Alternative Investment Trust Reports NTA of $1.5023 Per Unit as at 31 October 2026

Aditi Sarkar

13 November 2026 10:39 AM AEDT

Alternative Investment Trust Reports NTA of $1.5023 Per Unit as at 31 October 2026

Image Source: Krish Capital Pty Ltd

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Alternative Investment Trust (ASX:AIQ) has disclosed an unaudited Net Tangible Asset (NTA) backing of $1.5023 per unit as at 31 October 2026, with an Adjusted NTA per unit of $1.3865, according to a filing released on 13 November 2026.

Key Points

NTA per unit as at 31 October 2026 was $1.5023
Adjusted NTA per unit as at 31 October 2026 was $1.3865
The Adjusted NTA is calculated by investment manager Warana Capital Pty Limited and is indicative only
No assurance is given that the Adjusted NTA value will be achieved, and it is not produced or reviewed by a third party to AIQ

October 2026 NTA Figures for Alternative Investment Trust

The Alternative Investment Trust disclosed an unaudited NTA per unit of $1.5023 as at 31 October 2026. The trust is managed by One Managed Investment Funds Limited (ACN 117 400 987, AFSL 297042) as responsible entity, with Warana Capital Pty Limited (ACN 611 063 579, AFSL 493579) acting as investment manager. The filing was authorised for release by both entities on 13 November 2026. The trust is listed on the ASX under the code AIQ and carries the ARSN 112 129 218.

Adjusted NTA Methodology and Limitations

AIQ has included an Adjusted NTA of $1.3865 per unit, calculated by investment manager Warana Capital to adjust for underlying funds acquired in the secondary market at discounts to Manager Value, referred to in the filing as Secondary Funds. The Adjusted NTA is equal to the lower of the Manager Value and Warana's estimate of projected recovery cash flows discounted at a rate of 10 per cent per annum. The filing states that the Adjusted NTA is indicative only and is estimated using third-party information and other assumptions which may prove inaccurate.

Disclaimers Accompanying the Adjusted NTA Disclosure

The filing states that neither Warana nor the responsible entity makes any express or implied warranty as to the completeness or accuracy of any projections, market outlooks or estimates used in estimating the Adjusted NTA. The filing further notes that the Adjusted NTA is not produced or reviewed by a third party to AIQ, and unitholders are advised to take care in relying on this metric. The filing describes the Adjusted NTA as an additional indicative valuation resource, noting that the revaluation of Secondary Funds to Manager Value creates an immediate and significant valuation uplift.

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