Highlights

  • L1 Global Long Short Fund provides access to a global long short Investment strategy.
  • The fund reported monthly performance and net Tangible Asset updates during 2026.
  • The portfolio includes both long and short positions across global markets.
  • A fully Franked Dividend of 2.0 cents per share was scheduled for September 2026.
  • The fund operates under the management of L1 Capital.

L1 Global Long Short Fund Limited (ASX:GLS) is a listed investment company providing access to L1 Capital’s global long short strategy. The fund invests across international markets using long and short positions, with Portfolio Management focused on company research and individual security selection.

Recent Performance Update

The August 2026 monthly report lodged on 10 September 2026 provided an update on portfolio performance. The fund reported a monthly net return of 8.0% and disclosed performance since L1 Capital became investment manager on 28 November 2025.

The company also announced a fully franked dividend of 2.0 cents per share for the six months ended 30 June 2026.

Investment Structure

L1 Global Long Short Fund operates as a listed investment company with a portfolio managed by L1 Capital. The strategy uses long and short positions across global equities and is managed by co-chief investment officers Raphael Lamm and Mark Landau.

The fund’s approach is based on fundamental company research rather than index weightings.

Portfolio Position

At 31 August 2026, the portfolio consisted of 104 positions, including long and short investments. The fund reported exposure across North America, Asia-Pacific, Europe and other markets.

The portfolio structure allows the manager to take positions based on individual company assessments and broader market opportunities.

Financial and Operational Position

The fund reported net tangible asset updates as part of its regular reporting process. At 31 August 2026, the company disclosed pre-tax and after-tax net tangible asset values per share.

The company also provides regular portfolio updates through monthly reporting and asset disclosures.

Key Risks

Long short investment strategies involve exposure to both long and short positions, which can create different risk factors compared with traditional Equity portfolios. Market movements, currency changes and portfolio decisions may influence future results.

Key Insights

L1 Global Long Short Fund provides investors with access to a managed global investment strategy through a listed structure. Future company updates will provide further information on portfolio positioning, asset values and distributions.