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  5. LIB - Ironbark Rennaissance Australian Small Companies - Managed fund profile

LIB - Ironbark Rennaissance Australian Small Companies - Managed Fund

Fund Objective
To outperform the benchmark (before fees) over rolling 4-year periods.
Fund Strategy
Karara Capital is an active investment manager whose approach to Australian equities is built on the belief that original, forward looking research can identify underappreciated companies. Karara Capital's approach emphasises the development of insights into a company's longer term prospects. They look to consider all factors which they believe are relevant and carefully assess whether this view is reflected in the market place.

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 -1.97% -1.63% 1.77% 3.76% 5.61% 0.61% 1.83% -%
Growth return -1.97% -1.63% 1.77% 3.76% 5.61% 0.61% 1.83% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return -2.8% -1.46% 5.73% 7.33% 7.59% 2.13% 5.57% 6.49%
As at 28 Feb 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LIB - Ironbark Rennaissance Australian Small Companies
Australian Equities
96.09%
Cash
3.91%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.74%
Cash
3.95%
International Equities
3.57%
Property
0.50%
Fixed Interest
0%
Alternatives
0.25%

General Information

Fund Details
Type Description
LIB - Ironbark Rennaissance Australian Small Companies
Lifeplan Australia Friendly Society Ltd
LIF9823AU
Equity Australia Mid/Small Blend
Not Rated
Investment Fund
21 May 2018
$2.61 million (as at 31 Jan 2025)
$1.0964 (as at 6 Mar 2025)
$1.0964 (as at 6 Mar 2025)
Open
Offer information
Type Description
MER 1.71% (as at 25 Nov 2024)
Minimum initial investment $1,000.00
Minimum additional investments $100.00

Top 10 holdings (as at 31 Jan 2025)

Holding (as at 31 Jan 2025) Type % of Portfolio
PEXA Group Ltd Equity 4.61%
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FAQs about the LIB - Ironbark Rennaissance Australian Small Companies

The objective of the LIB - Ironbark Rennaissance Australian Small Companies managed fund is To outperform the benchmark (before fees) over rolling 4-year periods.

The strategy of the LIB - Ironbark Rennaissance Australian Small Companies managed fund is Karara Capital is an active investment manager whose approach to Australian equities is built on the belief that original, forward looking research can identify underappreciated companies. Karara Capital's approach emphasises the development of insights into a company's longer term prospects. They look to consider all factors which they believe are relevant and carefully assess whether this view is reflected in the market place.

The APIR code of the LIB - Ironbark Rennaissance Australian Small Companies managed fund is LIF9823AU.

LIB - Ironbark Rennaissance Australian Small Companies’s total return last month was -1.97%. This was made up of a growth return of -1.97% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

LIB - Ironbark Rennaissance Australian Small Companies’s total return for the last three months was -1.63%. This was made up of a growth return of -1.63% and an income return of 0%%. These returns were calculated as at 28 Feb 2025.

LIB - Ironbark Rennaissance Australian Small Companies’s one-year total return is 3.76%. This was made up of a growth return of 3.76% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

LIB - Ironbark Rennaissance Australian Small Companies’s one-year total return is 0.61%. This was made up of a growth return of 0.61% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

The asset allocation of the LIB - Ironbark Rennaissance Australian Small Companies managed fund is :

Australian Equities
96.09%
Cash
3.91%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the LIB - Ironbark Rennaissance Australian Small Companies managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - Ironbark Rennaissance Australian Small Companies managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 31 Jan 2025, the size of the LIB - Ironbark Rennaissance Australian Small Companies managed fund was $2.61 million.

The LIB - Ironbark Rennaissance Australian Small Companies managed fund has an inception date of 21 May 2018.

The current entry price of the LIB - Ironbark Rennaissance Australian Small Companies managed fund is $1.0964 per unit and the current exit price is $1.0964 per unit (as at 6 Mar 2025).

The current exit price of the LIB - Ironbark Rennaissance Australian Small Companies managed fund is $1.0964 per unit and the current entry price is $1.0964 per unit (as at 6 Mar 2025).

The minimum initial investment amount for the LIB - Ironbark Rennaissance Australian Small Companies managed fund is $1,000. Minimum additional investment is $100.

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.