatility of 15.37% p.a. vs the Peer Group's 15.28%.
Only seven years of data shown. Click here to view all data.
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.86 | -2.27 | -10.92 | 3.90 | 2.68 | 0.44 | NA | NA | NA | NA | NA | NA | -5.91 |
| 2025 | 5.65 | -2.65 | -4.63 | 3.11 | 8.29 | 2.30 | 2.29 | 8.71 | 2.61 | 1.17 | -0.96 | -1.10 | 26.70 |
| 2024 | -0.40 | 4.09 | 2.97 | -3.12 | 1.46 | -1.17 | 2.43 | 0.92 | 3.01 | -0.26 | 4.58 | -4.26 | 10.29 |
| 2023 | 6.11 | -1.67 | -1.82 | 2.74 | -1.02 | 1.20 | 2.90 | -0.63 | -4.07 | -6.52 | 5.21 | 6.50 | 8.32 |
| 2022 | -6.76 | 1.38 | 6.81 | -0.12 | -3.88 | -11.85 | 6.69 | 0.88 | -7.72 | 6.53 | 5.08 | -4.18 | -8.98 |
| 2021 | -1.11 | -1.07 | 3.51 | 4.78 | 1.01 | 3.92 | 0.46 | 2.24 | -3.14 | 1.29 | -0.03 | 3.79 | 16.46 |
| 2020 | 4.31 | -7.65 | -16.79 | 13.31 | 4.93 | 2.37 | 0.62 | 4.84 | -2.41 | 3.86 | 7.60 | 4.39 | 17.18 |
| 2019 | 2.54 | 5.23 | 0.14 | 2.11 | 1.60 | 0.24 | 4.39 | -1.70 | 0.93 | 0.03 | 2.31 | -1.42 | 17.42 |
| 2018 | 0.66 | 1.80 | -1.91 | 4.00 | 0.47 | 1.05 | 0.45 | 0.73 | 0.58 | -8.89 | -3.26 | -2.55 | -7.23 |
| 2017 | -0.79 | 2.03 | 2.64 | 0.36 | -0.84 | 3.99 | 0.34 | 2.23 | 0.85 | 5.87 | 2.63 | 3.27 | 24.79 |
| 2016 | -3.05 | -0.88 | 4.88 | -0.28 | 6.17 | -2.85 | 8.50 | 0.07 | -0.59 | -4.29 | 0.97 | 3.65 | 12.08 |
| 2015 | 2.98 | 6.20 | 1.80 | 0.10 | 1.65 | -7.49 | 5.15 | -5.32 | -1.11 | 5.71 | 1.29 | 3.16 | 13.96 |
| 2014 | -2.74 | 6.59 | 0.57 | 1.18 | 0.40 | -0.88 | 4.05 | 0.13 | -3.70 | 3.08 | -0.06 | 3.42 | 12.22 |
| 2013 | 4.83 | 4.35 | -1.25 | 1.39 | -3.07 | -4.34 | 5.62 | 2.99 | 3.59 | 3.15 | -0.93 | 2.98 | 20.43 |
| 2012 | 6.07 | 4.39 | 0.63 | 0.14 | -6.95 | -1.92 | 1.67 | 3.31 | 1.99 | 3.45 | 0.44 | 4.23 | 18.13 |
| 2011 | -1.57 | 2.32 | 0.66 | -2.05 | 1.05 | -2.54 | 0.40 | -4.30 | -9.74 | 9.92 | -2.90 | -3.01 | -12.21 |
| 2010 | -6.59 | 1.24 | 5.80 | 0.42 | -6.69 | -2.69 | 4.73 | 0.49 | 4.99 | 2.01 | 0.74 | 5.16 | 8.95 |
| 2009 | -4.83 | -4.48 | 6.40 | 8.89 | 4.96 | 2.85 | 9.06 | 7.82 | 6.39 | -1.22 | 1.14 | 5.85 | 50.40 |
| 2008 | NA | NA | NA | NA | NA | -1.03 | -3.06 | 5.03 | -11.40 | -18.92 | -4.39 | 7.37 | -25.69 |
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | 6.39% | 10.54% | 6.27% | 9.17% | 9.59% |
| Peer Group | 4.39% | 9.72% | 4.17% | 8.54% | 9.50% | |
| Index2 | 8.10% | 9.89% | 2.97% | 5.50% | 4.98% | |
| Volatility | Fund | 15.32% | 13.95% | 14.95% | 16.26% | 15.37% |
| Peer Group | 13.66% | 11.40% | 13.37% | 17.12% | 15.28% | |
| Index | 15.65% | 13.63% | 16.45% | 18.88% | 16.57% | |
| Sharpe | Fund | 0.24 | 0.50 | 0.28 | 0.48 | 0.50 |
| Peer Group | 0.11 | 0.52 | 0.15 | 0.44 | 0.50 | |
| Index | 0.34 | 0.47 | 0.08 | 0.26 | 0.24 | |
| Sortino | Fund | 0.21 | 0.63 | 0.28 | 0.56 | 0.60 |
| Peer Group | 0.05 | 0.66 | 0.11 | 0.47 | 0.58 | |
| Index | 0.33 | 0.59 | -0.01 | 0.22 | 0.21 | |
