Australia’s top-performing equity fund just returned 166pc in FY26

A little-known money manager operating out of the NSW coastal town of Kingscliff has been crowned Australia’s top equity fund after more than doubling investors’ money in the 2026 financial year, thanks to early investments in two bitcoin miners turned artificial intelligence darlings.

Tectonic Investment Management’s Opportunities Fund returned a massive 166.5 per cent for the year, topping Fund Monitors’ rankings of Australia’s best-performing equity funds.

Source: https://www.afr.com/markets/equity-markets/australia-s-top-performing-equity-fund-just-returned-166pc-in-fy26-20260713-p60ev9