Plato Global Alpha Fund Complex ETF (PGA1) Review & Analysis
- +2.7% in September (total return), ahead of the median international shares ETF at +0.0%.
- Investors added a net $96m (5.1% of the fund). That ranked #21 of 508 ETFs for new money.
- The unit price closed the month at $15.39, at or near its 12-month high (range $12.50 to $15.62).
About PGA1
PGA1 is the Plato Global Alpha Fund, an active global shares ETF from Plato Investment Management. Plato is a systematic manager, using data driven models to choose and weight companies from developed markets outside Australia, with the aim of beating a global share benchmark over time. It does not track an index.
Because the process spreads its bets across many companies, the portfolio tends to be broadly diversified and is likely to feature the large US companies found in most global funds, while tilting towards stocks its models favour. Income is generally modest and unfranked, and exchange rate moves affect returns. The fee is much higher than an index fund, so the strategy needs to add value consistently to justify it. As a relatively new ETF, its listed track record is short.
PGA1 may suit investors who want a systematic active manager as part of their global allocation. Another quantitative option is V1AC, and passive alternatives include VGS and BGBL. See V1AC vs PGA1 and PGA1 vs PGI2.
PGA1 distributions and dividend dates
PGA1 pays distributions yearly, usually going ex-distribution in July, with payment about 15 days after the ex-date.
The latest distribution was $0.0016 per unit (0% franked), ex-distribution on 1 July 2025 and paid on 11 July 2025. To receive it you need to own PGA1 before the ex-date.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare PGA1 with
| Fee | 0.88% | 0.89% |
| 1 year | +18.0% | −4.2% |
| 5 yrs p.a. | – | +6.2% |
| Size | $2.0bn | $3.9bn |
| Fee | 0.88% | 0.85% |
| 1 year | +18.0% | – |
| 5 yrs p.a. | – | – |
| Size | $2.0bn | $429m |
| Fee | 0.88% | 0.65% |
| 1 year | +18.0% | +5.7% |
| 5 yrs p.a. | – | – |
| Size | $2.0bn | $11m |
| Fee | 0.88% | 0.18% |
| 1 year | +18.0% | +10.1% |
| 5 yrs p.a. | – | +11.8% |
| Size | $2.0bn | $18.7bn |
PGA1 price by TradingView
| Stock Code | PGA1 |
|---|---|
| Fund Manager | Plato |
| Asset Class | International shares |
| AUM | $2.0bn |
| MER (%) | 0.88% |
| Net flows (Sep) | +$96m |
| Last Price | $15.39 |
| 52-Week Range | $12.50 – $15.62 |
| Bid/Ask Spread | 0.08% |
| Listing Date | 25/11/2024 |
| Exchange | ASX |
| Index | None: actively managed. See the PDS for its benchmark |
| Issuer website | Plato ↗ |
Performance (% return)
$10,000 invested…
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.
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