InvestSMART

Fairlight Global Small & Mid Capital I - Managed Fund

Fund Objective
The Fund takes a bottom up approach to investing with deep fundamental research of both the quantitative and qualitative aspects of investee companies. The Fund is benchmark unaware as the Investment Manager believes this unconstrained approach allows maximum flexibility to pursue attractive risk adjusted investments. The intention of the Fund is to hold high quality businesses that generate attractive returns on capital employed through a full market cycle with low levels of debt, managed by competent executive teams that are highly aligned.
Fund Strategy
The Fund takes a bottom up approach to investing with deep fundamental research of both the quantitative and qualitative aspects of investee companies. The Fund is benchmark unaware as the Investment Manager believes this unconstrained approach allows maximum flexibility to pursue attractive risk adjusted investments. The intention of the Fund is to hold high quality businesses that generate attractive returns on capital employed through a full market cycle with low levels of debt, managed by competent executive teams that are highly aligned.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -4.3% -9.55% -14.46% -15.18% -1.02% 7.52% -% -%
Growth return -2.47% -8.5% -15.22% -14.84% -4.35% 6.21% -% -%
Income return -1.83% -1.05% 0.76% -0.34% 3.33% 1.31% -% -%
Market index (MSCI World Small Cap NR AUD)
Total return 0.59% 1.37% 7.1% 9.02% 15.31% 13.44% 9.86% 11.02%
As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fairlight Global Small & Mid Capital I
Australian Equities
48.01%
International Equities
48.01%
Cash
3.98%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
7.86%
International Equities
86.55%
Cash
2.85%
Property & Infrastructure
0.17%
Alternatives
2.56%

General Information

Fund Details
Type Description
Fairlight Global Small & Mid Capital I
PIM5582AU
Equity World Mid/Small
starstar (as at 31 Jan 2026)
Investment Fund
4 Jul 2022
$109.4 million (as at 29 Jan 2026)
$1.3273 (as at 9 Feb 2026)
$1.3207 (as at 9 Feb 2026)
Open
Offer information
Type Description
MER 1.10% (as at 29 Dec 2024)
Indirect Cost Ratio (ICR) 1.15% (as at 30 Jun 2023)
Minimum initial investment $50,000
Minimum additional investments $10,000.00
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FAQs about the Fairlight Global Small & Mid Capital I

The objective of the Fairlight Global Small & Mid Capital I managed fund is The Fund takes a bottom up approach to investing with deep fundamental research of both the quantitative and qualitative aspects of investee companies. The Fund is benchmark unaware as the Investment Manager believes this unconstrained approach allows maximum flexibility to pursue attractive risk adjusted investments. The intention of the Fund is to hold high quality businesses that generate attractive returns on capital employed through a full market cycle with low levels of debt, managed by competent executive teams that are highly aligned.

The strategy of the Fairlight Global Small & Mid Capital I managed fund is The Fund takes a bottom up approach to investing with deep fundamental research of both the quantitative and qualitative aspects of investee companies. The Fund is benchmark unaware as the Investment Manager believes this unconstrained approach allows maximum flexibility to pursue attractive risk adjusted investments. The intention of the Fund is to hold high quality businesses that generate attractive returns on capital employed through a full market cycle with low levels of debt, managed by competent executive teams that are highly aligned.

The APIR code of the Fairlight Global Small & Mid Capital I managed fund is PIM5582AU.

Fairlight Global Small & Mid Capital I’s total return last month was -4.3%. This was made up of a growth return of -2.47% and an income return of -1.83%. These returns were calculated as at 31 Jan 2026.

Fairlight Global Small & Mid Capital I’s total return for the last three months was -9.55%. This was made up of a growth return of -8.5% and an income return of -1.05%%. These returns were calculated as at 31 Jan 2026.

Fairlight Global Small & Mid Capital I’s one-year total return is -15.18%. This was made up of a growth return of -14.84% and an income return of -0.34%. These returns were calculated as at 31 Jan 2026.

Fairlight Global Small & Mid Capital I’s one-year total return is 7.52%. This was made up of a growth return of 6.21% and an income return of 1.31%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the Fairlight Global Small & Mid Capital I managed fund is :

Australian Equities
48.01%
International Equities
48.01%
Cash
3.98%
Property & Infrastructure
0%
Alternatives
0%

The Fairlight Global Small & Mid Capital I managed fund belongs to the Equity World Mid/Small sector/asset class.

As at 29 Jan 2026, the size of the Fairlight Global Small & Mid Capital I managed fund was $109.4 million.

The Fairlight Global Small & Mid Capital I managed fund has an inception date of 4 Jul 2022.

The current entry price of the Fairlight Global Small & Mid Capital I managed fund is $1.3273 per unit and the current exit price is $1.3207 per unit (as at 9 Feb 2026).

The current exit price of the Fairlight Global Small & Mid Capital I managed fund is $1.3207 per unit and the current entry price is $1.3273 per unit (as at 9 Feb 2026).

The minimum initial investment amount for the Fairlight Global Small & Mid Capital I managed fund is $50,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.