Lennox Australian Small Companies - Managed Fund

Fund Objective

The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term (before fees).

Fund Strategy

The Fund provides exposure to a select, actively managed portfolio of small cap equities. This is achieved by investing in securities listed, or expected to be listed, on the Australian Securities Exchange (ASX) and the New Zealand Securities Exchange (NZX). The Fund may also provide exposure to equity issued by Australian or New Zealand entities on other approved exchanges. The Fund may also invest in derivatives (including options, futures and warrants), cash and unlisted companies that are expected to list within 12 months.

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	3.23%	8.7%	18.19%	16.14%	23.2%	17.03%	9.01%	-%
Growth return	3.23%	8.7%	10.69%	8.6%	16.19%	10.28%	3.09%	-%
Income return	0%	0%	7.5%	7.54%	7.01%	6.75%	5.92%	-%
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	Lennox Australian Small Companies
Responsible Entity	Fidante Partners Limited
APIR Code	HOW3590AU
Sector/Asset Class	Equity Australia Mid/Small Blend
Morningstar Rating	(as at 31 Oct 2025)
Legal Structure	Investment Fund
Fund Inception	28 Apr 2017
Fund Size	$265.63 million (as at 31 Oct 2025)
Entry Price	$1.6428 (as at 18 Nov 2025)
Exit Price	$1.63 (as at 18 Nov 2025)
Fund Status	Open

Offer information

Type	Description
MER	1.31% (as at 21 Nov 2024)
Indirect Cost Ratio (ICR)	1.47% (as at 30 Jun 2025)
Performance fee (not included in ICR)	0.37
Minimum initial investment	$10,000.00
Minimum additional investments	$1,000.00
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 30 Apr 2025)

Holding (as at 30 Apr 2025)	Type	% of Portfolio
IRESS Ltd	Equity	4.48%
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FAQs about the Lennox Australian Small Companies

What is the objective of the Lennox Australian Small Companies managed fund?

The objective of the Lennox Australian Small Companies managed fund is The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term (before fees).

What is the strategy for the Lennox Australian Small Companies managed fund?

The strategy of the Lennox Australian Small Companies managed fund is The Fund provides exposure to a select, actively managed portfolio of small cap equities. This is achieved by investing in securities listed, or expected to be listed, on the Australian Securities Exchange (ASX) and the New Zealand Securities Exchange (NZX). The Fund may also provide exposure to equity issued by Australian or New Zealand entities on other approved exchanges. The Fund may also invest in derivatives (including options, futures and warrants), cash and unlisted companies that are expected to list within 12 months.

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

The APIR code of the Lennox Australian Small Companies managed fund is HOW3590AU.

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

Lennox Australian Small Companies’s total return last month was 3.23%. This was made up of a growth return of 3.23% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

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

Lennox Australian Small Companies’s total return for the last three months was 8.7%. This was made up of a growth return of 8.7% and an income return of 0%%. These returns were calculated as at 31 Oct 2025.

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

Lennox Australian Small Companies’s one-year total return is 16.14%. This was made up of a growth return of 8.6% and an income return of 7.54%. These returns were calculated as at 31 Oct 2025.

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

Lennox Australian Small Companies’s one-year total return is 17.03%. This was made up of a growth return of 10.28% and an income return of 6.75%. These returns were calculated as at 31 Oct 2025.

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

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

Australian Equities: 94.78%

Cash: 5.22%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

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

The Responsible Entity for the Lennox Australian Small Companies managed fund is Fidante Partners Limited.

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

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

What is the size of the Lennox Australian Small Companies managed fund?

As at 31 Oct 2025, the size of the Lennox Australian Small Companies managed fund was $265.63 million.

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

The Lennox Australian Small Companies managed fund has an inception date of 28 Apr 2017.

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

The current entry price of the Lennox Australian Small Companies managed fund is $1.6428 per unit and the current exit price is $1.63 per unit (as at 18 Nov 2025).

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

The current exit price of the Lennox Australian Small Companies managed fund is $1.63 per unit and the current entry price is $1.6428 per unit (as at 18 Nov 2025).

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

The minimum initial investment amount for the Lennox Australian Small Companies managed fund is $10,000. Minimum additional investment is $1000.

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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