PXC Advisors Dynamic Return Fund
Fund update
From 14 September 2026, the Platinum International Technology Fund will be renamed the PXC Advisors Dynamic Return Fund and will be managed by PXC Advisors Pty Ltd.
PXC Advisors Pty Ltd will provide investment recommendations for the Fund under a new investment strategy. Platinum Investment Management Limited will remain the Fund’s responsible entity and will continue to implement its investment decisions.
PXC Advisors Dynamic Return Strategy is an absolute return global long short strategy focused on identifying mispriced investment opportunities arising from significant business and industry inflection points through intensive bottom-up research and independent thinking.
Existing investments will remain in the same registered managed investment scheme, and investors do not need to take any action solely as a result of these changes.
The Fund’s C Class and P Class units will remain open to existing and new investors. E Class units will remain closed to new investments, other than through the reinvestment of distributions.
A new Product Disclosure Statement has been issued outlining the Fund’s updated investment objective and strategy, investment process, risks, fees and costs, dealing arrangements and other features. Investors should read the relevant disclosure documents before investing or deciding whether to continue holding units in the Fund. The new Product Disclosure Statement will be effective from the 14 September 2026.
Fund overview
Investment approach
Absolute return global long/short strategy focused on identifying mispricing arising from business or industry inflection points through fundamental bottom-up researchInvestment objective
To achieve strong, positive, risk-adjusted returns over the long termReturn objective
To deliver a net return of at least 10% p.a. to investors over the long term (5–7 years)Investment strategy and investments held
To identify companies where market expectations differ from our assessment of future earnings, with a particular focus on opportunities arising from significant business or industry inflection pointsGeography
Global, focused on liquid stocks in developed and emerging marketsBenchmark
Absolute Return strategyTimeframe
5+ yearsHoldings
Typically, 30–60 positions across longs and shortsPosition sizes
• Long: Typically, 2–10%
• Short: Typically, 1–3%
Net/gross exposure
• Maximum net exposure: 1.5x
• Maximum gross exposure: 3.0x
• Typical net long: 30–100%
• Typical gross: 100–200%
Strategy performance
How to Invest
How to invest in the PXC Advisors Dynamic Return Fund
Additional resources
Product Disclosure Statement (PDS)
More on the PXC Advisors Dynamic Return Strategy
Please contact us for further assistance.