InvestSMART

Auscap ex-20 Australian Equities Fund - Managed Fund

Fund Objective
The Fund’s investment strategy is to have a diverse portfolio of listed Australian equities purchased primarily from the S&P/ASX 300 Index, but excluding securities purchased from the S&P/ASX 20 Index. While the Fund cannot purchase securities in the S&P/ASX 20 Index, if a security is already held by the Fund and then moves into the S&P/ASX 20 Index it may continue to be held for so long as Auscap’s investment team deem appropriate.
Fund Strategy
The Fund’s investment strategy is to have a diverse portfolio of listed Australian equities purchased primarily from the S&P/ASX 300 Index, but excluding securities purchased from the S&P/ASX 20 Index. While the Fund cannot purchase securities in the S&P/ASX 20 Index, if a security is already held by the Fund and then moves into the S&P/ASX 20 Index it may continue to be held for so long as Auscap’s investment team deem appropriate.

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 -4.4% -4.59% -0.97% 13.65% 10.06% -% -% -%
Growth return -2.74% -5.59% -5.16% 8.82% 3.42% -% -% -%
Income return -1.66% 1% 4.19% 4.83% 6.64% -% -% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return -2.57% 1.53% 5.42% 23.05% 14.92% 12.51% 6.6% 9.12%
As at 28 Feb 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Auscap ex-20 Australian Equities Fund
Australian Equities
99.19%
Cash
0.81%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.97%
Cash
3.86%
International Equities
3.32%
Property & Infrastructure
0.14%
Fixed Interest
0%
Alternatives
0.71%

General Information

Fund Details
Type Description
Auscap ex-20 Australian Equities Fund
Auscap Asset Management Pty Ltd
ASX6179AU
Equity Australia Mid/Small Growth
Not Rated
Investment Fund
30 Nov 2023
$38.97 million (as at 31 Jul 2025)
$1.2406 (as at 11 Mar 2026)
$1.2344 (as at 11 Mar 2026)
Open
Offer information
Type Description
MER 1.41% (as at 4 Sep 2025)
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2025)
Minimum initial investment $10,000.00
Minimum additional investments

Top 10 holdings (as at 28 Feb 2026)

Holding (as at 28 Feb 2026) Type % of Portfolio
Reece Ltd 5.59%
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FAQs about the Auscap ex-20 Australian Equities Fund

The objective of the Auscap ex-20 Australian Equities Fund managed fund is The Fund’s investment strategy is to have a diverse portfolio of listed Australian equities purchased primarily from the S&P/ASX 300 Index, but excluding securities purchased from the S&P/ASX 20 Index. While the Fund cannot purchase securities in the S&P/ASX 20 Index, if a security is already held by the Fund and then moves into the S&P/ASX 20 Index it may continue to be held for so long as Auscap’s investment team deem appropriate.

The strategy of the Auscap ex-20 Australian Equities Fund managed fund is The Fund’s investment strategy is to have a diverse portfolio of listed Australian equities purchased primarily from the S&P/ASX 300 Index, but excluding securities purchased from the S&P/ASX 20 Index. While the Fund cannot purchase securities in the S&P/ASX 20 Index, if a security is already held by the Fund and then moves into the S&P/ASX 20 Index it may continue to be held for so long as Auscap’s investment team deem appropriate.

The APIR code of the Auscap ex-20 Australian Equities Fund managed fund is ASX6179AU.

Auscap ex-20 Australian Equities Fund’s total return last month was -4.4%. This was made up of a growth return of -2.74% and an income return of -1.66%. These returns were calculated as at 28 Feb 2026.

Auscap ex-20 Australian Equities Fund’s total return for the last three months was -4.59%. This was made up of a growth return of -5.59% and an income return of 1%%. These returns were calculated as at 28 Feb 2026.

Auscap ex-20 Australian Equities Fund’s one-year total return is 13.65%. This was made up of a growth return of 8.82% and an income return of 4.83%. These returns were calculated as at 28 Feb 2026.

Auscap ex-20 Australian Equities Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2026.

The asset allocation of the Auscap ex-20 Australian Equities Fund managed fund is :

Australian Equities
99.19%
Cash
0.81%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Auscap ex-20 Australian Equities Fund managed fund is Auscap Asset Management Pty Ltd.

The Auscap ex-20 Australian Equities Fund managed fund belongs to the Equity Australia Mid/Small Growth sector/asset class.

As at 31 Jul 2025, the size of the Auscap ex-20 Australian Equities Fund managed fund was $38.97 million.

The Auscap ex-20 Australian Equities Fund managed fund has an inception date of 30 Nov 2023.

The current entry price of the Auscap ex-20 Australian Equities Fund managed fund is $1.2406 per unit and the current exit price is $1.2344 per unit (as at 11 Mar 2026).

The current exit price of the Auscap ex-20 Australian Equities Fund managed fund is $1.2344 per unit and the current entry price is $1.2406 per unit (as at 11 Mar 2026).

The minimum initial investment amount for the Auscap ex-20 Australian Equities Fund managed fund is $10,000. Minimum additional investment is $0.

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.