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Lakehouse Small Companies Fund - Managed Fund

Fund Performance Comparison

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Benchmark ({{ }})
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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.

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 -3.61 -4.29 12.16 71.84 23.75 22.65 - -
Growth return -3.61 -4.29 12.16 56.41 15.87 15.54 - -
Income return 0 0 0 15.43 7.88 7.11 - -
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 0.79 2.09 16.2 52.15 - 8.33 10.69 4.11
As as 31 Mar 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lakehouse Small Companies Fund
Australian Equities
International Equities
Fixed Interest
Average Allocation of Peers
Australian Equities
International Equities
Fixed Interest

General Information

Fund Details
Type Description
Lakehouse Small Companies Fund
One Managed Investment Funds Limited
Equity Australia Mid/Small Growth
starstarstarstarstar (as at 31 Mar 2021)
Investment Fund
16 Nov 2016
$428.13 million (as at 14 Apr 2021)
$2.325 (as at 14 Apr 2021)
$2.3134 (as at 14 Apr 2021)
Fund Objective
The Fund's investment objective is to outperform the S&P/ ASX Small Ordinaries Accumulation Index (Benchmark) over rolling five year periods (after fees and expenses but before taxes) by focusing on listed shares of smaller companies in Australia and New Zealand.
Fund Strategy
The Investment Manager's strategy for the Fund is to invest in a high conviction portfolio of 15 to 30 small companies listed in Australia and New Zealand. The Fund will typically hold 5% to 15% of its capital in cash, depending on the Investment Manager's opinion of the prevailing opportunity set, and may hold up to 10% of its capital in unlisted companies expected to IPO within 12 months.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.32% (as at 30 Jun 2020)
Minimum initial investment $100,000
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Dec 2020)

Holding (as at 31 Dec 2020) Type % of Portfolio
Netwealth Group Ltd Equity 9.75%
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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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Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.49%
Intelligent Investor Equity Growth 10.81%
Intelligent Investor Australian Growth Fund (formerly the Small Companies Fund) 10.08%
Intelligent Investor Equity Income 9.20%
InvestSMART High Growth 8.54%
InvestSMART Growth 7.51%
InvestSMART Balanced 6.02%
InvestSMART Hybrid Income 4.52%
InvestSMART Conservative 4.38%
InvestSMART Property and Infrastructure 4.09%
InvestSMART Interest Income 2.15%