Spheria Australian Microcap
WHT0066AU
Spheria Australian Microcap WHT0066AU Strategy
Spheria is a fundamental based investment manager with a bottom-up focus, specialising in smaller companies. Spheria’s investment philosophy is to purchase securities where the present value of future free cash flows can be reasonably ascertained, and the security is trading at a discount to the calculated intrinsic value, subject to certain risk criteria.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Funds News & Analysis
funds
Morningstar reassess view of Platinum ETF and fund
Changes to the portfolio management team drive a ratings revision.
funds
Listed Investment Companies monthly performance: March 2024
The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
funds
Why LICs may be close to bottoming
Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.
Morningstar Investment Ideas
Stocks
ETFs
- Australian ETFs
- Active Australian Equity ETFs
- Passive Australian Equity ETFs
- Emerging Market Equity ETFs
- Sustainable ETFs
- Active Global Equity ETFs
- Passive Global Equity ETFs
- Active Australian Fixed Interest ETFs
- Passive Australian Fixed Interest ETFs
- Active Australian Listed Property ETFs
- Passive Australian Listed Property ETFs
- Active Global Fixed Interest ETFs
- Passive Global Fixed Interest ETFs
- Active Global Infrastructure ETFs
- Passive Global Infrastructure ETFs
- Active Global Property ETFs
- Passive Global Property ETFs
Funds
- Active Australian Equity Funds
- Passive Australian Equity Funds
- Active Global Equity Funds
- Passive Global Equity Funds
- Sustainable Funds
- Emerging Market Equity Funds
- Passive Australian Listed Property Funds
- Active Australian Listed Property Funds
- Passive Global Infrastructure Funds
- Active Global Infrastructure Funds
- Active Global Property Funds
- Passive Global Property Funds
- Active Australian Fixed Interest Funds
- Passive Australian Fixed Interest Funds
- Active Global Fixed Interest Funds
- Passive Global Fixed Interest Funds
Markets
Index
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| All Ordinaries | 7,845.60 | 91.90 | -1.16% |
| CAC 40 | 8,016.65 | 75.21 | -0.93% |
| DAX 40 | 17,917.28 | 171.42 | -0.95% |
| Dow JONES (US) | 38,085.80 | 375.12 | -0.98% |
| FTSE 100 | 8,078.86 | 38.48 | 0.48% |
| HKSE | 17,284.54 | 83.27 | 0.48% |
| NASDAQ | 15,611.76 | 100.99 | -0.64% |
| Nikkei 225 | 37,602.97 | 25.51 | -0.07% |
| NZX 50 Index | 11,886.38 | 60.05 | -0.50% |
| S&P 500 | 5,048.42 | 23.21 | -0.46% |
| S&P/ASX 200 | 7,585.60 | 97.40 | -1.27% |
| SSE Composite Index | 3,052.90 | 8.08 | 0.27% |
Market Movers
Name
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| Link Administration Holdings Ltd LNK | 2.25 | 0.00 | 0.00% |
| Tietto Minerals Ltd TIE | 0.68 | 0.00 | 0.37% |
| Jupiter Mines Ltd JMS | 0.30 | 0.01 | 1.69% |
| Sayona Mining Ltd SYA | 0.03 | 0.00 | 0.00% |
| BHP Group Ltd BHP | 43.20 | 2.03 | -4.49% |
| Pilbara Minerals Ltd PLS | 3.77 | 0.10 | -2.46% |
| The Star Entertainment Group Ltd SGR | 0.39 | 0.01 | -2.50% |
| Red 5 Ltd RED | 0.44 | 0.01 | 2.91% |
| Alligator Energy Ltd AGE | 0.05 | 0.00 | -0.94% |
| South32 Ltd S32 | 3.34 | 0.03 | 0.91% |