Intelligent Investor Small Company Fund

If you invest in a Professionally Managed Account (PMA), there are no performance fees charged. The InvestSMART Australian Small Companies Fund does have a performance fee attached to the product, which is conditional on the fund's performance surpassing a couple of benchmarks. More details are provided in the fund's PDS.

A managed fund pools investors' money into a managed investment scheme, which is generally registered through ASIC, the regulatory financial body. The pooled funds are then managed by an Investment Manager who will buy and sell securities or assets for the fund, on your behalf, thereby making all investment decisions for the fund. The process of deciding which securities to buy and sell for the fund has been pre-determined by the Investment Manager and is based on particular criteria such as asset classes, e.g. International or Domestic shares, or the size of the respective company's market capitalisation.

Your shares will be held in your name in a CHESS sponsored broking account, therefore, in the event where we could not manage your shares anymore, you would continue to hold your shares in your name.

The initial investment amount is $25,000.

Yes. The minimum withdrawal amount is $1,000. If your overall balance falls below $10,000, you may be required to redeem your entire investment.

The underlying securities of the fund are small companies which may be too illiquid to invest in through an exchange on a frequent basis.

Yes, as long as you meet our AML/CTF ID requirements and have an Australian bank account (account must be domiciled in Australia). For further assistance, please call us on 1300 880 160.

 

A Management Fee of 0.97% per annum is charged. If certain benchmarks have been surpassed, then a Performance Fee is also applied. However, the fund does not charge any Establishment, Contribution, Withdrawal and Exit fees. Please read the Product Disclosure Statement for full details.

 

FundBPO is the Custodian and Administrator of the fund. 

An Exchange Traded Fund, or ETF, is a type of managed fund where the underlying securities comprising this fund mimic an Index. Indices are created by ratings agencies to represent a subset of the stock market e.g. the largest companies trading on the Australian Stock Exchange is represented by the All Ordinaries Index. An ETF aims to invest directly in those companies making up a particular Index. As the companies/stocks/securities have already been determined in the Index an ETF is aiming to replicate, the level of funds management required is minimal compared to other types of managed funds where active investment decisions are required. Investing in ETFs are a form of passive investing and generally incur cheaper management fees, as fewer investment decisions are required in terms of managing an ETF.

We offer Professionally Managed Accounts (PMAs) through InvestSMART Group which are portfolios of securities that are managed professionally and cater for a number of investment objectives. These portfolios can comprise of ETFs or direct shares. We recommend that you understand your financial objectives and investment timeframe before committing to an investment. Further information may obtained through our website and we also urge to read all disclosure documents in relation to the PMAs.

InvestSMART Funds Management Limited is the Responsible Entity of the fund.

Intelligent Investor is the Investment Manager of the fund.