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  5. Cromwell Phoenix Opportunities Fund - Managed fund profile

Cromwell Phoenix Opportunities Fund - Managed Fund

Fund Objective
The objective of the Fund, over rolling 5 year periods is to: Deliver a total return in excess of inflation1 (as measured by the Consumer Price Index) plus 7.5%, and Outperform the S&P/ASX Small Ordinaries Accumulation Index ('Benchmark') after fees and costs.
Fund Strategy
The Fund holds a concentrated portfolio of ASX listed small capitalisation securities ('microcaps') that are selected using a value orientated 'best ideas' investment philosophy. Investments are likely to be in small companies with the majority selected from outside the top 300 listed securities by market capitalisation. Microcaps are considered to be the most inefficiently priced sector of the Australian securities market and offer the greatest potential to add value through an active management approach.

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 0.39% 4.25% 3.49% 3.04% 1.87% 9.28% 13.03% 14.77%
Growth return 0.39% 4.21% 2.35% -1.32% -11.34% -3.44% 2.25% 5.43%
Income return 0% 0.04% 1.14% 4.36% 13.21% 12.72% 10.78% 9.34%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 4.79% 7.55% 16.71% 13.83% -0.6% 2.72% -% 6.69%
As at 29 Feb 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Cromwell Phoenix Opportunities Fund
Australian Equities
96.20%
Cash
3.80%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
90.74%
Cash
4.55%
International Equities
2.44%
Property
1.98%
Fixed Interest
0.25%
Alternatives
0.03%

General Information

Fund Details
Type Description
Cromwell Phoenix Opportunities Fund
Cromwell Funds Management Limited
CRM0028AU
Equity Australia Mid/Small Value
starstarstarstarstar (as at 31 Jan 2024)
Investment Fund
23 Dec 2011
$46.45 million (as at 31 Mar 2024)
$2.2701 (as at 31 Mar 2024)
$2.2475 (as at 31 Mar 2024)
Closed
Offer information
Type Description
Indirect Cost Ratio (ICR) 4.79% (as at 30 Jun 2022)
Performance fee (not included in ICR) 4.5
Minimum initial investment $500,000
Minimum additional investments $10,000.00

FAQs about the Cromwell Phoenix Opportunities Fund

The objective of the Cromwell Phoenix Opportunities Fund managed fund is The objective of the Fund, over rolling 5 year periods is to: Deliver a total return in excess of inflation1 (as measured by the Consumer Price Index) plus 7.5%, and Outperform the S&P/ASX Small Ordinaries Accumulation Index ('Benchmark') after fees and costs.

The strategy of the Cromwell Phoenix Opportunities Fund managed fund is The Fund holds a concentrated portfolio of ASX listed small capitalisation securities ('microcaps') that are selected using a value orientated 'best ideas' investment philosophy. Investments are likely to be in small companies with the majority selected from outside the top 300 listed securities by market capitalisation. Microcaps are considered to be the most inefficiently priced sector of the Australian securities market and offer the greatest potential to add value through an active management approach.

The APIR code of the Cromwell Phoenix Opportunities Fund managed fund is CRM0028AU.

Cromwell Phoenix Opportunities Fund’s total return last month was 0.39%. This was made up of a growth return of 0.39% and an income return of 0%. These returns were calculated as at 29 Feb 2024.

Cromwell Phoenix Opportunities Fund’s total return for the last three months was 4.25%. This was made up of a growth return of 4.21% and an income return of 0.04%%. These returns were calculated as at 29 Feb 2024.

Cromwell Phoenix Opportunities Fund’s one-year total return is 3.04%. This was made up of a growth return of -1.32% and an income return of 4.36%. These returns were calculated as at 29 Feb 2024.

Cromwell Phoenix Opportunities Fund’s one-year total return is 9.28%. This was made up of a growth return of -3.44% and an income return of 12.72%. These returns were calculated as at 29 Feb 2024.

The asset allocation of the Cromwell Phoenix Opportunities Fund managed fund is :

Australian Equities
96.20%
Cash
3.80%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Cromwell Phoenix Opportunities Fund managed fund is Cromwell Funds Management Limited.

The Cromwell Phoenix Opportunities Fund managed fund belongs to the Equity Australia Mid/Small Value sector/asset class.

As at 31 Mar 2024, the size of the Cromwell Phoenix Opportunities Fund managed fund was $46.45 million.

The Cromwell Phoenix Opportunities Fund managed fund has an inception date of 23 Dec 2011.

The current entry price of the Cromwell Phoenix Opportunities Fund managed fund is $2.2701 per unit and the current exit price is $2.2475 per unit (as at 31 Mar 2024).

The current exit price of the Cromwell Phoenix Opportunities Fund managed fund is $2.2475 per unit and the current entry price is $2.2701 per unit (as at 31 Mar 2024).

The minimum initial investment amount for the Cromwell Phoenix Opportunities Fund managed fund is $500,000. Minimum additional investment is $10000.

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.