First Sentier Australian Small Companies - Managed Fund

Fund Objective

To provide long-term capital growth by investing predominantly in small Australian companies. The option aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over rolling three year periods before fees and taxes.

Fund Strategy

The option's strategy is to favour companies with sustainable competitive advantages; strong financials; quality management and predictable earnings. By investing in these companies the option aims to deliver superior returns over the long term. The option predominantly invests in Australian companies and therefore does not hedge currency risk.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.68%	6.55%	15.04%	18.04%	19.28%	11.49%	10.29%	11.12%
Growth return	0.68%	6.11%	12.87%	14.36%	-%	7.03%	2.73%	1.46%
Income return	0%	0.44%	2.17%	3.68%	-%	4.46%	7.56%	9.66%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return	1.89%	14.27%	25.32%	22.82%	24.72%	13.86%	9.58%	9.07%

As at 31 Oct 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details

Type	Description
Fund Name	First Sentier Australian Small Companies
Responsible Entity	Colonial First State Investments Limited
APIR Code	CMI0111AU
Sector/Asset Class	Equity Australia Mid/Small Blend
Morningstar Rating	(as at 31 Oct 2025)
Legal Structure	Investment Fund
Fund Inception	31 Dec 1993
Fund Size	$455.05 million (as at 31 Oct 2025)
Entry Price	$2.0991 (as at 13 Nov 2025)
Exit Price	$2.0928 (as at 13 Nov 2025)
Fund Status	Open

Offer information

Type	Description
MER	1.12% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR)	1.12% (as at 30 Jun 2025)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2025)

Holding (as at 30 Sep 2025)	Type	% of Portfolio
Capricorn Metals Ltd	Equity	4.88%
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FAQs about the First Sentier Australian Small Companies

What is the objective of the First Sentier Australian Small Companies managed fund?

The objective of the First Sentier Australian Small Companies managed fund is To provide long-term capital growth by investing predominantly in small Australian companies. The option aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over rolling three year periods before fees and taxes.

What is the strategy for the First Sentier Australian Small Companies managed fund?

The strategy of the First Sentier Australian Small Companies managed fund is The option's strategy is to favour companies with sustainable competitive advantages; strong financials; quality management and predictable earnings. By investing in these companies the option aims to deliver superior returns over the long term. The option predominantly invests in Australian companies and therefore does not hedge currency risk.

What is the APIR code of the First Sentier Australian Small Companies managed fund?

The APIR code of the First Sentier Australian Small Companies managed fund is CMI0111AU.

What was First Sentier Australian Small Companies’s total return last month?

First Sentier Australian Small Companies’s total return last month was 0.68%. This was made up of a growth return of 0.68% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

What was First Sentier Australian Small Companies’s total return for the last three months?

First Sentier Australian Small Companies’s total return for the last three months was 6.55%. This was made up of a growth return of 6.11% and an income return of 0.44%%. These returns were calculated as at 31 Oct 2025.

What is First Sentier Australian Small Companies’s one-year total return?

First Sentier Australian Small Companies’s one-year total return is 18.04%. This was made up of a growth return of 14.36% and an income return of 3.68%. These returns were calculated as at 31 Oct 2025.

What is First Sentier Australian Small Companies’s three-year total return?

First Sentier Australian Small Companies’s one-year total return is 11.49%. This was made up of a growth return of 7.03% and an income return of 4.46%. These returns were calculated as at 31 Oct 2025.

What is the asset allocation of the First Sentier Australian Small Companies managed fund?

The asset allocation of the First Sentier Australian Small Companies managed fund is :

Australian Equities: 79%

International Equities: 16.11%

Cash: 4.89%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the First Sentier Australian Small Companies managed fund?

The Responsible Entity for the First Sentier Australian Small Companies managed fund is Colonial First State Investments Limited.

What sector/asset class does the First Sentier Australian Small Companies managed fund belong to?

The First Sentier Australian Small Companies managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

What is the size of the First Sentier Australian Small Companies managed fund?

As at 31 Oct 2025, the size of the First Sentier Australian Small Companies managed fund was $455.05 million.

What is the inception date of the First Sentier Australian Small Companies managed fund?

The First Sentier Australian Small Companies managed fund has an inception date of 31 Dec 1993.

What is the current entry price of the First Sentier Australian Small Companies managed fund?

The current entry price of the First Sentier Australian Small Companies managed fund is $2.0991 per unit and the current exit price is $2.0928 per unit (as at 13 Nov 2025).

What is the current exit price of the First Sentier Australian Small Companies managed fund?

The current exit price of the First Sentier Australian Small Companies managed fund is $2.0928 per unit and the current entry price is $2.0991 per unit (as at 13 Nov 2025).

What is the minimum investment amount for the First Sentier Australian Small Companies managed fund?

The minimum initial investment amount for the First Sentier Australian Small Companies managed fund is $5,000.

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.

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