InvestSMART

InvestSMART Group Limited (ASX:INV)

ALERT: Price-sensitive ASX Announcement for INV
Current share price for INV : $0.110 0.027 (32.53%)+
Announcement
Release
22 Apr 2026 12:59PM
Price at Release
$0.083
Full Release
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Summary
InvestSMART Group Limited provided a business update for the quarter ending March 2026, highlighting a decline in total Funds Under Management (FUM) to $712 million, despite positive net FUM flows. This decrease was attributed to the performance of underlying indices and the relative performance of Intelligent Investor Active Exchange Traded Funds. The InvestSMART Professionally Managed Accounts (PMA) platform saw a 2.4% increase in accounts to 3,455. The company reported a minor decrease in operating income and an operating loss for the quarter. Although management fees decreased by 6% from the previous quarter, they were 17% higher than the previous year. Subscription income increased by 2%, with a slight decrease in total subscribers. The company remains focused on long-term growth through its digital and robo-advice ecosystem, investing in online product development and exploring growth areas like comprehensive advice and SMSF administration.
Key Points
  • Funds Under Management (FUM) declined to $712 million.
  • Net FUM flows were positive for the quarter.
  • InvestSMART PMA platform accounts increased by 2.4% to 3,455 accounts.
  • Total funds under management in Intelligent Investor Active ETFs decreased to $281 million.
  • Subscription income increased by 2% compared to the prior quarter.
  • Management fees from funds decreased by 6% from the December 2025 quarter.
  • Operating loss of $140,330 reported for the quarter.
  • InvestSMART is focused on digital growth and expanding its product offerings.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.