Australian Small Companies Select Fund (managed fund)

OVERVIEW

About

The Fund aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term (after fees and expenses) by investing in a portfolio of high quality, profitable small companies.

Portfolio constructed using a series of screens aiming to identify companies with positive earnings and a strong ability to service debt
Relative valuation metrics, price momentum and liquidity are also evaluated as part of the stock selection process
Provides a core portfolio holding for Australian small companies allocations, which provides the potential to outperform the benchmark index
Low-cost alternative to other funds focused on Australian small companies

Advantages

Performance – aims to outperform the S&P/ASX Small Ordinaries Accumulation Index
Diversification – with a single trade, investors can get exposure to a portfolio of high quality, profitable Australian small companies, providing diversification across industry sectors and individual securities
Portfolio completion – Fund provides access to a portfolio that specifically excludes stocks to which many investors are already exposed
Cost effective – Fund’s management fee significantly lower than most actively managed funds that invest in Australian small companies
Liquidity – available to trade on ASX like any share

How to Invest

You can buy or sell units just like you’d buy or sell any share on the ASX
Fund requires no minimum investment

KEY FACTS

Pricing Information 13 December 2018

Current Price
Last Trade*	$3.01
% Change (prev day)	0%
Bid (delayed)	-
Offer (delayed)	-
iNAV (live)** iNAV stands for Indicative Net Asset Value. It is updated every 60 seconds and provides an estimate of the net asset value of the Fund during the trading day	$2.963

*Data is delayed by at least 20 minutes.

* As at 11 December 2018 04:29 PM

Download NAV history

NAV
NAV/Unit *	$2.96

* As at 11 December 2018

Profile

Net Assets* ($A)	$23,807,535
Units Outstanding* (#)	8,036,055
Mgmt Costs** (% p.a.)	0.39%
Distribution Frequency	Semi-annual
Distribution Reinvestment Plan (DRP)	Full or partial participation available
Issuer	BetaShares Capital
Fund Administrator	RBC Investor Services
Custodian	RBC Investor Services
Registry	Link Market Services
Auditor	KPMG

* As at 11 December 2018

* As of close of previous day
**Certain additional costs apply, including a fee of 15.5% of outperformance above a benchmark.

Trading Information

ASX Code	SMLL
Bloomberg Code	SMLL.AU
IRESS Code	SMLL.ASW
Trading Hours	10.00-16.00 (AEST)
iNAV IRESS Code	SMLL.AX
SMSF Eligible	Yes

Index Information

Index	N/A
Index Provider	N/A
Index Ticker	N/A
Bloomberg Index Ticker	N/A

Portfolio Holdings

Top 10 All

Name	Weight (%)
AUD - Australia Dollar	3.9
CHARTER HALL GROUP	3.1
TPG TELECOM LTD	2.8
INVESTA OFFICE FUND	2.5
JB HI-FI LTD	2.5
AUSNET SERVICES	2.5
BEACH ENERGY LTD	2.5
OZ MINERALS LTD	2.5
FLIGHT CENTRE TRAVEL GROUP LTD	2.4
METCASH LTD	2.3

