MICRO-CAP FUND STRATEGY
The Fund, a wholesale registered fund, invests in securities in companies with a market capitalisation below $750 million at the time of purchase.
The Opportunity
- Co- invest with a proven small cap investment team with over 30+ years’ experience, and a top performing Fund over 15 years
- Benefit from the continued application of that proven investment process through all market cycles
- Wholly Australian owned independent firm with substantial spare capacity for new investors to benefit
- True to label micro-cap investors with initial purchases capped at $750m market capitalisation
MICRO-CAP FUND AS AT 31 MARCH 2025
| TOP TEN BY ABSOLUTE WEIGHT | PORTFOLIO WEIGHT |
|---|---|
| Van Eck Gold Bullion ETF | 7.5% |
| Amplitude Energy | 6.0% |
| Southern Cross Electrical | 5.0% |
| Wagners | 5.5% |
| Cedar Woods Property | 5.5% |
| SRG Global | 4.0% |
| Universal Stores | 4.0% |
| Cash Converters | 4.0% |
| Australian Clinical Labs | 4.0% |
| Aspen Property Group | 3.0% |
Micro-Cap Fund as at 31 March 2025
Source: Balmoral Investors
Past performance is not an indicator of future performance.
Any fund or security mentioned in this page does not constitute any offer or inducement to enter into any investment activity.
The above positions represent an indicative model portfolio.
Please refer to the funds product disclosure document for a full description of the risks in investing in the fund.
Details
| ARSN CODE | 684 063 214 |
|---|---|
| APIR CODE | KAM2104AU |
| INVESTMENT MANAGER | Mantis Fund Pty Ltd (ABN 77 640 207 021 CAR 1281645 of AFSL 531027) |
| INVESTMENT ADVISOR | Balmoral Investors Pty Ltd (ABN 36 680 912 690, CAR 001312496 of AFSL 531027) |
| PLATFORM AVAILABILITY | TBA |
| TRUSTEE | K2 Asset Management Ltd (ABN 95 085 445 094, AFSL 244393) |
| FUND ADMINISTRATOR AND CUSTODIAN | Apex Fund Services Pty Ltd (ABN 81 118 902 891) |
| FUND TYPE | Wholesale |
| STRATEGY | The Fund invests in securities in companies with a market capitalisation below $750 million at the time of purchase. The Fund is permitted to hold the securities if the market capitalisation increases above $750 million |
| BENCHMARK | ASX Small Ordinaries Accumulation Index |
| NO. OF SECURITIES | 25-75 |
| CASH WEIGHT | 0-20% |
| UNIT PRICING | Daily |
| DISTRIBUTIONS | Annual |
| MANAGEMENT FEE | 1.33% of NAV |
| PERFORMANCE FEE | 20% (excl GST) of the total return of the Fund in excess of the benchmark during a relevant performance period and provided any under performance has been recovered.* |
*Additional fees may apply, please refer to the Funds PDS and AID
Disclaimer
The information and content on this website was prepared by Balmoral Investors Pty Ltd (ABN 36 680 912 690 CAR 1312496) (Balmoral Investors, Investment Advisor), a Corporate Authorised Representative of Mantis Funds Services Pty Ltd (ABN 97 649 083 689 AFSL 531027). The Balmoral Investors Micro-Cap Fund (ARSN 684 063 214) is issued by K2 Asset Management Ltd (ABN 95 085 445 094, AFLS 244393) (K2), a wholly owned subsidiary of K2 Asset Management Holdings Ltd (ABN 59 124 636 782) which is a public company listed on the Australian Securities Exchange (ASX:KAM).
The information (and all of its attachments) (the Information) is intended only for individuals qualifying as wholesale clients under section 761G of the Corporations Act 2001 (Cth). The information is for general information purposes only and is not intended to be complete or definitive. It is not an offer or a recommendation to invest and it should not be relied upon by investors in making an investment decision. It is not professional advice and has been prepared without taking into account any particular circumstances or needs of any party. Before deciding to invest, any investor should assess and seek professional advice on whether it is appropriate for their needs, financial situation, and investment objectives. Offers to invest will only be made in the Product Disclosure Statement (PDS) and this material is not intended to substitute the PDS which outlines the risks involved and other relevant information. A copy of the PDS is available upon request to Balmoral Investors. Please note that past performance is not a reliable indicator of future performance. You should read the full PDS before deciding to acquire an interest in the Fund. Any forward-thinking statements, opinions, and estimates provided in this material is produced in good faith and is current as at the time of compilation, made on assumptions of accuracy and completeness of information available to Balmoral Investors. It is subject to change without notice and Balmoral Investors is not obliged to update the information.
No representations or warranties, express or implied, are made as to the accuracy or completeness of the information, opinions and conclusions. Further, none of Balmoral Investors, Mantis Funds Pty Ltd (ABN 77 640 207 021), Mantis Funds Services Pty Ltd, K2, or their respective employees, agents or service providers accept any liability for any loss, damage, claim, liability, proceeding, cost, or expense arising directly or indirectly out of or in connection with or from the use of the Information contained herein.
It is important to be aware that all investments carry risk. Different strategies for investing may carry different levels of risk, depending on the assets that make up the strategy. Before making an investment in the Fund, you should consider if it is appropriate for your individual circumstances, seek any necessary professional advice, and read the whole of the PDS or IM for the Fund in order to fully appreciate the risks of an investment in the Fund.