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Milford Dynamic Small Companies Fund - Managed Fund

Fund Objective
The Fund targets outperformance of the S&P/ASX Small Ordinaries (TR) Index over a rolling five-year period (net of fees).
Fund Strategy
The Fund aims to achieve its objective by investing primarily in small to mid-cap listed or soon to be listed Australian equities. Derivatives may be used for efficient portfolio management and for foreign currency hedging.

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 2.17% 13.58% 25.72% 27.26% 26.35% 18.17% 13.54% -%
Growth return 2.17% 13.58% 19.18% 19.83% 18.52% 10.25% 7.15% -%
Income return 0% 0% 6.54% 7.43% 7.83% 7.92% 6.39% -%
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.

Asset Allocation

Milford Dynamic Small Companies Fund
Australian Equities
89.86%
Cash
10.14%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.11%
Cash
4.03%
International Equities
4.04%
Property & Infrastructure
0.22%
Fixed Interest
0%
Alternatives
0.60%

General Information

Fund Details
Type Description
Milford Dynamic Small Companies Fund
Equity Trustees Ltd
ETL6978AU
Equity Australia Mid/Small Blend
starstarstarstar (as at 31 Oct 2025)
Investment Fund
1 Oct 2019
$198 million (as at 13 Nov 2025)
$1.5274 (as at 12 Nov 2025)
$1.5182 (as at 12 Nov 2025)
Open
Offer information
Type Description
MER 2.84% (as at 4 Apr 2025)
Indirect Cost Ratio (ICR) 1.32% (as at 30 Jun 2025)
Performance fee (not included in ICR) 0.09
Minimum initial investment $20,000

Top 10 holdings (as at 30 Sep 2025)

Holding (as at 30 Sep 2025) Type % of Portfolio
Ramelius Resources Ltd Equity 3.13%
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FAQs about the Milford Dynamic Small Companies Fund

The objective of the Milford Dynamic Small Companies Fund managed fund is The Fund targets outperformance of the S&P/ASX Small Ordinaries (TR) Index over a rolling five-year period (net of fees).

The strategy of the Milford Dynamic Small Companies Fund managed fund is The Fund aims to achieve its objective by investing primarily in small to mid-cap listed or soon to be listed Australian equities. Derivatives may be used for efficient portfolio management and for foreign currency hedging.

The APIR code of the Milford Dynamic Small Companies Fund managed fund is ETL6978AU.

Milford Dynamic Small Companies Fund’s total return last month was 2.17%. This was made up of a growth return of 2.17% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

Milford Dynamic Small Companies Fund’s total return for the last three months was 13.58%. This was made up of a growth return of 13.58% and an income return of 0%%. These returns were calculated as at 31 Oct 2025.

Milford Dynamic Small Companies Fund’s one-year total return is 27.26%. This was made up of a growth return of 19.83% and an income return of 7.43%. These returns were calculated as at 31 Oct 2025.

Milford Dynamic Small Companies Fund’s one-year total return is 18.17%. This was made up of a growth return of 10.25% and an income return of 7.92%. These returns were calculated as at 31 Oct 2025.

The asset allocation of the Milford Dynamic Small Companies Fund managed fund is :

Australian Equities
89.86%
Cash
10.14%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Milford Dynamic Small Companies Fund managed fund is Equity Trustees Ltd.

The Milford Dynamic Small Companies Fund managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 13 Nov 2025, the size of the Milford Dynamic Small Companies Fund managed fund was $198 million.

The Milford Dynamic Small Companies Fund managed fund has an inception date of 1 Oct 2019.

The current entry price of the Milford Dynamic Small Companies Fund managed fund is $1.5274 per unit and the current exit price is $1.5182 per unit (as at 12 Nov 2025).

The current exit price of the Milford Dynamic Small Companies Fund managed fund is $1.5182 per unit and the current entry price is $1.5274 per unit (as at 12 Nov 2025).

The minimum initial investment amount for the Milford Dynamic Small Companies Fund managed fund is $20,000.

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.