Lakehouse Small Companies Fund - Managed Fund

Fund Objective

The Investment Manager’s strategy for the Fund is to invest in a high conviction portfolio of 15 to 30 small companies listed in Australia and New Zealand. The Fund will typically hold 5% to 15% of its capital in cash, depending on the Investment Manager’s opinion of the prevailing opportunity set, and may hold up to 10% of its capital in unlisted companies expected to IPO within 12 months.

Fund Strategy

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-9.1%	-20.28%	-14.81%	-7.93%	15.18%	14.48%	1.24%	-%
Growth return	-1.34%	-14.94%	-16.56%	-10.16%	4.19%	11.86%	-4.14%	-%
Income return	-7.76%	-5.34%	1.75%	2.23%	10.99%	2.62%	5.38%	-%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return	2.74%	2.65%	17.3%	22.76%	17.42%	12.08%	7.49%	9.51%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lakehouse Small Companies Fund

Australian Equities: 94.58%

Cash: 5.42%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 91.91%

Cash: 3.84%

International Equities: 3.32%

Property & Infrastructure: 0.21%

Fixed Interest: 0%

Alternatives: 0.71%

General Information

Fund Details

Type	Description
Fund Name	Lakehouse Small Companies Fund
APIR Code	OMF6696AU
Sector/Asset Class	Equity Australia Mid/Small Growth
Morningstar Rating	(as at 31 Jan 2026)
Legal Structure	Investment Fund
Fund Inception	16 Nov 2016
Fund Size	$232.45 million (as at 19 Jul 2023)
Entry Price	$1.7435 (as at 11 Feb 2026)
Exit Price	$1.7349 (as at 11 Feb 2026)
Fund Status	Open

Offer information

Type	Description
MER	1.71% (as at 25 Feb 2025)
Indirect Cost Ratio (ICR)	1.30% (as at 30 Jun 2025)
Minimum initial investment	$25,000
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 31 Dec 2020)

Holding (as at 31 Dec 2020)	Type	% of Portfolio
Netwealth Group Ltd	Equity	9.75%
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FAQs about the Lakehouse Small Companies Fund

What is the objective of the Lakehouse Small Companies Fund managed fund?

The objective of the Lakehouse Small Companies Fund managed fund is The Investment Manager’s strategy for the Fund is to invest in a high conviction portfolio of 15 to 30 small companies listed in Australia and New Zealand. The Fund will typically hold 5% to 15% of its capital in cash, depending on the Investment Manager’s opinion of the prevailing opportunity set, and may hold up to 10% of its capital in unlisted companies expected to IPO within 12 months.

What is the strategy for the Lakehouse Small Companies Fund managed fund?

The strategy of the Lakehouse Small Companies Fund managed fund is The Investment Manager’s strategy for the Fund is to invest in a high conviction portfolio of 15 to 30 small companies listed in Australia and New Zealand. The Fund will typically hold 5% to 15% of its capital in cash, depending on the Investment Manager’s opinion of the prevailing opportunity set, and may hold up to 10% of its capital in unlisted companies expected to IPO within 12 months.

What is the APIR code of the Lakehouse Small Companies Fund managed fund?

The APIR code of the Lakehouse Small Companies Fund managed fund is OMF6696AU.

What was Lakehouse Small Companies Fund’s total return last month?

Lakehouse Small Companies Fund’s total return last month was -9.1%. This was made up of a growth return of -1.34% and an income return of -7.76%. These returns were calculated as at 31 Jan 2026.

What was Lakehouse Small Companies Fund’s total return for the last three months?

Lakehouse Small Companies Fund’s total return for the last three months was -20.28%. This was made up of a growth return of -14.94% and an income return of -5.34%%. These returns were calculated as at 31 Jan 2026.

What is Lakehouse Small Companies Fund’s one-year total return?

Lakehouse Small Companies Fund’s one-year total return is -7.93%. This was made up of a growth return of -10.16% and an income return of 2.23%. These returns were calculated as at 31 Jan 2026.

What is Lakehouse Small Companies Fund’s three-year total return?

Lakehouse Small Companies Fund’s one-year total return is 14.48%. This was made up of a growth return of 11.86% and an income return of 2.62%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Lakehouse Small Companies Fund managed fund?

The asset allocation of the Lakehouse Small Companies Fund managed fund is :

Australian Equities: 94.58%

Cash: 5.42%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the Lakehouse Small Companies Fund managed fund belong to?

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

What is the size of the Lakehouse Small Companies Fund managed fund?

As at 19 Jul 2023, the size of the Lakehouse Small Companies Fund managed fund was $232.45 million.

What is the inception date of the Lakehouse Small Companies Fund managed fund?

The Lakehouse Small Companies Fund managed fund has an inception date of 16 Nov 2016.

What is the current entry price of the Lakehouse Small Companies Fund managed fund?

The current entry price of the Lakehouse Small Companies Fund managed fund is $1.7435 per unit and the current exit price is $1.7349 per unit (as at 11 Feb 2026).

What is the current exit price of the Lakehouse Small Companies Fund managed fund?

The current exit price of the Lakehouse Small Companies Fund managed fund is $1.7349 per unit and the current entry price is $1.7435 per unit (as at 11 Feb 2026).

What is the minimum investment amount for the Lakehouse Small Companies Fund managed fund?

The minimum initial investment amount for the Lakehouse Small Companies Fund managed fund is $25,000.

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.

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