NovaPort Smaller Companies

Important Update

The Challenger Smaller Companies Fund will be closed to new investors effective from 31st May 2004. The Fund has experienced substantial growth in the past six months increasing from $122 million as at 30th September 2003 to $401 million as at 28th February 2004 and accordingly, in our view, the Fund is close to reaching capacity.

If you have already invested in this fund and would like to make additional investments, you will need to do so before 31st May 2004. Additional one-off investments into the Fund will not be accepted after 31st May 2004. However, Regular Savings Plans and distribution reinvestments will continue to be accepted after 31st May 2004 provided that these arrangements have been put in place prior to this date.

Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today » it's FREE!

Already a member? Login now!

General Information
Fund Name NovaPort Smaller Companies
Fund Status Closed
Manager Fidante Partners Limited
APIR Code HOW0017AU  
Sector/Asset Class Equity Australia Mid/Small Blend  
Morningstar Rating  (as at 31st Mar 2014)  
Morningstar Recommendation Login now to view this recommendation.  
Legal Structure Investment Fund  
Fund Inception 2nd Sep 2002
Fund Size $21.12 million (as at 31st Mar 2014) 
Entry Price $2.2381 (as at 16th Apr 2014) 
Exit Price $2.2203 (as at 16th Apr 2014) 
Related Links
Download the PDS

Email this profile to a friend

Find another fund

Save a tree - click here to download the PDS

Fund Performance (as at 31st Mar 2014)   NOTE : returns for periods greater than 1 year are annualised
  1 Month
3 Month
6 Month
1 Year
% p.a.
2 Year
% p.a.
3 Year
% p.a.
5 Year
% p.a.
10 Year
% p.a.
Total Return -0.02 2.25 3.68 16.26 23.9 14.74 23.58 13.11
Growth Return -0.02 2.25 2.60 15.06 22.38 12.32 21.23 1.94
Income Return 0.00 0.00 1.08 1.20 1.52 2.42 2.35 11.17
Morningstar Index
(Mstar PG ITr Equity Aus Mid/Sm Bld Idx)  
Total Return 0.43 3.05 4.18 10.27 9.95 5.82 17.60 10.66
Market Index
(S&P/ASX Small Ordinaries TR AUD)
Total Return -1.16 0.89 0.73 -1.46 -3.67 -5.33 8.76 4.89

Asset Allocation (as at 31st Mar 2014)  
Domestic Shares 92.9231%
International Shares 0%
Cash 7.0769%
Listed Property 0%
Direct Property 0%
Domestic Fixed Interest 0%
International Fixed Interest 0%
Mortgage 0%
Other 0%
Be rewarded for investing!

Recently, the federal government introduced a package of reforms known as the Future of Financial Advice - FoFA for short. Among other things, the package bans trailing fees and other commissions for new investments in retail investment products from 1 July 2013. That's good news for investors!

Unfortunately, the reforms don't cover existing investments - so even after 1 July 2013, you could find yourself paying hidden commissions on managed funds. That means TrailCap can still save you money.

Objectives and Strategy
Fund Objective The Fund is designed to provide investors with a diversified portfolio of smaller Australian companies that aims to outperform its benchmark over rolling three-year periods.
Fund Strategy The Fund will primarily be invested in the shares of companies listed on the ASX, but not included in the ASX 100 at the time they are first acquired on behalf of the Fund. Up to 10% of the Fund can be invested in unlisted companies, usually those that intend to list within six months. The Fund may also invest in listed New Zealand companies and a proportion may also be held in cash. The Fund can invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares.


Offer Information
Standard Entry Fee 4%
Indirect Cost Ratio (ICR) 2% (as at 30th Jun 2013)
Minimum Initial Investment $5,000
Minimum Additional Investments $1,000
Minimum Redemption Amount $1,000

Top 10 Holdings (as at 31st Jan 2014)
Holding Type % of Portfolio
Sirtex Medical Limited Equity 4.61
Login now to view the complete list of holdings.

MorningstarThe data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit

© Copyright Morningstar Australasia Pty Ltd 2009 ABN 95 090 665 544 (Morningstar), AFSL 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.

* Dates for historical returns vary from fund to fund


Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Trading Using Options and Minis

This guide to using options and MINIs to improve the results of your trading is for those with some experience in trading shares.

More details...


Fund battle adjourned

The Age 19/12/2013 | A legal stoush between the Future Fund and AustralianSuper has been adjourned for three months. The Victorian Supreme Court battle centres on the price the Future Fund paid for a stake in Perth Airport. AustralianSuper, also an investor, claims the Future Fund priced it out of expanding its holding in the airport by ascribing a premium of up to 43 per cent of the asset.

Fracking bonus in UK

The Age 19/12/2013 | Australian engineering outfit AJ Lucas may be a big beneficiary of UK government plans to accelerate development of its shale oil and gas. A government report has found that more than half the country could be suitable for shale gas fracking. AJ Lucas has extensive exploration acreage in the UK, as does Dart Energy. Shares in AJ Lucas closed up 4¢ at 98¢.

Joyce talks tough with unions on cuts

The Age 19/12/2013 | Qantas boss Alan Joyce has made clear to unions that the airline must lower its costs substantially to make it competitive against Virgin Australia but has remained steadfast in his strategy in the domestic market.

Crunch time in Rinehart trust row

The Age 19/12/2013 | Gina Rinehart might have been missing in action at the Ten Network annual meeting on Wednesday, but she is believed to be at the pointy end of reaching a settlement with her two estranged children - or face the prospect of being cross-examined in the courts next year.


The Age 19/12/2013 | Chips are down for the millers

Blow for NuCoal as watchdog urges NSW to scrap licences

The Age 19/12/2013 | The prospects of NuCoal retaining control of controversial coal acreage in the Hunter Valley are receding, following a call by the NSW Independent Commission Against Corruption for the state government to cancel the licences.


Sponsored Links

Feedback Form