Microcap Fund
About the Fund
The NovaPort Microcap Fund has been designed for investors who wish to access capital growth and additional share market diversification over the longer term through a portfolio of microcap securities. That is, companies with a market capitalisation of A$10 million to A$300 million when they are first acquired.
You should read the Fund’s Target Market Determination (TMD) and the Fund’s Product Disclosure Statement (PDS) to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs.
Fund Facts
Investment Objective: The Fund aims to outperform its benchmark over rolling seven year periods
| Fund inception date | 22 March 2005 |
| Benchmark | S&P/ASX Small Ordinaries Accumulation Index |
| Target number of holdings | 25-65 |
| APIR Code | HOW0016AU |
| Management Fee | 1.50% p.a. |
| Style | Neutral, value bias |
| Minimum investment period | At least seven years |
| Minimum investment | $10,000 or $1,000 with regular savings plan. |
| Distribution frequency | Quarterly |
Value of $10k Invested Since Fund Inception
As at 31 July 2021. Returns are calculated after fees have been deducted, assuming reinvestment of distribution. No allowance is made for tax. Past performance is not a reliable indicator of future performance.