Acorn Capital Microcap - Retail - Managed Fund

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Fund Performance Comparison

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Fee comparison

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

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Benchmark* Peers Fees InvestSMART's Fees
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* 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 May 2018)

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 -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 3.7 4.11 6.89 25.4 13.95 11.55 9.69 1.26

Asset Allocation (31 May 2018)

Australian Equities 58.07%
International Equities 0%
Cash 41.93%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Acorn Capital Microcap - Retail
Australian Unity Funds Management Ltd
Equity Australia Mid/Small Blend
star (as at 31 May 2018)
Investment Fund
17 Dec 2002
$0.57 million (as at 31 May 2018)
$1.4803 (as at 19 Jun 2018)
$1.4803 (as at 19 Jun 2018)

Objectives and Strategy

The Fund's investment manager aims to uncover significant investment opportunities for capital growth over the long-term.
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.

Offer information

Standard entry fee 4.10%
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 28 Feb 2018)

Holding Type % of Portfolio
Vimy Resources Ltd Equity 5.04%
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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
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