Your data is being crunched

Fund Performance Comparison

This fund is benchmarked against the {{ }} index.

This fund's fees are: {{ mer | percentage:2 }}

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

{{ }} Average
Benchmark* Peers Fees InvestSMART's Fees
{{ fund.fees | percentage:2 }} N/A {{ fund.benchmark.peers.mer | percentage:2 }} {{ fund.model.mer | percentage:2 }}

* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 Jul 2016)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -1.44 2.07 -0.92 -14.19 3.71 6.6 - -
Growth return -1.44 -0.86 -11.93 -23.74 -4.6 -2.94 - -
Income return 0 2.93 11.01 9.55 8.31 9.54 - -

Market index (MSCI AC Asia Ex Japan NR AUD)

Total return -1.56 0.8 3.08 15.38 19.92 7.84 13.2 7.44

Asset Allocation (31 Jul 2016)

Australian Equities 0%
International Equities 0%
Cash 100%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Acorn Capital Asia Small Capital
Australian Unity Funds Management Ltd
Equity Asia Pacific w/o Japan
star (as at 31 Jul 2016)
Investment Fund
21 Nov 2012
$10.05 million (as at 31 Jul 2016)
$1.114 (as at 10 Aug 2016)
$1.1052 (as at 10 Aug 2016)

Objectives and Strategy

The fund aims to generate returns for investors over the long-term by focusing on small cap Asian stocks. Small capitalisation stocks are generally defined by Acorn Capital as the companies between the 85th and 99th percentile of companies by size, listed on Asian stock exchanges (excluding Japan) on a regional basis.
The Fund generally invests between 80-100% of its assets in listed Asian shares, with up to 20% invested in cash and similar investments.

Offer information

Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 May 2016)

Holding Type % of Portfolio
Hugel Inc Equity 3.68%
Login now to view the complete list of holdings.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.