InvestSMART

8IP Australian Small Companies - Managed Fund (Closed)

Fund Objective
The Fund will be actively managed with the aim of outperforming the Benchmark over rolling five-year periods, the Investment Manager will do so by seeking to invest primarily in companies with a multi-year competitive advantage, turnaround situations or under-researched companies.
Fund Strategy
The Fund primarily invests in the ordinary shares (fully paid or contributing) of listed Australian and New Zealand companies, with a focus on companies outside the S&P/ASX 100 Index (being the top 100 companies by market capitalisation listed on the Australian Securities Exchange (ASX)) or companies of equivalent Australian dollar market capitalisation on the NZ stock exchange (NZX).

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -5.04% -2.29% -6.02% -12.28% -13.06% 2.22% 2.11% 6.99%
Growth return -5.04% -2.29% -6.02% -29.05% -27.2% -10.94% -9.58% -0.71%
Income return 0% 0% 0% 16.77% 14.14% 13.16% 11.69% 7.7%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return -10.96% -10.87% -9.26% 13.65% 5.93% 8.5% 3.99% 7.29%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

8IP Australian Small Companies
Australian Equities
93.40%
Cash
6.60%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.41%
Cash
4.05%
International Equities
3.71%
Property & Infrastructure
0.12%
Fixed Interest
0%
Alternatives
0.71%

General Information

Fund Details
Type Description
8IP Australian Small Companies
Closed
Equity Trustees Ltd
FHT0012AU
Equity Australia Mid/Small Growth
star (as at 31 May 2023)
Investment Fund
1 Dec 2007
$3.77 million (as at 31 Jan 2022)
$0.7001 (as at 5 Jun 2023)
$0.6967 (as at 5 Jun 2023)
Finalised
Offer information
Type Description
MER 0.95% (as at 17 Dec 2021)
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Dec 2021)

Holding (as at 31 Dec 2021) Type % of Portfolio
HUB24 Ltd Equity 3.35%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the 8IP Australian Small Companies

The objective of the 8IP Australian Small Companies managed fund is The Fund will be actively managed with the aim of outperforming the Benchmark over rolling five-year periods, the Investment Manager will do so by seeking to invest primarily in companies with a multi-year competitive advantage, turnaround situations or under-researched companies.

The strategy of the 8IP Australian Small Companies managed fund is The Fund primarily invests in the ordinary shares (fully paid or contributing) of listed Australian and New Zealand companies, with a focus on companies outside the S&P/ASX 100 Index (being the top 100 companies by market capitalisation listed on the Australian Securities Exchange (ASX)) or companies of equivalent Australian dollar market capitalisation on the NZ stock exchange (NZX).

The APIR code of the 8IP Australian Small Companies managed fund is FHT0012AU.

8IP Australian Small Companies’s total return last month was -5.04%. This was made up of a growth return of -5.04% and an income return of 0%. These returns were calculated as at 31 May 2023.

8IP Australian Small Companies’s total return for the last three months was -2.29%. This was made up of a growth return of -2.29% and an income return of 0%%. These returns were calculated as at 31 May 2023.

8IP Australian Small Companies’s one-year total return is -12.28%. This was made up of a growth return of -29.05% and an income return of 16.77%. These returns were calculated as at 31 May 2023.

8IP Australian Small Companies’s one-year total return is 2.22%. This was made up of a growth return of -10.94% and an income return of 13.16%. These returns were calculated as at 31 May 2023.

The asset allocation of the 8IP Australian Small Companies managed fund is :

Australian Equities
93.40%
Cash
6.60%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the 8IP Australian Small Companies managed fund is Equity Trustees Ltd.

The 8IP Australian Small Companies managed fund belongs to the Equity Australia Mid/Small Growth sector/asset class.

As at 31 Jan 2022, the size of the 8IP Australian Small Companies managed fund was $3.77 million.

The 8IP Australian Small Companies managed fund has an inception date of 1 Dec 2007.

The current entry price of the 8IP Australian Small Companies managed fund is $0.7001 per unit and the current exit price is $0.6967 per unit (as at 5 Jun 2023).

The current exit price of the 8IP Australian Small Companies managed fund is $0.6967 per unit and the current entry price is $0.7001 per unit (as at 5 Jun 2023).

The minimum initial investment amount for the 8IP Australian Small Companies managed fund is $5,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.