InvestSMART

Blackwattle Small Capital Quality - Managed Fund

Fund Objective
The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index after fees but before taxes over the medium to long term.
Fund Strategy
The Fund is a long only equities fund that provides exposure to Australian and New Zealand small capitalisation listed compnaies that are, in the Investment Manager's view, emerging as industry leaders. The portfolio is actively managed typically investing in 30-60 securities primarily outside the S&P/ASX100.

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 5.3% 18.93% 29.05% 18.18% 25.54% -% -% -%
Growth return 5.3% 18.93% 28.58% 17.75% 23.55% -% -% -%
Income return 0% 0% 0.47% 0.43% 1.99% -% -% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 3.44% 15.31% 25.25% 21.5% 20.14% 15.54% 9.27% 9.62%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Blackwattle Small Capital Quality
Australian Equities
98.24%
Cash
1.76%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.05%
Cash
4.08%
International Equities
3.93%
Property & Infrastructure
0.34%
Fixed Interest
0%
Alternatives
0.60%

General Information

Fund Details
Type Description
Blackwattle Small Capital Quality
Equity Trustees Limited (BNP)
ETL0788AU
Equity Australia Mid/Small Blend
Not Rated
Investment Fund
12 Sep 2023
$14.38 million (as at 29 Aug 2025)
$1.5571 (as at 8 Oct 2025)
$1.5493 (as at 8 Oct 2025)
Open
Offer information
Type Description
MER 1.13% (as at 29 Nov 2024)
Indirect Cost Ratio (ICR) 1.13% (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 30 Sep 2023)

Holding (as at 30 Sep 2023) Type % of Portfolio
Deterra Royalties Ltd Ordinary Shares Equity 4.53%
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FAQs about the Blackwattle Small Capital Quality

The objective of the Blackwattle Small Capital Quality managed fund is The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index after fees but before taxes over the medium to long term.

The strategy of the Blackwattle Small Capital Quality managed fund is The Fund is a long only equities fund that provides exposure to Australian and New Zealand small capitalisation listed compnaies that are, in the Investment Manager's view, emerging as industry leaders. The portfolio is actively managed typically investing in 30-60 securities primarily outside the S&P/ASX100.

The APIR code of the Blackwattle Small Capital Quality managed fund is ETL0788AU.

Blackwattle Small Capital Quality’s total return last month was 5.3%. This was made up of a growth return of 5.3% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Blackwattle Small Capital Quality’s total return for the last three months was 18.93%. This was made up of a growth return of 18.93% and an income return of 0%%. These returns were calculated as at 30 Sep 2025.

Blackwattle Small Capital Quality’s one-year total return is 18.18%. This was made up of a growth return of 17.75% and an income return of 0.43%. These returns were calculated as at 30 Sep 2025.

Blackwattle Small 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 30 Sep 2025.

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

Australian Equities
98.24%
Cash
1.76%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

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

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

As at 29 Aug 2025, the size of the Blackwattle Small Capital Quality managed fund was $14.38 million.

The Blackwattle Small Capital Quality managed fund has an inception date of 12 Sep 2023.

The current entry price of the Blackwattle Small Capital Quality managed fund is $1.5571 per unit and the current exit price is $1.5493 per unit (as at 8 Oct 2025).

The current exit price of the Blackwattle Small Capital Quality managed fund is $1.5493 per unit and the current entry price is $1.5571 per unit (as at 8 Oct 2025).

The minimum initial investment amount for the Blackwattle Small 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.