InvestSMART

Ellerston Australian MicroCap Fund - Managed Fund

Fund Objective
The investment objective of the Fund over time is to outperform the Benchmark over a rolling three year period. The Fund aims to achieve this by investing in between 30 and 60 Australian and New Zealand Securities. Where there is a lack of suitable investment opportunities or to minimise volatility, the Fund may hold up to 20% of its Net Asset Value in Cash.
Fund Strategy
The Fund employs an active, research-driven investment approach which seeks to identify a portfolio of smaller company securities with the aim of delivering superior returns to the Benchmark over time. The Fund will invest in companies that are believed to have the potential to deliver significant upside over the medium term and where there is a reasonable margin of safety to mitigate the downside risk.

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 6.3% 24.15% 37.4% 36.32% 35.52% 24.2% 13.4% -%
Growth return 6.3% 24.15% 37.4% 36.19% 35.13% 23.45% 4.07% -%
Income return 0% 0% 0% 0.13% 0.39% 0.75% 9.33% -%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ellerston Australian MicroCap Fund
Australian Equities
88.39%
International Equities
3.79%
Cash
7.82%

General Information

Fund Details
Type Description
Ellerston Australian MicroCap Fund
Ellerston Capital Limited
ECL0984AU
starstarstarstar (as at 30 Sep 2025)
Unknown
30 Apr 2017
$152.41 million (as at 30 Sep 2025)
$2.1497 (as at 27 Oct 2025)
$2.1389 (as at 27 Oct 2025)
Open
Offer information
Type Description
MER 1.91% (as at 30 Sep 2025)
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00

FAQs about the Ellerston Australian MicroCap Fund

The objective of the Ellerston Australian MicroCap Fund managed fund is The investment objective of the Fund over time is to outperform the Benchmark over a rolling three year period. The Fund aims to achieve this by investing in between 30 and 60 Australian and New Zealand Securities. Where there is a lack of suitable investment opportunities or to minimise volatility, the Fund may hold up to 20% of its Net Asset Value in Cash.

The strategy of the Ellerston Australian MicroCap Fund managed fund is The Fund employs an active, research-driven investment approach which seeks to identify a portfolio of smaller company securities with the aim of delivering superior returns to the Benchmark over time. The Fund will invest in companies that are believed to have the potential to deliver significant upside over the medium term and where there is a reasonable margin of safety to mitigate the downside risk.

The APIR code of the Ellerston Australian MicroCap Fund managed fund is ECL0984AU.

Ellerston Australian MicroCap Fund’s total return last month was 6.3%. This was made up of a growth return of 6.3% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Ellerston Australian MicroCap Fund’s total return for the last three months was 24.15%. This was made up of a growth return of 24.15% and an income return of 0%%. These returns were calculated as at 30 Sep 2025.

Ellerston Australian MicroCap Fund’s one-year total return is 36.32%. This was made up of a growth return of 36.19% and an income return of 0.13%. These returns were calculated as at 30 Sep 2025.

Ellerston Australian MicroCap Fund’s one-year total return is 24.2%. This was made up of a growth return of 23.45% and an income return of 0.75%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the Ellerston Australian MicroCap Fund managed fund is :

Australian Equities
88.39%
International Equities
3.79%
Cash
7.82%

The Responsible Entity for the Ellerston Australian MicroCap Fund managed fund is Ellerston Capital Limited.

As at 30 Sep 2025, the size of the Ellerston Australian MicroCap Fund managed fund was $152.41 million.

The Ellerston Australian MicroCap Fund managed fund has an inception date of 30 Apr 2017.

The current entry price of the Ellerston Australian MicroCap Fund managed fund is $2.1497 per unit and the current exit price is $2.1389 per unit (as at 27 Oct 2025).

The current exit price of the Ellerston Australian MicroCap Fund managed fund is $2.1389 per unit and the current entry price is $2.1497 per unit (as at 27 Oct 2025).

The minimum initial investment amount for the Ellerston Australian MicroCap Fund managed fund is $10,000. Minimum additional investment is $5000.

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.