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.


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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) 
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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%
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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.

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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 www.morningstar.com.au

© 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




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