Investment Objective

Seeking capital gains, to provide investors with a return in excess of the S&P/ASX Small Ordinaries Accumulation Index over rolling five-year periods by investing in a concentrated portfolio of ASX-listed small and micro-cap companies.

The portfolio is designed for investors who:

Are seeking to diversify their Australian equity exposure
Are seeking active management of Australian small and micro-cap equities in a concentrated portfolio
Are seeking capital growth and can tolerate a high degree of volatility

Key Facts:

Benchmark

S&P/ASX Small Ordinaries

Risk High

Expected loss in 4 – 6 years out of every 20 years.

Fees

Management fee: 1% per annum
Performance fee: 20% of gains above the benchmark, subject to a high-water mark

Suggested investment timeframe

5+ years

Minimum Investment

A $50,000

Performance (as at 30 September 2018):

1 month (%) 2 months (%) 3 months (%) 6 months (%) 1 year (%) Since inception (%)*
IQCM Aust Small Coy Portfolio 0.88 (2.56) (2.35) n/a n/a (3.96)
S&P/ASX Small Ords Accum Index (0.35) 2.13 1.10 n/a n/a 3.22
Outperformance / (Underperformance) 1.23 (4.69) (3.45) n/a n/a (7.18)
Inception date was 30 May 2018

Note: all performance figures are before fees and expenses

Top 5 holdings

  • Ainsworth Game Technology
  • Global Construction Services
  • ISelect
  • Kangaroo Island Plantation Timbers
  • Redflex

Note: holdings in alphabetical order

Benchmark
S&P/ASX Small Ordinaries