Microequities High Income Value Microcap - Managed Fund

The objective of the Microequities High Income Value Microcap managed fund is The fund invests in undervalued ASX listed microcaps (below $250m market capitalisation at time of initial investment) that are profitable and paying regular high dividends. At time of investment, the companies must be paying a forecast grossed up dividend yield of at least 10% per annum. The suggested investment horizon for investors is 5 years or greater.

The strategy of the Microequities High Income Value Microcap managed fund is The fund follows a high conviction, concentrated strategy, typically investing in no more than 20 companies. The fund can invest up to 20% in any one company. The fund may also invest in companies outside of the microcap asset class (i.e. Those companies with a market capitalisation of more than $250m) but this will be limited to no more than 20% of assets of the fund. The fund will short sell securities, hold any financial debt instruments or speculate in derivative instruments.

The APIR code of the Microequities High Income Value Microcap managed fund is MIC0002AU.

Microequities High Income Value Microcap’s total return last month was 7.11%. This was made up of a growth return of 6.82% and an income return of 0.29%. These returns were calculated as at 31 Aug 2025.

Microequities High Income Value Microcap’s total return for the last three months was 13.15%. This was made up of a growth return of 9.75% and an income return of 3.4%%. These returns were calculated as at 31 Aug 2025.

Microequities High Income Value Microcap’s one-year total return is 6.86%. This was made up of a growth return of 1.01% and an income return of 5.85%. These returns were calculated as at 31 Aug 2025.

Microequities High Income Value Microcap’s one-year total return is 6.15%. This was made up of a growth return of 0.36% and an income return of 5.79%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Microequities High Income Value Microcap managed fund is :

The Responsible Entity for the Microequities High Income Value Microcap managed fund is Microequities Asset Management Pty Ltd.

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

As at 30 Jun 2025, the size of the Microequities High Income Value Microcap managed fund was $59.87 million.

The Microequities High Income Value Microcap managed fund has an inception date of 1 Mar 2012.

The current entry price of the Microequities High Income Value Microcap managed fund is $1.822 per unit and the current exit price is $1.8074 per unit (as at 31 Aug 2025).

The current exit price of the Microequities High Income Value Microcap managed fund is $1.8074 per unit and the current entry price is $1.822 per unit (as at 31 Aug 2025).

The minimum initial investment amount for the Microequities High Income Value Microcap managed fund is $50,000. Minimum additional investment is $20000.