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Why Did Morphic Ethical Equities Fund’s Profit Halve Despite Rising NTA?

3:12pm on Tuesday 17th of February, 2026 AEDT Financial Services
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Why Did Morphic Ethical Equities Fund’s Profit Halve Despite Rising NTA?

3:12pm on Tuesday 17th of February, 2026 AEDT
Key Points
  • Half-year profit after tax of $1.26 million, down from $2.96 million prior year
  • Net tangible asset value per share rose to $1.3483 before tax
  • Portfolio returned 5.24% net but lagged benchmark by 4.01%
  • Declared fully franked quarterly dividend of 1 cent per share
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