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.
Investment Objective: The Fund aims to outperform its benchmark over rolling seven year periods
Fund Facts
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 May 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.
