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  5. ICE Fund - Managed fund profile

ICE Fund - Managed Fund

Fund Objective
The Fund aims to achieve positive long term returns over rolling 5 to 7 year periods.
Fund Strategy
The fund aims to deliver superior medium to long-term returns by investing, either directly or through derivatives, in listed securities which possess, in the opinion of the Investment Manager, a sustainable competitive edge.

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 -1.66% 0.08% 7.25% 30.95% 13.09% -0.69% 7.14% 8.14%
Growth return -1.66% 0.08% 6.6% 29.15% 11.17% -6.32% 1.46% 2.31%
Income return 0% 0% 0.65% 1.8% 1.92% 5.63% 5.68% 5.83%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 0.8% 3.77% 5.84% 26.65% 9.63% -0.61% 4.65% 7.11%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ICE Fund
Australian Equities
93.10%
Cash
6.90%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.62%
Cash
4.02%
International Equities
2.99%
Property
1.10%
Fixed Interest
0.02%
Alternatives
0.26%

General Information

Fund Details
Type Description
ICE Fund
Equity Trustees Ltd
ETL0062AU
Equity Australia Mid/Small Growth
starstarstar (as at 31 Oct 2024)
Investment Fund
13 Feb 2006
$475.1 million (as at 19 Nov 2024)
$2.3266 (as at 19 Nov 2024)
$2.3126 (as at 19 Nov 2024)
Open
Offer information
Type Description
MER 1.18% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) 1.18% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Aug 2024)

Holding (as at 31 Aug 2024) Type % of Portfolio
Light & Wonder Inc Chess Depository Interest Equity 5.19%
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FAQs about the ICE Fund

The objective of the ICE Fund managed fund is The Fund aims to achieve positive long term returns over rolling 5 to 7 year periods.

The strategy of the ICE Fund managed fund is The fund aims to deliver superior medium to long-term returns by investing, either directly or through derivatives, in listed securities which possess, in the opinion of the Investment Manager, a sustainable competitive edge.

The APIR code of the ICE Fund managed fund is ETL0062AU.

ICE Fund’s total return last month was -1.66%. This was made up of a growth return of -1.66% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

ICE Fund’s total return for the last three months was 0.08%. This was made up of a growth return of 0.08% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

ICE Fund’s one-year total return is 30.95%. This was made up of a growth return of 29.15% and an income return of 1.8%. These returns were calculated as at 31 Oct 2024.

ICE Fund’s one-year total return is -0.69%. This was made up of a growth return of -6.32% and an income return of 5.63%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the ICE Fund managed fund is :

Australian Equities
93.10%
Cash
6.90%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the ICE Fund managed fund is Equity Trustees Ltd.

The ICE Fund managed fund belongs to the Equity Australia Mid/Small Growth sector/asset class.

As at 19 Nov 2024, the size of the ICE Fund managed fund was $475.1 million.

The ICE Fund managed fund has an inception date of 13 Feb 2006.

The current entry price of the ICE Fund managed fund is $2.3266 per unit and the current exit price is $2.3126 per unit (as at 19 Nov 2024).

The current exit price of the ICE Fund managed fund is $2.3126 per unit and the current entry price is $2.3266 per unit (as at 19 Nov 2024).

The minimum initial investment amount for the ICE Fund managed fund is $20,000. Minimum additional investment is $5000.

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.