A diversified portfolio of Australian small companies

 

What the Macquarie Australian Small Companies Fund offers

Diversified exposure

To a portfolio of Australian small companies identified as having attractive fundamentals

Aims to achieve consistent active returns

By holding a large number of small active positions

Emotional bias risk reduced

A systematic approach to capturing the fundamental characteristics of stocks

All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying assets. Generally, the higher the potential return of an investment, the greater the risk.

The risks of investing in the fund include:

  • Investment risk: The fund has exposure to share markets. The risk of an investment in the fund is higher than an investment in a typical bank account or fixed income investment. Amounts distributed to unitholders may fluctuate, as may the fund's unit price. The unit price may vary by material amounts, even over short periods of time, including during the period between a redemption request being made and the time the redemption unit price is calculated.
  • Market risk: Share markets can be and have been volatile, and have the potential to fall by large amounts over short periods of time. The investments of the fund are likely to have a broad correlation with share markets in general, and hence poor performance or losses in domestic and/or global share markets are likely to impact negatively on the overall performance of the fund.
  • Small companies risk: The fund has exposure to companies generally considered small to medium in terms of market capitalisation. Companies within this sector of the market may include recently established entities with limited public information, or entities engaged in new-to-market concepts which may be speculative in nature. Shares in companies in this sector are generally less liquid and more volatile than those of larger companies. Small companies exposure may result in higher unit price volatility and an increased risk of loss.

For a full description of the risks of investing in the fund, you should read the Product Disclosure Statement before deciding to invest.

Detailed fund information

Macquarie is one of Australia's largest equities managers with over 30 years' experience managing portfolios. Our experienced global equities team has over 90 investment professionals located in Sydney, Hong Kong, New York, Boston and Philadelphia

The Macquarie Australian Small Companies Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index (Benchmark) over the medium to long term (before fees). It aims to provide capital growth and some income.

The Fund provides exposure to an actively managed and diversified portfolio of Australian small cap equities through securities listed, or expected to be listed, on the Australian Securities Exchange. The Fund may also provide exposure to equity issued by Australian entities on offshore exchanges, derivatives (including options, futures, warrants and forwards) and cash.

The Investment Manager aims to build a portfolio providing exposure to some of the fastest growing companies on the Australian sharemarket.

The process seeks to identify companies which:

  • rank highly on the Investment Manager’s quantitative screens, and
  • may exceed market expectations over the long term.

Management fee: 0.600% pa of the net asset value of the Fund and inclusive of GST. 

Performance fee: 15% of the outperformance of the fund (after the management fee and expenses) above the return of the benchmark, subject to a 'high watermark' and inclusive of GST.

Read the Product Disclosure Statement for more details on fees and expenses that may be charged.

Generally quarterly

Available on:

  • Hub 24
  • IOOF Pursuit
  • Oasis
  • PortfolioCare

Find out how we can help


If you'd like to speak to a Macquarie Business Development Manager about how we can help, get in touch.

Important Information

Restricted to financial services professionals

This information on this website is provided for the use of financial services professionals only. In no circumstances is it to be used by a potential investor for the purposes of making a decision about a financial product or class of products.

In order to proceed, please confirm that you are a financial services professional by clicking 'I accept'.