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  5. Acorn Capital Microcap - Retail - Managed fund profile

Acorn Capital Microcap - Retail - Managed Fund (Closed)

Fund Objective
The Fund's investment manager aims to uncover significant investment opportunities for capital growth over the long-term.
Fund Strategy
The Fund gains exposure to microcaps by investing in the AUI-Acorn Wholesale Microcap Trust (underlying fund), which primarily invests in microcap Australian companies listed or soon to be listed on the ASX. The underlying Fund generally invests between 80-100% of its assets in Australian shares, with up to 20% able to be invested in cash and similar investments.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -3.17% -5.12% -0.58% 20.67% 7.91% 7.52% 5.27% 0.41%
Growth return -3.17% -5.12% -0.58% 20.62% 7.81% 7.45% 4.2% -4.3%
Income return 0% 0% 0% 0.05% 0.1% 0.07% 1.07% 4.71%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 8.41% 12.42% 16.72% 23.4% 15.71% 9.81% 7.91% 9.19%
As at 31 May 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Acorn Capital Microcap - Retail
Australian Equities
58.07%
Cash
41.93%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.26%
Cash
3.90%
International Equities
3.88%
Property & Infrastructure
0.34%
Fixed Interest
0%
Alternatives
0.60%

General Information

Fund Details
Type Description
Acorn Capital Microcap - Retail
Closed
Australian Unity Funds Management Ltd
AUS0115AU
Equity Australia Mid/Small Blend
star (as at 31 May 2018)
Investment Fund
17 Dec 2002
$0.57 million (as at 31 May 2018)
$1.4395 (as at 28 Jun 2018)
$1.4395 (as at 28 Jun 2018)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 2.50% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 2.50% (as at 30 Jun 2014)
Minimum initial investment $1,000.00
Minimum additional investments $500.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Aug 2018)

Holding (as at 31 Aug 2018) Type % of Portfolio
Vimy Resources Ltd Equity 14%
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FAQs about the Acorn Capital Microcap - Retail

The objective of the Acorn Capital Microcap - Retail managed fund is The Fund's investment manager aims to uncover significant investment opportunities for capital growth over the long-term.

The strategy of the Acorn Capital Microcap - Retail managed fund is The Fund gains exposure to microcaps by investing in the AUI-Acorn Wholesale Microcap Trust (underlying fund), which primarily invests in microcap Australian companies listed or soon to be listed on the ASX. The underlying Fund generally invests between 80-100% of its assets in Australian shares, with up to 20% able to be invested in cash and similar investments.

The APIR code of the Acorn Capital Microcap - Retail managed fund is AUS0115AU.

Acorn Capital Microcap - Retail’s total return last month was -3.17%. This was made up of a growth return of -3.17% and an income return of 0%. These returns were calculated as at 31 May 2018.

Acorn Capital Microcap - Retail’s total return for the last three months was -5.12%. This was made up of a growth return of -5.12% and an income return of 0%%. These returns were calculated as at 31 May 2018.

Acorn Capital Microcap - Retail’s one-year total return is 20.67%. This was made up of a growth return of 20.62% and an income return of 0.05%. These returns were calculated as at 31 May 2018.

Acorn Capital Microcap - Retail’s one-year total return is 7.52%. This was made up of a growth return of 7.45% and an income return of 0.07%. These returns were calculated as at 31 May 2018.

The asset allocation of the Acorn Capital Microcap - Retail managed fund is :

Australian Equities
58.07%
Cash
41.93%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Acorn Capital Microcap - Retail managed fund is Australian Unity Funds Management Ltd.

The Acorn Capital Microcap - Retail managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 31 May 2018, the size of the Acorn Capital Microcap - Retail managed fund was $0.57 million.

The Acorn Capital Microcap - Retail managed fund has an inception date of 17 Dec 2002.

The current entry price of the Acorn Capital Microcap - Retail managed fund is $1.4395 per unit and the current exit price is $1.4395 per unit (as at 28 Jun 2018).

The current exit price of the Acorn Capital Microcap - Retail managed fund is $1.4395 per unit and the current entry price is $1.4395 per unit (as at 28 Jun 2018).

The minimum initial investment amount for the Acorn Capital Microcap - Retail managed fund is $1,000. Minimum additional investment is $500.

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.