PXC Advisors Dynamic Return Fund (formerly the Platinum International Technology Fund)
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:
- Read the PXC Advisors Dynamic Return Fund Product Disclosure Statement dated 14 September
- Learn more about PXC Advisors
The Platinum International Technology Fund is closed to new investors.
Fund performance
Net performance as at **DATE** for Platinum International Technology Fund. Since inception date for C Class is 18 May 2000 and for P Class is 03 July 2017. Past performance is not a reliable indicator of future returns.
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. exclude a 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
See our Unit Pricing page for more information about Platinum’s unit pricing methodology.
Unit pricing | P Class
Unit pricing
See our Unit Pricing page for more information about Platinum’s unit pricing methodology.
Fund reports
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| August 2026 | |
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| December 2025 | |
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| September 2025 |
Continuous disclosure
View the continuous disclosure for important information relating to the Fund.
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 morePXC 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
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This page has been prepared by Platinum Investment Management Limited ABN 25 063 565 006 AFSL 221935, trading as Platinum Asset Management (“Platinum”) is the responsible entity and issuer of units in the Platinum International Technology Fund (“Fund”). The Platinum Trust® Product Disclosure Statement (the “PDS”) provides details about the Fund. You can obtain a copy of the PDS from Platinum’s website www.platinum.com.au, or by contacting Investor Services on 1300 726 700 (Australian investors only), or 0800 700 726 (New Zealand investors only), or 02 9255 7500, or via invest@platinum.com.au. The Fund’s target market determination is available in the following links: P Class and C Class.
The information contained in this presentation is general information only and not intended to be financial product advice. It has not been prepared taking into account any particular investor’s or class of investors’ investment objectives, financial situation or needs, and should not be used as the basis for making investment, financial or other decisions. You should read the entire PDS and consider your particular investment objectives, financial situation and needs prior to making any investment decision to invest in the Fund. You should also obtain professional advice prior to making an investment decision.
Commentary reflects Platinum’s views and beliefs at the time of preparation, which are subject to change without notice. While the information in this page has been prepared in good faith and with reasonable care, no representation or warranty, express or implied, is made as to the accuracy, adequacy or reliability of any statements, estimates, opinions or other information contained in the presentation, and to the extent permitted by law, no liability is accepted by any company of the L1 Group or their directors, officers or employees for any loss or damage as a result of any reliance on this information. The L1 Group means L1 Group Limited ABN 13 050 064 287 and all of its subsidiaries and associated entities (including Platinum). Some numerical figures in this presentation have been subject to rounding adjustments. Certain information contained in this presentation may constitute “forward-looking statements”. Due to various risks and uncertainties, actual events or results, may differ materially from those reflected or contemplated in such forward-looking statements and no undue reliance should be placed on those forward-looking statements.
Any reference to long positions in this presentation means a position which the portfolio holds in an attempt to benefit from an increase in value of the underlying security of the position. Any reference to short positions means a position in which the portfolio holds in an attempt to benefit from a decrease in value of the underlying security of the position. Accordingly, long positions represent the Fund’s exposure to direct long securities positions and indirect long securities/index positions through derivatives; and short positions represent the Fund’s exposure to direct short securities positions and indirect short securities/index positions through derivatives, each as a percentage of the Fund’s NAV.