Investing With Us
Reliable, Sustainable Returns from Real Assets
The Argyle Water Fund offers investors the opportunity to gain exposure to a portfolio of Australian water entitlements. With strong foundations in responsible investment and real-world impact, the Fund provides a unique path to long-term, risk-adjusted returns, supported by Australia’s agricultural growth and increasing water demand.
Why Water Entitlements?

Limited Supply, Increasing Value
Water is one of Australia’s most valuable and scarce agricultural inputs. As demand increases and access remains capped, entitlements have demonstrated strong long-term capital growth.

Supporting High-Value Agriculture
Our portfolio services irrigators across the southern Murray-Darling Basin, supporting crops such as tree nuts, wine grapes, cotton, rice, citrus and high-value horticulture.

Proven Income and Capital Growth
Annual income is generated through leases and forward sales of allocated water to qualified irrigators, while capital growth has been driven by increasing scarcity and shifting use towards more efficient and valuable production systems.
our investments
Portfolio Overview
Argyle’s portfolio is strategically designed to balance reliability, performance and resilience. By diversifying across geographies, counterparties and crop types, we create long-term value while managing risk.
Diversified Geography
Diversified Geography
Diversified Geography
The portfolio spans multiple river systems and climatic zones across the Murray-Darling Basin and other catchments. This diversity reduces exposure to regional variability and supports more consistent outcomes across changing conditions.

Efficient Irrigators
Efficient Irrigators
Efficient Irrigators
We lease entitlements and sell water allocations to highly efficient irrigators who demonstrate responsible and sustainable water use. Scarce water is progressively bid to its highest and best use.

Income Generation
Income Generation
Income Generation
Annual income is delivered through active leasing of water entitlements and the forward or spot sale of allocated volumes. This income complements long-term capital growth to create a balanced return profile.

Uncorrelated Returns
Uncorrelated Returns
Uncorrelated Returns
Water entitlement performance has historically been uncorrelated with broader financial markets. This offers investors a valuable diversification benefit, particularly in periods of economic uncertainty.

Our Strategy
How We Invest
The Fund targets pre-tax returns of 10 to 14 per cent per annum through a combination of income and capital growth. Our approach is focused on:
Long-term ownership and careful asset selection
Strategic aggregation to capture value from scale
A focus on yield reliability and long-term value
Active management to ensure the portfolio remains well positioned
Alignment with investor liquidity preferences and ESG goals


Partner with Us for Growth
Join us in transforming Australia’s food and fibre production through strategic water investments.