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Montgomery Small Companies - Managed Fund

Fund Objective
The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over a rolling 5 year period.
Fund Strategy
Montgomery Lucent's investment philosophy is guided by fundamental research and analysis. Small market capitalisation companies are relatively under-researched and when markets misprice securities, this creates investment opportunities. Montgomery Lucent is seeking to build a portfolio of 30 to 50 high quality, undervalued small and emerging companies with strong growth potential. We are searching for companies likely to benefit from secular trends, industry change and with substantial competitive advantages.

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 5.93% 11.76% 15.05% 26.16% 3.14% 5.57% -% -%
Growth return -2.27% 7.57% 19.21% 18.4% 3.36% -0.62% -% -%
Income return 8.2% 4.19% -4.16% 7.76% -0.22% 6.19% -% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return -3.06% 3.33% 19.66% 7.36% -1.39% 0.02% 3.93% 6.49%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Montgomery Small Companies
Australian Equities
94.89%
Cash
5.11%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
90.62%
Cash
4.50%
International Equities
2.42%
Property
2.17%
Fixed Interest
0.25%
Alternatives
0.03%

General Information

Fund Details
Type Description
Montgomery Small Companies
Fundhost Limited
FHT3726AU
Equity Australia Mid/Small Blend
starstarstar (as at 31 Mar 2024)
Investment Fund
20 Sep 2019
$215.75 million (as at 30 Apr 2024)
$1.3759 (as at 30 Apr 2024)
$1.3677 (as at 30 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.20% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.97
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Nov 2023)

Holding (as at 30 Nov 2023) Type % of Portfolio
HUB24 Ltd Equity 3.44%
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FAQs about the Montgomery Small Companies

The objective of the Montgomery Small Companies managed fund is The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over a rolling 5 year period.

The strategy of the Montgomery Small Companies managed fund is Montgomery Lucent's investment philosophy is guided by fundamental research and analysis. Small market capitalisation companies are relatively under-researched and when markets misprice securities, this creates investment opportunities. Montgomery Lucent is seeking to build a portfolio of 30 to 50 high quality, undervalued small and emerging companies with strong growth potential. We are searching for companies likely to benefit from secular trends, industry change and with substantial competitive advantages.

The APIR code of the Montgomery Small Companies managed fund is FHT3726AU.

Montgomery Small Companies’s total return last month was 5.93%. This was made up of a growth return of -2.27% and an income return of 8.2%. These returns were calculated as at 31 Mar 2024.

Montgomery Small Companies’s total return for the last three months was 11.76%. This was made up of a growth return of 7.57% and an income return of 4.19%%. These returns were calculated as at 31 Mar 2024.

Montgomery Small Companies’s one-year total return is 26.16%. This was made up of a growth return of 18.4% and an income return of 7.76%. These returns were calculated as at 31 Mar 2024.

Montgomery Small Companies’s one-year total return is 5.57%. This was made up of a growth return of -0.62% and an income return of 6.19%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Montgomery Small Companies managed fund is :

Australian Equities
94.89%
Cash
5.11%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Montgomery Small Companies managed fund is Fundhost Limited.

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

As at 30 Apr 2024, the size of the Montgomery Small Companies managed fund was $215.75 million.

The Montgomery Small Companies managed fund has an inception date of 20 Sep 2019.

The current entry price of the Montgomery Small Companies managed fund is $1.3759 per unit and the current exit price is $1.3677 per unit (as at 30 Apr 2024).

The current exit price of the Montgomery Small Companies managed fund is $1.3677 per unit and the current entry price is $1.3759 per unit (as at 30 Apr 2024).

The minimum initial investment amount for the Montgomery Small Companies managed fund is $25,000. 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.