Lakehouse Global Growth Fund Active ETF (LHGG) Review & Analysis

MER · #503 of 514AUM · Top 50%1Y Return · #413 of 426

What's new this monthData to 30 September 2026

−6.6% in September (total return), behind the median international shares ETF at +0.0%.
Investors withdrew a net $3.1m (-1.3% of the fund).
The unit price closed the month at $1.77, 29% below its 12-month high (range $1.48 to $2.50).

About LHGG

LHGG is an international shares ETF from Lakehouse, listed on the ASX since April 2025. With $234m under management it is number 101 of 254 international shares ETFs by size. The management fee is 1.30% a year, about $130 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Over the past year it returned −24.9%, against +10.4% for the median international shares ETF.

LHGG distributions and dividend dates

LHGG pays distributions yearly, usually going ex-distribution in July, with payment about 19 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $0.0636 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 20 July 2026. To receive it you need to own LHGG before the ex-date.

Its distribution yield over the past 12 months is about 3.5%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare LHGG Check overlap Lakehouse website ↗

Compare LHGG with

LHGGvsHYGG

Hyperion Global Growth Companies Fund - Active ETF

Fee	1.30%	0.70%
1 year	−24.9%	−5.9%
5 yrs p.a.	–	+8.9%
Size	$234m	$3.4bn

Same holdingsNo holdings data

Full comparison →

LHGGvsVDAL

Vanguard Diversified All Growth Index ETF

Fee	1.30%	0.27%
1 year	−24.9%	+8.8%
5 yrs p.a.	–	–
Size	$234m	$515m

Same holdingsNo holdings data

Full comparison →

LHGGvsWCMQ

WCM Quality Global Growth Fund – Active ETF

Fee	1.30%	1.25%
1 year	−24.9%	+3.7%
5 yrs p.a.	–	+10.2%
Size	$234m	$403m

Same holdingsNo holdings data

Full comparison →

LHGGvsMAET

Munro Global Growth Fund Complex ETF

Fee	1.30%	1.35%
1 year	−24.9%	+2.2%
5 yrs p.a.	–	+8.1%
Size	$234m	$374m

Same holdingsNo holdings data

Full comparison →

LHGG price by TradingView

Stock Code	LHGG
Fund Manager	Lakehouse
Asset Class	International shares
AUM	$234m
MER (%)	1.30%
Net flows (Sep)	−$3.1m
Last Price	$1.77
52-Week Range	$1.48 – $2.50
Bid/Ask Spread	0.48%
Listing Date	07/04/2025
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	Lakehouse ↗

Performance (% return)

1 month−6.6%

1 year−24.9%

3 years p.a.–

5 years p.a.–

$10,000 invested…

1 year ago$7,515

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

LHGG at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Higher fee. At 1.30% a year it costs more than 97% of international shares ETFs (median 0.55%), or about $75 a year more on every $10,000.
Wider trading spread. 0.48% between the buy and sell price. Use a limit order.
Short track record. Listed in April 2025, so it hasn't been tested through a full market cycle.

Worked out from LHGG's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 4 Nov 2026

LHGG is in a base. Here's why that matters.

LHGG's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 22.1% below its 12-month high.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

LHGG weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Global

Themes & Sectors

Active ETFs

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
HYGG	Hyperion Global Growth Companies Fund - Active ETF Active	–	0.70%	$3.4bn	−5.9%	+20.9%	+8.9%
VDAL	Vanguard Diversified All Growth Index ETF	–	0.27%	$515m	+8.8%	–	–
WCMQ	WCM Quality Global Growth Fund – Active ETF Active	–	1.25%	$403m	+3.7%	+23.8%	+10.2%
MAET	Munro Global Growth Fund Complex ETF	–	1.35%	$374m	+2.2%	+19.5%	+8.1%
MCGG	Munro Concentrated Global Growth Active ETF Active	–	0.70%	$152m	+3.4%	+24.0%	–
EAFZ	Ellerston Asia Growth Fund Complex ETF	–	0.75%	$38m	+14.2%	+18.3%	–

Same holdings is the share of LHGG's money in companies the other ETF also holds, weighted by size. No other ETF shares much with LHGG, so these are ETFs in the same category. See every ETF like LHGG →

LHGG vs its closest alternatives

What actually differs between LHGG and the ETFs most like it. Data to 30 Sep 2026.

HYGG Hyperion Global Growth Companies Fund - Active ETF

HYGG is cheaper (0.70% vs 1.30%), worth about $36,324 on $100,000 over 20 years.
Over 1 year: LHGG −24.9%, HYGG −5.9% (HYGG ahead by 18.9 percentage points).
HYGG is much larger ($3.4bn vs $234m), which usually means tighter trading spreads.

Compare LHGG and HYGG side by side →

VDAL Vanguard Diversified All Growth Index ETF

VDAL is cheaper (0.27% vs 1.30%), worth about $64,860 on $100,000 over 20 years.
Over 1 year: LHGG −24.9%, VDAL +8.8% (VDAL ahead by 33.7 percentage points).
VDAL is about 2 times larger ($515m vs $234m), which usually means tighter trading spreads.
Different structure: LHGG is actively managed, VDAL is a standard fund.

Compare LHGG and VDAL side by side →

WCMQ WCM Quality Global Growth Fund – Active ETF

WCMQ is cheaper (1.25% vs 1.30%), worth about $2,880 on $100,000 over 20 years.
Over 1 year: LHGG −24.9%, WCMQ +3.7% (WCMQ ahead by 28.5 percentage points).

Compare LHGG and WCMQ side by side →

General information only. Past performance is not a reliable indicator of future performance.

LHGG FAQs

What is the fee for LHGG?

LHGG charges a management fee (MER) of 1.30% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is LHGG?

LHGG had $234m in funds under management as at 30 September 2026.

How has LHGG performed?

LHGG returned −24.9% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages LHGG?

LHGG is managed by Lakehouse and has been listed since April 2025.

Is LHGG franked?

Generally no. LHGG invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

Is LHGG currency hedged?

No, LHGG is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Lakehouse product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.