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  5. Paradice Australian Mid Capital Fund B - Managed fund profile

Paradice Australian Mid Capital Fund B - Managed Fund

Fund Objective
The Fund aims to outperform the composite benchmark of 70% of the S&P/ASX Mid Cap 50 Accumulation Index and 30% of the S&P/ASX Small Ordinaries Accumulation Index by 3% pa over a three to five year period (after management costs and before tax).
Fund Strategy
To achieve the investment objective, the Fund will invest in Australian and New Zealand mid capitalisation companies. Investment is generally restricted to companies or unit trusts/schemes listed on the ASX but outside the ASX Top 50 companies as determined by the ASX with a market capitalisation exceeding $400m and to equivalent stocks listed on the New Zealand Stock Exchange at the time of the initial investment.

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 6.92% 8.79% 11.4% 26.49% 10.5% 5.75% 8.83% -%
Growth return 6.92% 8.79% 9.75% 23.2% 7.48% -0.39% 3.54% -%
Income return 0% 0% 1.65% 3.29% 3.02% 6.14% 5.29% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 1.32% 7.29% 7.28% 19.88% 7.73% -0.08% 4.6% 7.66%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Paradice Australian Mid Capital Fund B
Australian Equities
98.73%
Cash
1.27%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.54%
Cash
3.95%
International Equities
2.99%
Property
1.25%
Fixed Interest
0.02%
Alternatives
0.26%

General Information

Fund Details
Type Description
Paradice Australian Mid Capital Fund B
Equity Trustees Ltd
ETL8772AU
Equity Australia Mid/Small Blend
starstarstarstar (as at 30 Nov 2024)
Investment Fund
15 May 2017
$66.84 million (as at 30 Nov 2024)
$1.2181 (as at 23 Dec 2024)
$1.2121 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 1.10% (as at 19 Apr 2024)
Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $10,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
CAR Group Ltd Equity 6.04%
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FAQs about the Paradice Australian Mid Capital Fund B

The objective of the Paradice Australian Mid Capital Fund B managed fund is The Fund aims to outperform the composite benchmark of 70% of the S&P/ASX Mid Cap 50 Accumulation Index and 30% of the S&P/ASX Small Ordinaries Accumulation Index by 3% pa over a three to five year period (after management costs and before tax).

The strategy of the Paradice Australian Mid Capital Fund B managed fund is To achieve the investment objective, the Fund will invest in Australian and New Zealand mid capitalisation companies. Investment is generally restricted to companies or unit trusts/schemes listed on the ASX but outside the ASX Top 50 companies as determined by the ASX with a market capitalisation exceeding $400m and to equivalent stocks listed on the New Zealand Stock Exchange at the time of the initial investment.

The APIR code of the Paradice Australian Mid Capital Fund B managed fund is ETL8772AU.

Paradice Australian Mid Capital Fund B’s total return last month was 6.92%. This was made up of a growth return of 6.92% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Paradice Australian Mid Capital Fund B’s total return for the last three months was 8.79%. This was made up of a growth return of 8.79% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

Paradice Australian Mid Capital Fund B’s one-year total return is 26.49%. This was made up of a growth return of 23.2% and an income return of 3.29%. These returns were calculated as at 30 Nov 2024.

Paradice Australian Mid Capital Fund B’s one-year total return is 5.75%. This was made up of a growth return of -0.39% and an income return of 6.14%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Paradice Australian Mid Capital Fund B managed fund is :

Australian Equities
98.73%
Cash
1.27%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Paradice Australian Mid Capital Fund B managed fund is Equity Trustees Ltd.

The Paradice Australian Mid Capital Fund B managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 30 Nov 2024, the size of the Paradice Australian Mid Capital Fund B managed fund was $66.84 million.

The Paradice Australian Mid Capital Fund B managed fund has an inception date of 15 May 2017.

The current entry price of the Paradice Australian Mid Capital Fund B managed fund is $1.2181 per unit and the current exit price is $1.2121 per unit (as at 23 Dec 2024).

The current exit price of the Paradice Australian Mid Capital Fund B managed fund is $1.2121 per unit and the current entry price is $1.2181 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the Paradice Australian Mid Capital Fund B managed fund is $20,000. Minimum additional investment is $10000.

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.