Pengana Global Small Companies

PCL0022AU

Pengana Global Small Companies PCL0022AU Strategy

The Pengana Global Small Companies Fund is managed by specialist US-based manager Lizard Investors LLC. Lizard believes that unique opportunities exist due to limited available research, corporate actions or unfavourable investor perception. The investment manager uses a value-oriented approach to identify and invest in quality businesses that create significant value but are mispriced, overlooked, or out of favour. The portfolio is well-diversified across different geographies and industries.
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

Listed Investment Companies monthly performance: August 2025

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

Another dawn for hedge funds?

The opportunity and evolving role of hedge funds for investors today.
funds

The hidden costs of passive investing

Index funds and systematic strategies face trading frictions that quietly erode investor returns.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,293.2045.10-0.48%
CAC 408,195.697.100.09%
DAX 4023,896.77375.42-1.55%
Dow JONES (US)45,952.24301.07-0.65%
FTSE 1009,349.4086.69-0.92%
HKSE25,247.10641.41-2.48%
NASDAQ22,562.54107.54-0.47%
Nikkei 22547,582.15695.59-1.44%
NZX 50 Index13,289.2199.89-0.75%
S&P 5006,629.070.000.00%
S&P/ASX 2008,995.3034.70-0.38%
SSE Composite Index3,839.7676.47-1.95%

Market Movers