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Maven Smaller Companies - Managed Fund

Fund Objective
The Fund seeks to outperform the S&P/ASX Small Ordinaries Accumulation Index over rolling 5 year periods. Note the investment return objective is not intended to be a forecast. It is merely an indication of what the Fund aims to achieve over the medium to longer term. The Fund may not be successful in meeting this objective. Returns are not guaranteed.
Fund Strategy
The Fund will focus on Australian and New Zealand listed securities but can hold up to 10% in unlisted securities (measured at time of purchase). The investment universe (outside the S&P/ASX 50) is likely to offer the most opportunities. However, the Fund may continue to hold a security as it enters the S&P/ASX 50 if it exhibits other attributes as outlined in the investment process. The cash component can be from 0-90% but is expected to typically be 5-30% of the portfolio.

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 -1.42% 5.37% 9.01% 19.96% 7.36% 4.19% -% -%
Growth return -1.42% 5.37% 9.01% 13.33% 4.33% -0.06% -% -%
Income return 0% 0% 0% 6.63% 3.03% 4.25% -% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 4.79% 7.55% 16.71% 13.83% -0.6% 2.72% -% 6.69%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
90.80%
International Equities
2.44%
Cash
4.56%
Property
1.91%
Fixed Interest
0.25%
Alternatives
0.03%

General Information

Fund Details
Type Description
Maven Smaller Companies
Fundhost Limited
FHT3495AU
Equity Australia Mid/Small Blend
starstar (as at 31 Mar 2024)
Investment Fund
1 Jun 2020
n/a
$1.2129 (as at 31 Mar 2024)
$1.2069 (as at 31 Mar 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.34% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.05
Minimum initial investment $150,000
Minimum additional investments $1,000.00

FAQs about the Maven Smaller Companies

The objective of the Maven Smaller Companies managed fund is The Fund seeks to outperform the S&P/ASX Small Ordinaries Accumulation Index over rolling 5 year periods. Note the investment return objective is not intended to be a forecast. It is merely an indication of what the Fund aims to achieve over the medium to longer term. The Fund may not be successful in meeting this objective. Returns are not guaranteed.

The strategy of the Maven Smaller Companies managed fund is The Fund will focus on Australian and New Zealand listed securities but can hold up to 10% in unlisted securities (measured at time of purchase). The investment universe (outside the S&P/ASX 50) is likely to offer the most opportunities. However, the Fund may continue to hold a security as it enters the S&P/ASX 50 if it exhibits other attributes as outlined in the investment process. The cash component can be from 0-90% but is expected to typically be 5-30% of the portfolio.

The APIR code of the Maven Smaller Companies managed fund is FHT3495AU.

Maven Smaller Companies’s total return last month was -1.42%. This was made up of a growth return of -1.42% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Maven Smaller Companies’s total return for the last three months was 5.37%. This was made up of a growth return of 5.37% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Maven Smaller Companies’s one-year total return is 19.96%. This was made up of a growth return of 13.33% and an income return of 6.63%. These returns were calculated as at 31 Mar 2024.

Maven Smaller Companies’s one-year total return is 4.19%. This was made up of a growth return of -0.06% and an income return of 4.25%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Maven Smaller Companies managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Maven Smaller Companies managed fund is Fundhost Limited.

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

As at , the size of the Maven Smaller Companies managed fund was $ million.

The Maven Smaller Companies managed fund has an inception date of 1 Jun 2020.

The current entry price of the Maven Smaller Companies managed fund is $1.2129 per unit and the current exit price is $1.2069 per unit (as at 31 Mar 2024).

The current exit price of the Maven Smaller Companies managed fund is $1.2069 per unit and the current entry price is $1.2129 per unit (as at 31 Mar 2024).

The minimum initial investment amount for the Maven Smaller Companies managed fund is $150,000. 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.