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  5. Lennox Australian Microcap Fund - Managed fund profile

Lennox Australian Microcap Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term (after fees).
Fund Strategy
The Fund provides exposure to a select, actively managed portfolio of microcap equities. This is achieved by investing in securities listed, or expected to be listed, on the Australian Securities Exchange (ASX) and the New Zealand Securities Exchange (NZX). The Fund may also provide exposure to equity issued by Australian or New Zealand entities on other approved exchanges. The Fund may also invest in derivatives (including options, futures and warrants), cash and unlisted companies that are expected to list within 12 months.

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 2.84% 3.38% 17.28% 31.22% 32.02% 16.61% 16.07% -%
Growth return 2.84% 3.38% -97.18% -96.85% -79.69% -66.64% -47.5% -%
Income return 0% 0% 114.46% 128.07% 111.71% 83.25% 63.57% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 8.41% 12.42% 16.72% 23.4% 15.71% 9.81% 7.91% 9.19%
As at 31 May 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lennox Australian Microcap Fund
Australian Equities
9.84%
Cash
90.16%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.27%
Cash
3.90%
International Equities
3.88%
Property & Infrastructure
0.34%
Fixed Interest
0%
Alternatives
0.60%

General Information

Fund Details
Type Description
Lennox Australian Microcap Fund
Closed
Fidante Partners Limited
HOW1289AU
Equity Australia Mid/Small Blend
starstarstarstar (as at 31 May 2025)
Investment Fund
31 Jan 2018
$34.34 million (as at 31 Jan 2025)
$0.0314 (as at 11 Jun 2025)
$0.031 (as at 11 Jun 2025)
Finalised
Offer information
Type Description
MER 2.46% (as at 23 Nov 2023)
Indirect Cost Ratio (ICR) 2.46% (as at 30 Jun 2024)
Performance fee (not included in ICR) 1.16
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025) Type % of Portfolio
Integral Diagnostics Ltd Equity 6.67%
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FAQs about the Lennox Australian Microcap Fund

The objective of the Lennox Australian Microcap Fund managed fund is The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term (after fees).

The strategy of the Lennox Australian Microcap Fund managed fund is The Fund provides exposure to a select, actively managed portfolio of microcap equities. This is achieved by investing in securities listed, or expected to be listed, on the Australian Securities Exchange (ASX) and the New Zealand Securities Exchange (NZX). The Fund may also provide exposure to equity issued by Australian or New Zealand entities on other approved exchanges. The Fund may also invest in derivatives (including options, futures and warrants), cash and unlisted companies that are expected to list within 12 months.

The APIR code of the Lennox Australian Microcap Fund managed fund is HOW1289AU.

Lennox Australian Microcap Fund’s total return last month was 2.84%. This was made up of a growth return of 2.84% and an income return of 0%. These returns were calculated as at 31 May 2025.

Lennox Australian Microcap Fund’s total return for the last three months was 3.38%. This was made up of a growth return of 3.38% and an income return of 0%%. These returns were calculated as at 31 May 2025.

Lennox Australian Microcap Fund’s one-year total return is 31.22%. This was made up of a growth return of -96.85% and an income return of 128.07%. These returns were calculated as at 31 May 2025.

Lennox Australian Microcap Fund’s one-year total return is 16.61%. This was made up of a growth return of -66.64% and an income return of 83.25%. These returns were calculated as at 31 May 2025.

The asset allocation of the Lennox Australian Microcap Fund managed fund is :

Australian Equities
9.84%
Cash
90.16%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Lennox Australian Microcap Fund managed fund is Fidante Partners Limited.

The Lennox Australian Microcap Fund managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 31 Jan 2025, the size of the Lennox Australian Microcap Fund managed fund was $34.34 million.

The Lennox Australian Microcap Fund managed fund has an inception date of 31 Jan 2018.

The current entry price of the Lennox Australian Microcap Fund managed fund is $0.0314 per unit and the current exit price is $0.031 per unit (as at 11 Jun 2025).

The current exit price of the Lennox Australian Microcap Fund managed fund is $0.031 per unit and the current entry price is $0.0314 per unit (as at 11 Jun 2025).

The minimum initial investment amount for the Lennox Australian Microcap Fund managed fund is $10,000. Minimum additional investment is $1000.

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.