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  5. Blackwattle Mid Capital Quality - Managed fund profile

Blackwattle Mid Capital Quality - Managed Fund

Fund Objective
The Fund aims to outperform the S&P/ASX300 Accumulation Index (excluding the S&P/ASX20 Accumulation Index after fees but before taxes over the long term.
Fund Strategy
The Fund is a long only equities fund that procvides exposure to Austrralian and New Zealand mid capitalisation listed companies that are industry leaders with strong financial metrics. The portfolio is concentrated (investing in 20-35 securities), allowing the Investment Manager to focus on its best ideas, targeting long term ownership of high-quality businesses.

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 -5.01% -4.61% -3.26% 3.01% -% -% -% -%
Growth return -5.01% -4.61% -3.26% -0.04% -% -% -% -%
Income return 0% 0% 0% 3.05% -% -% -% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 1.84% -4.58% -1.99% 3.73% 5.53% 0.29% 7.73% 6.33%
As at 31 Mar 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Blackwattle Mid Capital Quality
Australian Equities
98.50%
Cash
1.50%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.31%
Cash
4.27%
International Equities
3.64%
Property
0.50%
Fixed Interest
0%
Alternatives
0.27%

General Information

Fund Details
Type Description
Blackwattle Mid Capital Quality
Equity Trustees Limited (BNP)
ETL1479AU
Equity Australia Mid/Small Blend
Not Rated
Investment Fund
8 Aug 2023
$7.2 million (as at 29 Sep 2023)
$1.1796 (as at 30 Apr 2025)
$1.1738 (as at 30 Apr 2025)
Open
Offer information
Type Description
MER 0.92% (as at 28 Oct 2024)
Indirect Cost Ratio (ICR) 0.92% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Aug 2023)

Holding (as at 31 Aug 2023) Type % of Portfolio
ResMed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh Equity 8.83%
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FAQs about the Blackwattle Mid Capital Quality

The objective of the Blackwattle Mid Capital Quality managed fund is The Fund aims to outperform the S&P/ASX300 Accumulation Index (excluding the S&P/ASX20 Accumulation Index after fees but before taxes over the long term.

The strategy of the Blackwattle Mid Capital Quality managed fund is The Fund is a long only equities fund that procvides exposure to Austrralian and New Zealand mid capitalisation listed companies that are industry leaders with strong financial metrics. The portfolio is concentrated (investing in 20-35 securities), allowing the Investment Manager to focus on its best ideas, targeting long term ownership of high-quality businesses.

The APIR code of the Blackwattle Mid Capital Quality managed fund is ETL1479AU.

Blackwattle Mid Capital Quality’s total return last month was -5.01%. This was made up of a growth return of -5.01% and an income return of 0%. These returns were calculated as at 31 Mar 2025.

Blackwattle Mid Capital Quality’s total return for the last three months was -4.61%. This was made up of a growth return of -4.61% and an income return of 0%%. These returns were calculated as at 31 Mar 2025.

Blackwattle Mid Capital Quality’s one-year total return is 3.01%. This was made up of a growth return of -0.04% and an income return of 3.05%. These returns were calculated as at 31 Mar 2025.

Blackwattle Mid Capital Quality’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 31 Mar 2025.

The asset allocation of the Blackwattle Mid Capital Quality managed fund is :

Australian Equities
98.50%
Cash
1.50%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Blackwattle Mid Capital Quality managed fund is Equity Trustees Limited (BNP).

The Blackwattle Mid Capital Quality managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 29 Sep 2023, the size of the Blackwattle Mid Capital Quality managed fund was $7.2 million.

The Blackwattle Mid Capital Quality managed fund has an inception date of 8 Aug 2023.

The current entry price of the Blackwattle Mid Capital Quality managed fund is $1.1796 per unit and the current exit price is $1.1738 per unit (as at 30 Apr 2025).

The current exit price of the Blackwattle Mid Capital Quality managed fund is $1.1738 per unit and the current entry price is $1.1796 per unit (as at 30 Apr 2025).

The minimum initial investment amount for the Blackwattle Mid Capital Quality managed fund is $25,000. 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.