Home

PXC Advisors Dynamic Return Fund (formerly the Platinum International Technology Fund)

On 14 September 2026, the Platinum International Technology Fund was renamed the PXC Advisors Dynamic Return Fund and management of the Fund transitioned to PXC Advisors Pty Ltd.

Fund update

On 14 September 2026, the Platinum International Technology Fund was renamed the PXC Advisors Dynamic Return Fund and management of the Fund transitioned to PXC Advisors Pty Ltd.

PXC Advisors Pty Ltd now provides investment recommendations for the Fund under a new investment strategy. Platinum Investment Management Limited remains the Fund’s responsible entity and continues to implement its investment decisions.

The PXC Advisors Dynamic Return Strategy is an absolute-return, global long-short strategy focused on identifying mispriced investment opportunities arising from significant business and industry inflection points through intensive bottom-up research and independent thinking.

Existing investments remain in the same registered managed investment scheme, and investors do not need to take any action solely as a result of these changes. Since 14 September 2026, the Fund has moved from daily valuations and withdrawals to monthly dealing.

A new Product Disclosure Statement took effect on 14 September 2026. It outlines the Fund’s updated investment objective and strategy, investment process, risks, fees and costs, dealing arrangements and other features. Investors should read the relevant disclosure documents before investing or deciding whether to continue holding units in the Fund.

For more information:

The Platinum International Technology Fund is closed to new investors.

Fund performance | PXC Advisors Dynamic Return Fund (formerly the Platinum International Technology Fund)

Net performance as at **DATE** for the PXC Advisors Dynamic Return Fund. The returns shown include performance under the Fund’s previous investment strategy before 14 September 2026 and under the PXC Advisors Dynamic Return Fund strategy from that date. Past performance is not a reliable indicator of future returns.

On 14 September 2026, the Platinum International Technology Fund was renamed the PXC Advisors Dynamic Return Fund and its investment strategy materially changed. PXC Advisors Pty Ltd (PXC Advisors) was appointed to provide investment recommendations for the Fund, while Platinum Investment Management Limited remains the responsible entity and continues to implement investment decisions. From the same date, the Fund moved from daily to monthly valuations and withdrawals. Performance shown above relates to the period following this transition. Returns prior to 14 September 2026 reflect the Fund’s previous investment strategy, are shown separately for information purposes only and should not be considered indicative of future returns. Investors should not consider these historical returns when making a decision to invest.

Source: Platinum for Fund returns and FactSet Research Systems Inc. (“FactSet”) for MSCI returns. Investment returns are calculated using the Fund’s NAV unit price (i.e. excluding the buy/sell spread) for C Class and P Class, as indicated, and represent the combined income and capital returns for each of these unit classes in the specified period. All returns are pre-tax, net of fees and costs and assume the reinvestment of distributions. Returns for P Class are net of any accrued investment performance fee. The returns are calculated relative to the MSCI All Country World IT Net Index in A$.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

* MSCI All Country World IT Net Index in A$

Unit pricing | C Class

Unit pricing
NAV Price
Entry
Exit

See our Unit Pricing page for more information about Platinum’s unit pricing methodology.

From
To

Unit pricing | P Class

Unit pricing
NAV Price
Entry
Exit

See our Unit Pricing page for more information about Platinum’s unit pricing methodology.

From
To

Fund reports

Download
September 2026
August 2026
July 2026
June 2026
May 2026
April 2026
March 2026
February 2026
January 2026
December 2025
November 2025
October 2025

Continuous disclosure

View the continuous disclosure documents for important information relating to the Fund.

Change of Control of Responsible Entity

Continuous disclosure

Distribution history

For historical distribution information across all funds, please visit the distribution history page.

Find out more

On 14 September 2026, the Platinum International Technology Fund was renamed the PXC Advisors Dynamic Return Fund and management of the Fund transitioned to PXC Advisors Pty Ltd.

Learn more
PXC Advisors Dynamic Return Fund - Monthly Class | Product Disclosure Statement (PDS)

Dated 14 September 2026

PXC Advisors Dynamic Return Fund - Monthly Class | Target Market Determination (TMD)

Dated 14 September 2026

Redemption Form
PXC Advisors
Learn more

You can also contact us for further assistance.

Platinum Investment Management Limited (“PIML”) (ABN 25 063 565 006), AFSL 221935, is the Responsible Entity for the PXC Advisers Dynamic Return Fund ARSN 092 429 555.

This page has been prepared by PXC Advisors Pty Ltd (ACN 698 403 100), (an authorised representative (no. 001322206) of L1 Capital Pty Ltd (ACN 125 378 145, AFSL 314 302)) and its officers and employees (collectively “PXC”), to provide you with general information only. In preparing it, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither PXC, PIML nor any of its related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. All performance numbers are quoted after fees. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product.

The PXC Advisors Dynamic Return Fund’s Target Market Determination is available here.

Copyright

Copyright in the information on this page is owned by PXC. You may use this information in this publication for your own personal use, but you must not (without PXC’s consent) alter, reproduce or distribute any part of this publication, transmit it to any other person or incorporate the information into any other document.