L1 Capital International Unhedged Active ETF Announces Final Distribution of 3.7471 Cents Per Unit for FY2026

L1 Capital International Unhedged Active ETF Confirms 3.7471 Cents Per Unit Distribution for FY2026

On 3 July 2026, Equity Trustees Limited, acting as Responsible Entity for the L1 Capital International (Unhedged) Active ETF, officially confirmed the fund’s final distribution of 3.7471 cents per unit for the financial year ending 30 June 2026. This amount represents the total distribution payable to unitholders of record for the full year.

The announcement, authorised by Andrew Godfrey, Director at Equity Trustees Limited, was lodged with the Australian Securities Exchange. It provides unitholders with the exact distribution figure needed to estimate income ahead of the 17 July 2026 payment date. The overall dollar value of the distribution pool was not disclosed.

Important Dates for L1I Unitholders Regarding the June 2026 Distribution

The distribution process follows a clear timeline important for both current and prospective unitholders. The ex-distribution date was 1 July 2026, meaning units purchased on or after this date are not eligible for the current distribution. The record date was 2 July 2026, establishing which unitholders qualify for the payment.

The deadline to elect participation in the DRP was 3 July 2026, coinciding with the announcement date. Cash payments to unitholders not participating in the DRP or whose elections were processed will be made on 17 July 2026. Unitholders with questions about their distribution or payment status were advised to contact the fund at (02) 8067 7090.

Distribution Reinvestment Plan Activated for Annual Payout

As indicated in a prior update on 26 June 2026, the fund’s Distribution Reinvestment Plan is operational for this distribution. The DRP enables eligible unitholders to reinvest their distribution by receiving additional units instead of cash.

The last day to submit DRP election notices was 3 July 2026. Unitholders who did not submit a valid election by this date will receive their distribution in cash on 17 July 2026. Details regarding the DRP unit issue price and total units to be issued were not provided.

Overview of L1 Capital International Unhedged Active ETF and Its Structure

The L1 Capital International (Unhedged) Active ETF is an actively managed fund listed on the ASX under ticker L1I. Managed by L1 Capital International Pty Ltd (ABN 94 864 323 141) headquartered at Level 32, 1 Farrar Place, Governor Phillip Tower, Sydney NSW 2000, the fund invests in international equities. The “unhedged” status means it does not hedge foreign currency exposure back to Australian dollars, so returns are affected by currency fluctuations.

Equity Trustees Limited (ACN 004 031 298, AFSL 240975) serves as the Responsible Entity, overseeing the fund’s operation and distribution payments. The fund’s website is www.L1International.com.

Impact of Unhedged Currency Exposure on Distribution Results

Because the fund does not hedge currency, its returns and distributable income are sensitive to changes in the Australian dollar relative to the currencies of its holdings. A weaker Australian dollar against major currencies like the US dollar or Euro typically enhances returns for unhedged international funds, while a stronger Australian dollar can reduce the value of overseas income and gains when converted.

This currency effect is an important factor for investors comparing distributions year over year. The announcement did not include comparisons to prior distributions, net asset value per unit, total assets under management, or portfolio performance for FY2026. Investors seeking context should consult additional disclosures or the fund’s annual report when available.

Equity Trustees’ Role in Declaring the Distribution

Equity Trustees Limited, a licensed Australian Financial Services provider (AFSL 240975), acts as Responsible Entity for L1I. It is responsible for declaring distributions in line with the fund’s constitution and Australian law. The announcement confirming the 3.7471 cents per unit distribution was authorised by Andrew Godfrey, Director at Equity Trustees.

This governance structure, separating the Responsible Entity from the investment manager, is common in Australian managed funds and provides an additional layer of oversight and investor protection. Equity Trustees is accountable to ASIC and unitholders for proper fund administration and timely income distribution.

What the 17 July 2026 Payment Date Means for Unitholders

Unitholders on the register as of the 2 July 2026 record date who did not elect to participate in the DRP will receive a cash payment of 3.7471 cents per unit on 17 July 2026. Payments will be made directly to nominated bank accounts or via brokers, depending on how units are held.

For SMSFs, individual investors, and institutional holders, distributions from an active ETF like L1I may have tax implications depending on individual circumstances and the distribution’s composition, such as Australian franked dividends, foreign income, or capital gains. Tax details were not disclosed and will likely be provided in forthcoming distribution statements.

Investor Insights on L1I’s Active ETF Model and Distribution Cycle

Unlike passive index-tracking ETFs, L1I’s active management means portfolio holdings and weightings are selected at the manager’s discretion. This can result in variability in returns and distributable income year to year, influenced by portfolio decisions, market conditions, and currency movements. The 3.7471 cents per unit distribution reflects income and realised gains determined by Equity Trustees under the fund’s constitution.

Investors should monitor unit price performance, future distribution announcements, and portfolio disclosures when evaluating L1I. The next key event is the 17 July 2026 cash distribution payment or, for DRP participants, the allotment of additional units. Details on DRP pricing and unit issuance were not included in this announcement.

Additional Resources for L1I Distribution and DRP Information

Unitholders and interested parties seeking more information about the L1 Capital International (Unhedged) Active ETF distribution or DRP can contact the fund at (02) 8067 7090 or visit www.L1International.com. Further details including tax components, DRP unit allotments, and product disclosure updates may be released by Equity Trustees or L1 Capital International Pty Ltd in due course.

The immediate impact on the unit price was not evident from public data. Distribution announcements can affect short-term unit prices around the ex-distribution date, typically adjusting downward by roughly the distribution amount. However, actual market pricing depends on broader conditions, sentiment, and ASX trading volumes. Investors should perform due diligence and consider independent advice before making investment decisions.