ICE Fund – Professional Investor - Managed Fund

Fund Objective

The fund aims to deliver superior medium to long-term returns by investing, either directly or through derivatives, in listed securities which possess, in the opinion of the Investment Manager, a sustainable competitive edge.

Fund Strategy

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

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.

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-1.99%	-7.8%	-4.42%	-6%	5.66%	8.23%	4.68%	5.77%
Growth return	-1.99%	-8.28%	-4.92%	-7.37%	4.28%	6.43%	-1.05%	0.73%
Income return	0%	0.48%	0.5%	1.37%	1.38%	1.8%	5.73%	5.04%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return	2.74%	2.65%	17.3%	22.76%	17.42%	12.08%	7.49%	9.51%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ICE Fund – Professional Investor

Australian Equities: 92.51%

Cash: 7.49%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 91.42%

Cash: 4.18%

International Equities: 3.56%

Property & Infrastructure: 0.24%

Fixed Interest: 0%

Alternatives: 0.60%

General Information

Fund Details

Type	Description
Fund Name	ICE Fund – Professional Investor
APIR Code	ETL0374AU
Sector/Asset Class	Equity Australia Mid/Small Growth
Morningstar Rating	(as at 31 Dec 2025)
Legal Structure	Investment Fund
Fund Inception	13 Feb 2006
Fund Size	$449581139 million (as at 4 Feb 2026)
Entry Price	$2.1969 (as at 2 Feb 2026)
Exit Price	$2.1837 (as at 2 Feb 2026)
Fund Status	Open

Offer information

Type	Description
MER	1.18% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR)	1.17% (as at 30 Jun 2025)
Minimum initial investment	$250,000
Minimum additional investments	$5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Nov 2025)

Holding (as at 30 Nov 2025)	Type	% of Portfolio
Steadfast Group Ltd		4.14%
Login now to view the complete list of holdings.

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the ICE Fund – Professional Investor

What is the objective of the ICE Fund – Professional Investor managed fund?

The objective of the ICE Fund – Professional Investor managed fund is The fund aims to deliver superior medium to long-term returns by investing, either directly or through derivatives, in listed securities which possess, in the opinion of the Investment Manager, a sustainable competitive edge.

What is the strategy for the ICE Fund – Professional Investor managed fund?

The strategy of the ICE Fund – Professional Investor managed fund is The fund aims to deliver superior medium to long-term returns by investing, either directly or through derivatives, in listed securities which possess, in the opinion of the Investment Manager, a sustainable competitive edge.

What is the APIR code of the ICE Fund – Professional Investor managed fund?

The APIR code of the ICE Fund – Professional Investor managed fund is ETL0374AU.

What was ICE Fund – Professional Investor’s total return last month?

ICE Fund – Professional Investor’s total return last month was -1.99%. This was made up of a growth return of -1.99% and an income return of 0%. These returns were calculated as at 31 Jan 2026.

What was ICE Fund – Professional Investor’s total return for the last three months?

ICE Fund – Professional Investor’s total return for the last three months was -7.8%. This was made up of a growth return of -8.28% and an income return of 0.48%%. These returns were calculated as at 31 Jan 2026.

What is ICE Fund – Professional Investor’s one-year total return?

ICE Fund – Professional Investor’s one-year total return is -6%. This was made up of a growth return of -7.37% and an income return of 1.37%. These returns were calculated as at 31 Jan 2026.

What is ICE Fund – Professional Investor’s three-year total return?

ICE Fund – Professional Investor’s one-year total return is 8.23%. This was made up of a growth return of 6.43% and an income return of 1.8%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the ICE Fund – Professional Investor managed fund?

The asset allocation of the ICE Fund – Professional Investor managed fund is :

Australian Equities: 92.51%

Cash: 7.49%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the ICE Fund – Professional Investor managed fund belong to?

The ICE Fund – Professional Investor managed fund belongs to the Equity Australia Mid/Small Growth sector/asset class.

What is the size of the ICE Fund – Professional Investor managed fund?

As at 4 Feb 2026, the size of the ICE Fund – Professional Investor managed fund was $449581139 million.

What is the inception date of the ICE Fund – Professional Investor managed fund?

The ICE Fund – Professional Investor managed fund has an inception date of 13 Feb 2006.

What is the current entry price of the ICE Fund – Professional Investor managed fund?

The current entry price of the ICE Fund – Professional Investor managed fund is $2.1969 per unit and the current exit price is $2.1837 per unit (as at 2 Feb 2026).

What is the current exit price of the ICE Fund – Professional Investor managed fund?

The current exit price of the ICE Fund – Professional Investor managed fund is $2.1837 per unit and the current entry price is $2.1969 per unit (as at 2 Feb 2026).

What is the minimum investment amount for the ICE Fund – Professional Investor managed fund?

The minimum initial investment amount for the ICE Fund – Professional Investor managed fund is $250,000. 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.

What our members say about us