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  5. Pendal MicroCap Opportunities - Managed fund profile

Pendal MicroCap Opportunities - Managed Fund

Fund Objective
The Fund aims to provide a return (before fees, costs and taxes) that exceeds the S&P/ASX Small Ordinaries (TR) Index over the medium to long term.
Fund Strategy
The Fund is actively managed and invests primarily in a portfolio of 40-60 Australian companies with market capitalisation or free float of generally less than $250 million at initial investment that we believe are trading below their assessed valuation. The Fund may also invest in equivalent companies listed on the New Zealand Stock Exchange.

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 5.33% 10.91% 17.15% 17.85% 1.25% 7.39% 12.96% 14.23%
Growth return 5.33% 10.91% 17.15% 8.92% -5.66% -1.73% 4.55% 2.35%
Income return 0% 0% 0% 8.93% 6.91% 9.12% 8.41% 11.88%
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

Pendal MicroCap Opportunities
Australian Equities
96.63%
Cash
3.37%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
90.58%
Cash
4.49%
International Equities
2.63%
Property
2.02%
Fixed Interest
0.25%
Alternatives
0.03%

General Information

Fund Details
Type Description
Pendal MicroCap Opportunities
RFA0061AU
Equity Australia Mid/Small Blend
starstarstarstar (as at 31 Mar 2024)
Investment Fund
1 Mar 2006
$364.66 million (as at 31 Mar 2024)
$3.4192 (as at 17 Apr 2024)
$3.3784 (as at 17 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.28% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 1.08
Minimum initial investment $25,000

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Macquarie Technology Group Ltd Equity 5.34%
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FAQs about the Pendal MicroCap Opportunities

The objective of the Pendal MicroCap Opportunities managed fund is The Fund aims to provide a return (before fees, costs and taxes) that exceeds the S&P/ASX Small Ordinaries (TR) Index over the medium to long term.

The strategy of the Pendal MicroCap Opportunities managed fund is The Fund is actively managed and invests primarily in a portfolio of 40-60 Australian companies with market capitalisation or free float of generally less than $250 million at initial investment that we believe are trading below their assessed valuation. The Fund may also invest in equivalent companies listed on the New Zealand Stock Exchange.

The APIR code of the Pendal MicroCap Opportunities managed fund is RFA0061AU.

Pendal MicroCap Opportunities’s total return last month was 5.33%. This was made up of a growth return of 5.33% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Pendal MicroCap Opportunities’s total return for the last three months was 10.91%. This was made up of a growth return of 10.91% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Pendal MicroCap Opportunities’s one-year total return is 17.85%. This was made up of a growth return of 8.92% and an income return of 8.93%. These returns were calculated as at 31 Mar 2024.

Pendal MicroCap Opportunities’s one-year total return is 7.39%. This was made up of a growth return of -1.73% and an income return of 9.12%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Pendal MicroCap Opportunities managed fund is :

Australian Equities
96.63%
Cash
3.37%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Pendal MicroCap Opportunities managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 31 Mar 2024, the size of the Pendal MicroCap Opportunities managed fund was $364.66 million.

The Pendal MicroCap Opportunities managed fund has an inception date of 1 Mar 2006.

The current entry price of the Pendal MicroCap Opportunities managed fund is $3.4192 per unit and the current exit price is $3.3784 per unit (as at 17 Apr 2024).

The current exit price of the Pendal MicroCap Opportunities managed fund is $3.3784 per unit and the current entry price is $3.4192 per unit (as at 17 Apr 2024).

The minimum initial investment amount for the Pendal MicroCap Opportunities managed fund is $25,000.

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.