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Microequities Global Value Microcap

MIC0003AU

Microequities Global Value Microcap MIC0003AU Strategy

The fund follows a high conviction, concentrated strategy, typically investing in between 30-40 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 US$300m) but this will be limited to no more than 40% of assets of the fund. The fund is unhedged, does not short sell securities, hold any financial debt instruments or speculate in derivative instruments.
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

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Listed Investment Companies monthly performance: October 2023

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Where do active managers add value?

Morningstar’s inaugural report comparing active and passive funds in Australia has uncovered where funds prove their worth to investors.
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Active vs. passive in listed real estate

Deciding whether to use an active or passive vehicle for the different allocations within an investment portfolio is an important decision that investors need to make at the end of the day. 

Markets

Index
Last price
Change
% Change
All Ordinaries 7,223.10 30.30 0.42%
CAC 40 7,224.43 41.06 -0.57%
DAX 40 15,943.84 22.53 -0.14%
Dow JONES (US) 35,333.47 56.68 -0.16%
FTSE 100 7,434.67 26.03 -0.35%
HKSE 17,354.14 170.92 -0.98%
NASDAQ 14,241.02 9.83 -0.07%
Nikkei 225 33,408.39 39.28 -0.12%
NZX 50 Index 11,237.38 81.59 0.73%
S&P 500 4,550.43 8.91 -0.20%
S&P/ASX 200 7,015.20 27.60 0.39%
SSE Composite Index 3,038.55 6.85 0.23%

Market Movers

Name
Last price
Change
% Change
Pilbara Minerals Ltd PLS 3.58 0.03 0.85%
Telstra Group Ltd TLS 3.78 0.02 0.53%
South32 Ltd S32 3.10 0.01 0.32%
GPT Group GPT 4.02 0.03 0.75%
Evolution Mining Ltd EVN 3.86 0.11 2.93%
Scentre Group SCG 2.57 0.05 1.98%
Qube Holdings Ltd QUB 2.91 0.02 -0.68%
National Storage REIT NSR 2.13 0.06 2.90%
Stockland Corp Ltd SGP 4.02 0.07 1.77%
Origin Energy Ltd ORG 8.47 0.06 -0.70%