InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Microequities Deep Value - Managed fund profile

Microequities Deep Value - Managed Fund

Fund Objective
The objective of this Fund is to identify undervalued Microcap companies, invest in them and through a medium to long term commitment attempt to deliver superior investment returns.
Fund Strategy
The Fund invests primarily in Australian securities exchange listed Microcap and Smallcap companies, which at the time of initial investment are generally below a market capitalisation of A$2 billiion.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 6.88% 10.01% 8.17% 4.44% 8.61% 7.73% 6.52% 8.4%
Growth return 6.88% 3.05% 1.33% -2.17% 5.11% 4.99% 2.42% 3.57%
Income return 0% 6.96% 6.84% 6.61% 3.5% 2.74% 4.1% 4.83%
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 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Microequities Deep Value
Australian Equities
97.40%
Cash
2.60%
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
Microequities Deep Value (Wholesale)
Microequities Asset Management Pty Ltd
MIC0001AU
Equity Australia Mid/Small Value
star (as at 31 Aug 2025)
Investment Fund
6 Mar 2009
$184.32 million (as at 30 Jun 2025)
$4.9424 (as at 31 Aug 2025)
$4.903 (as at 31 Aug 2025)
Open
Offer information
Type Description
MER 1.64% (as at 1 May 2024)
Indirect Cost Ratio (ICR) 1.64% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $100,000
Minimum additional investments $20,000
Minimum redemption amount

FAQs about the Microequities Deep Value

The objective of the Microequities Deep Value managed fund is The objective of this Fund is to identify undervalued Microcap companies, invest in them and through a medium to long term commitment attempt to deliver superior investment returns.

The strategy of the Microequities Deep Value managed fund is The Fund invests primarily in Australian securities exchange listed Microcap and Smallcap companies, which at the time of initial investment are generally below a market capitalisation of A$2 billiion.

The APIR code of the Microequities Deep Value managed fund is MIC0001AU.

Microequities Deep Value’s total return last month was 6.88%. This was made up of a growth return of 6.88% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Microequities Deep Value’s total return for the last three months was 10.01%. This was made up of a growth return of 3.05% and an income return of 6.96%%. These returns were calculated as at 31 Aug 2025.

Microequities Deep Value’s one-year total return is 4.44%. This was made up of a growth return of -2.17% and an income return of 6.61%. These returns were calculated as at 31 Aug 2025.

Microequities Deep Value’s one-year total return is 7.73%. This was made up of a growth return of 4.99% and an income return of 2.74%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Microequities Deep Value managed fund is :

Australian Equities
97.40%
Cash
2.60%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Microequities Deep Value managed fund is Microequities Asset Management Pty Ltd.

The Microequities Deep Value managed fund belongs to the Equity Australia Mid/Small Value sector/asset class.

As at 30 Jun 2025, the size of the Microequities Deep Value managed fund was $184.32 million.

The Microequities Deep Value managed fund has an inception date of 6 Mar 2009.

The current entry price of the Microequities Deep Value managed fund is $4.9424 per unit and the current exit price is $4.903 per unit (as at 31 Aug 2025).

The current exit price of the Microequities Deep Value managed fund is $4.903 per unit and the current entry price is $4.9424 per unit (as at 31 Aug 2025).

The minimum initial investment amount for the Microequities Deep Value managed fund is $100,000. Minimum additional investment is $20000.

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.