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L1 Gold Fund launches $1 billion ASX IPO focusing on gold and precious metals
5:02pm on Wednesday 22nd of April, 2026 AEST
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Financial Services
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L1 Gold Fund launches $1 billion ASX IPO focusing on gold and precious metals
5:02pm on Wednesday 22nd of April, 2026 AEST
Key Points
IPO offers up to 500 million shares at $2 each, targeting $1 billion
Portfolio focused on Australian and international gold equities with derivatives use
Managed by L1 Capital with a track record in long-short strategies
Manager fees include 1% management fee and 20% performance fee with high water mark
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L1 GOLD FUND (ASX:LGF)
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