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  5. THB US Micro Capital - Managed fund profile

THB US Micro Capital - Managed Fund

Fund Objective
To consistently outperform the Benchmark; after fees; by investing in a portfolio of listed equity securities that are generally covered by the Benchmark.
Fund Strategy
To achieve the investment objective; the Fund will invest in US equity companies with market capitalisations that are generally consistent with the range of the market capitalisations of the securities comprising the Russell Microcap Index at the time of 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 -5.24% -11.38% -2.58% -6.21% 5.68% 4.31% 14.21% 8.16%
Growth return -5.24% -11.38% -2.58% -9.33% 3.15% 1.95% 9.19% 2.88%
Income return 0% 0% 0% 3.12% 2.53% 2.36% 5.02% 5.28%
Market index (MSCI USA NR AUD)
Total return -6.08% -5.22% 9.06% 12.81% 22.54% 15.32% 17.63% 14.12%
As at 31 Mar 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
International Equities
92.87%
Cash
0.78%
Property
0.59%
Alternatives
5.76%

General Information

Fund Details
Type Description
THB US Micro Capital (Wholesale)
Equity Trustees Ltd
ETL0413AU
Equity North America
star (as at 31 Mar 2025)
Investment Fund
30 Sep 2014
$84 million (as at 11 Apr 2025)
$1.4767 (as at 15 Apr 2025)
$1.4679 (as at 15 Apr 2025)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.26% (as at 30 Jun 2015)
Minimum initial investment $250,000
Minimum additional investments $25,000
Minimum redemption amount $25,000

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025) Type % of Portfolio
Acadian Asset Management Inc Equity 3.31%
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FAQs about the THB US Micro Capital

The objective of the THB US Micro Capital managed fund is To consistently outperform the Benchmark; after fees; by investing in a portfolio of listed equity securities that are generally covered by the Benchmark.

The strategy of the THB US Micro Capital managed fund is To achieve the investment objective; the Fund will invest in US equity companies with market capitalisations that are generally consistent with the range of the market capitalisations of the securities comprising the Russell Microcap Index at the time of investment.

The APIR code of the THB US Micro Capital managed fund is ETL0413AU.

THB US Micro Capital’s total return last month was -5.24%. This was made up of a growth return of -5.24% and an income return of 0%. These returns were calculated as at 31 Mar 2025.

THB US Micro Capital’s total return for the last three months was -11.38%. This was made up of a growth return of -11.38% and an income return of 0%%. These returns were calculated as at 31 Mar 2025.

THB US Micro Capital’s one-year total return is -6.21%. This was made up of a growth return of -9.33% and an income return of 3.12%. These returns were calculated as at 31 Mar 2025.

THB US Micro Capital’s one-year total return is 4.31%. This was made up of a growth return of 1.95% and an income return of 2.36%. These returns were calculated as at 31 Mar 2025.

The asset allocation of the THB US Micro Capital managed fund is :

International Equities
100%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the THB US Micro Capital managed fund is Equity Trustees Ltd.

The THB US Micro Capital managed fund belongs to the Equity North America sector/asset class.

As at 11 Apr 2025, the size of the THB US Micro Capital managed fund was $84 million.

The THB US Micro Capital managed fund has an inception date of 30 Sep 2014.

The current entry price of the THB US Micro Capital managed fund is $1.4767 per unit and the current exit price is $1.4679 per unit (as at 15 Apr 2025).

The current exit price of the THB US Micro Capital managed fund is $1.4679 per unit and the current entry price is $1.4767 per unit (as at 15 Apr 2025).

The minimum initial investment amount for the THB US Micro Capital managed fund is $250,000. Minimum additional investment is $25000.

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.