How to buy L1 Long Short Fund (LSF) shares

Learn how to easily invest in L1 Long Short Fund shares.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

L1 Long Short Fund is an asset management business based in Australia. L1 Long Short Fund shares (LSF) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. L1 Long Short Fund has a trailing 12-month revenue of around $677.1 million. If you're looking to buy shares, check out the steps below.

How to buy shares in L1 Long Short Fund

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for L1 Long Short Fund . Find the share by name or ticker symbol: LSF. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until L1 Long Short Fund reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of L1 Long Short Fund . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

L1 Long Short Fund stock price (ASX:LSF)

Use our graph to track the performance of LSF stocks over time.

L1 Long Short Fund shares at a glance

Information last updated 2022-05-10.
52-week range$2.1847 - $3.04
50-day moving average $2.9034
200-day moving average $2.7831
Target priceN/A
PE ratio 5.2772
Dividend yield $0.07 (2.82%)
Earnings per share (TTM) $0.523

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
1 - 9 of 9
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
$8
No
ASX shares
Exclusive: Sign up through Finder and get 3 months of free trading up to 50 trades. Offer available to new customers only.
Following your first three months, enjoy $8 flat fee CHESS sponsored brokerage as well as free live stock data all from the convenience of an easy-to-use mobile app
Tiger Brokers
Exclusive
Tiger Brokers
$6.49
No
ASX shares, Global shares, US shares
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 1 extra free GoPro share. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
$9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
IG Share Trading
$8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
CMC Markets Invest
$0
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
Zero Brokerage on your next 50 trades!
Simply transfer an existing HIN before 30 June and pay no fees on your next 50 transactions. Alternatively, transfer your existing shares and receive 5 transactions at zero cost for each shareholding transferred, once again up to 50 free trades. T & Cs apply
Saxo Capital Markets (Classic account)
$5
No
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Bell Direct Share Trading
$15
No
ASX shares, mFunds, ETFs
Get $300 free brokerage until 30 June when you move to Bell Direct. T&Cs apply.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
loading

Compare up to 4 providers

Is it a good time to buy L1 Long Short Fund stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

L1 Long Short Fund price performance over time

Historical closes compared with the last close of A$2.78

1 week (2022-05-10) 0.72%
1 month (2022-04-14) -7.02%
3 months (2022-02-17) -4.79%
6 months (2021-11-17) -2.46%
1 year (2021-05-17) 6.78%
2 years (2020-05-15) 152.73%
3 years (2019-05-17) 86.58%

Is L1 Long Short Fund under- or over-valued?

Valuing L1 Long Short Fund stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of L1 Long Short Fund 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

L1 Long Short Fund 's P/E ratio

L1 Long Short Fund 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, L1 Long Short Fund shares trade at around 5x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

L1 Long Short Fund financials

Revenue TTM $677.1 million
Operating margin TTM 78.98%
Gross profit TTM $888.8 million
Return on assets TTM 9.13%
Return on equity TTM 20.52%
Profit margin 47.07%
Book value 2.777
Market capitalisation $1.7 billion

TTM: trailing 12 months

L1 Long Short Fund share dividends

13%

Dividend payout ratio: 13.46% of net profits

Recently L1 Long Short Fund has paid out, on average, around 13.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.82% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), L1 Long Short Fund shareholders could enjoy a 2.82% return on their shares, in the form of dividend payments. In L1 Long Short Fund 's case, that would currently equate to about A$0.07 per share.

While L1 Long Short Fund 's payout ratio might seem low, this can signify that L1 Long Short Fund is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 13 March 2022 (the "ex-dividend date").

L1 Long Short Fund share price volatility

Over the last 12 months, L1 Long Short Fund 's shares have ranged in value from as little as $2.1847 up to $3.04. A popular way to gauge a stock's volatility is its "beta".

LSF.AU volatility(beta: 1.5)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while L1 Long Short Fund 's is 1.4986. This would suggest that L1 Long Short Fund 's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

L1 Long Short Fund overview

L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.

L1 Long Short Fund in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site