| Largest Drawdown | Fund | -13.99% | -13.99% | -15.95% | -23.16% | -32.97% |
| Peer Group | -14.36% | -14.36% | -23.20% | -29.73% | -39.53% | |
| Index | -13.25% | -13.25% | -24.24% | -29.12% | -29.12% |
Return in Index's 10 Best & 10 Worst Months %
Return in Index's 10 Best & 10 Worst Months %
Annualised Return vs Standard Deviation
Pendal MidCap Fund - Annualised Return vs. Standard Deviation
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
Pendal MidCap Fund
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | Pendal Fund Services |
| Custodian: | N/A |
| Administrator: | N/A |
| Auditor: | N/A |
| Legal: | N/A |
| Prime Broker: | N/A |
Available on Investment Platforms
No Data.
Key Staff
About AFM's Fund Reviews and Star Ratings
AFM's proprietary Star Rating system provides a quantitative ranking of performance and risk of funds in its peer group relative to similar funds. Funds must have a minimum 1 year track record.
Star Ratings for Performance reflects annualised return. Risk is a combination of downside deviation, maximum drawdown and longest drawdown, which are allocated in reverse.
| AFM Star Rating | Relative performance band compared to funds in the same Peer Group |
|---|---|
| ★ ★ ★ ★ ★ | Premium: The fund is in the top 10% of all funds in its peer group. |
| ★ ★ ★ ★ ☆ | Top Quartile: The fund ranges between 75 and 90% of all funds in its peer group. |
| ★ ★ ★ ☆ ☆ | Second Quartile: The fund ranges between 50 and 75% of all funds in its peer group. |
| ★ ★ ☆ ☆ ☆ | Third Quartile: The fund ranges between 25 and 50% of all funds in its peer group. |
| ★ ☆ ☆ ☆ ☆ | Fourth Quartile: The fund is in the lowest 25% of all funds in its peer group. |
All performances, rankings and Star Ratings are updated monthly. Past performance does not guarantee future performance.
Copyright
This report is produced and owned by Australian Fund Monitors Pty Ltd and the contents are Copyright 2025. Distribution is limited to those parties with a current Distribution Licence.
Disclaimer
The information in this report, including financial returns, strategies, and other content (collectively referred to as "Content") has been prepared and issued by Australian Fund Monitors Pty Limited (A.C.N. 122 226 724, AFSL 324476) otherwise referred to as AFM. The information and content herein is designed for holders of an Australian Financial Services Licence or for Wholesale or Sophisticated investors, and does not constitute personal financial advice, and is for general information purposes only. Users of this report or any Content of AFM's websites (the "Websites") should not act or make any financial decision without first seeking professional advice. Whilst the Content has been prepared with all reasonable care from sources which we believe are reliable, no responsibility or liability is accepted by AFM for any errors or omissions or misstatements contained herein.