Datt Absolute Return Fund Performance - August 2025

The Fund Gains 4.08% as Markets Push Higher

The Datt Absolute Return Fund delivered a net return of 4.08% in August, driven by strong performance across technology and mining services exposures. Most portfolio holdings contributed positively, with few detractors.

Performance snapshot

• 1 month: +4.08%
• 3 months: +9.57%
• 1 year: +26.54%
• 3 years (p.a): +14.24%
• 5 years (p.a): +17.00%
• Since inception (p.a): +18.90%
• Since inception (total): +240.05%

Performance reported after all fees and expenses. Inception August 2018. Past performance is not an indicator of future performance.

Disclaimer

• The Fund’s benchmark is the RBA Cash Rate plus 5% per annum.
• Past performance is not a reliable indicator of future results and does not guarantee future returns. Investment in the Fund is limited to wholesale and sophisticated investors as defined under Australian law.
• The Datt Absolute Return Fund was launched in August 2018. Returns shown are calculated net of all fees and expenses and reflect the actual performance since inception. Performance may vary for individual investors depending on the timing of their investment.

Download full report here: Datt Absolute Return Fund Newsletter - August 2025.

Market backdrop

The S&P/ASX 200 rose more than 3% in August, surpassing the 9,000-point mark for the first time. Gains were broad-based across industrials, consumer stocks, and banks. While valuations have started to expand in the small-cap space, the gap with large caps remains significant.

Portfolio positioning

At month end, the Fund held 18 positions, with 83% of capital deployed. The top five positions represented 46% of the portfolio, reflecting a disciplined, conviction-based approach.

We remain cautiously optimistic for the remainder of the year. Current conditions continue to favour skilled, research-driven stock pickers, especially where market mispricing persists.

About the Fund

The Datt Absolute Return Fund is a long-only strategy targeting double-digit returns over the medium term, regardless of market conditions. Established in 2018, the Fund prioritises capital preservation, independent research, and alignment with investors through co-investment.

If you want to learn more about the Absolute Return Fund, visit the Fund Page or contact our Head of Distribution, Daniel Liptak, on 0419 004 524 or via email at daniel@datt.com.au.