Ticker	Name	Weight (%)	Asset Class	Sector	Country	Currency	Shares/Unit (#)	Market Value (AUD)	Notional Value (AUD)
AUD	AUD - Australia Dollar	3.9	Cash			AUD	944,152	$944,152	$944,152
CHC AU	CHARTER HALL GROUP	3.1	Equities	Real Estate	Australia	AUD	103,712	$735,318	$735,318
TPM AU	TPG TELECOM LTD	2.8	Equities	Communication Services	Australia	AUD	89,525	$675,914	$675,914
IOF AU	INVESTA OFFICE FUND	2.5	Equities	Real Estate	Australia	AUD	109,605	$611,596	$611,596
JBH AU	JB HI-FI LTD	2.5	Equities	Consumer Discretionary	Australia	AUD	25,994	$608,260	$608,260
AST AU	AUSNET SERVICES	2.5	Equities	Utilities	Australia	AUD	389,852	$608,169	$608,169
BPT AU	BEACH ENERGY LTD	2.5	Equities	Energy	Australia	AUD	363,478	$597,921	$597,921
OZL AU	OZ MINERALS LTD	2.5	Equities	Materials	Australia	AUD	63,954	$590,295	$590,295
FLT AU	FLIGHT CENTRE TRAVEL GROUP LTD	2.4	Equities	Consumer Discretionary	Australia	AUD	11,427	$568,150	$568,150
MTS AU	METCASH LTD	2.3	Equities	Consumer Staples	Australia	AUD	212,739	$559,504	$559,504
WOR AU	WORLEYPARSONS LTD	2.3	Equities	Energy	Australia	AUD	39,738	$556,729	$556,729
MIN AU	MINERAL RESOURCES LTD	2.2	Equities	Materials	Australia	AUD	34,429	$538,470	$538,470
DLX AU	DULUXGROUP LTD	2.2	Equities	Materials	Australia	AUD	77,601	$536,223	$536,223
SDF AU	STEADFAST GROUP LTD	2.2	Equities	Financials	Australia	AUD	191,725	$532,996	$532,996
RWC AU	RELIANCE WORLDWIDE CORP LTD	2.1	Equities	Industrials	Australia	AUD	103,344	$504,319	$504,319
ABC AU	ADELAIDE BRIGHTON LTD	2.0	Equities	Materials	Australia	AUD	88,595	$477,527	$477,527
ALU AU	ALTIUM LTD	2.0	Equities	Information Technology	Australia	AUD	19,894	$474,671	$474,671
IFL AU	IOOF HOLDINGS LTD	2.0	Equities	Financials	Australia	AUD	65,516	$470,405	$470,405
RRL AU	REGIS RESOURCES LTD	1.9	Equities	Materials	Australia	AUD	107,171	$453,333	$453,333
CGC AU	COSTA GROUP HOLDINGS LTD	1.8	Equities	Consumer Staples	Australia	AUD	56,185	$427,006	$427,006
SBM AU	ST BARBARA LTD	1.7	Equities	Materials	Australia	AUD	102,589	$419,589	$419,589
IRE AU	IRESS LTD	1.7	Equities	Information Technology	Australia	AUD	35,517	$410,577	$410,577
SCP AU	SHOPPING CENTRES AUSTRALASIA P	1.7	Equities	Real Estate	Australia	AUD	151,182	$403,656	$403,656
BAP AU	BAPCOR LTD	1.7	Equities	Consumer Discretionary	Australia	AUD	62,688	$401,830	$401,830
SAR AU	SARACEN MINERAL HOLDINGS LTD	1.6	Equities	Materials	Australia	AUD	155,154	$394,091	$394,091
PMV AU	PREMIER INVESTMENTS LTD	1.6	Equities	Consumer Discretionary	Australia	AUD	22,784	$384,138	$384,138
SGM AU	SIMS METAL MANAGEMENT LTD	1.6	Equities	Materials	Australia	AUD	34,156	$383,913	$383,913
IPH AU	IPH LTD	1.6	Equities	Industrials	Australia	AUD	66,463	$378,839	$378,839
PPT AU	PERPETUAL LTD	1.6	Equities	Financials	Australia	AUD	10,384	$378,601	$378,601
CTD AU	CORPORATE TRAVEL MANAGEMENT LT	1.5	Equities	Consumer Discretionary	Australia	AUD	14,762	$363,440	$363,440
MYO AU	MYOB GROUP LTD	1.4	Equities	Information Technology	Australia	AUD	98,662	$346,304	$346,304
CSR AU	CSR LTD	1.3	Equities	Materials	Australia	AUD	106,136	$323,715	$323,715
GEM AU	G8 EDUCATION LTD	1.3	Equities	Consumer Discretionary	Australia	AUD	109,869	$321,916	$321,916
TNE AU	TECHNOLOGY ONE LTD	1.3	Equities	Information Technology	Australia	AUD	49,341	$318,249	$318,249
NUF AU	NUFARM LTD/AUSTRALIA	1.3	Equities	Materials	Australia	AUD	50,138	$314,867	$314,867
WEB AU	WEBJET LTD	1.3	Equities	Consumer Discretionary	Australia	AUD	25,101	$314,265	$314,265
MND AU	MONADELPHOUS GROUP LTD	1.3	Equities	Industrials	Australia	AUD	21,550	$313,984	$313,984
BKW AU	BRICKWORKS LTD	1.2	Equities	Materials	Australia	AUD	17,417	$294,870	$294,870
IVC AU	INVOCARE LTD	1.2	Equities	Consumer Discretionary	Australia	AUD	23,155	$276,702	$276,702
NVT AU	NAVITAS LTD	1.1	Equities	Consumer Discretionary	Australia	AUD	52,294	$268,791	$268,791
CQR AU	CHARTER HALL RETAIL REIT	1.1	Equities	Real Estate	Australia	AUD	56,385	$256,552	$256,552
BGA AU	BEGA CHEESE LTD	1.0	Equities	Consumer Staples	Australia	AUD	40,864	$248,862	$248,862
ARB AU	ARB CORP LTD	1.0	Equities	Consumer Discretionary	Australia	AUD	14,205	$246,315	$246,315
ABP AU	ABACUS PROPERTY GROUP	1.0	Equities	Real Estate	Australia	AUD	75,136	$242,689	$242,689
GUD AU	GUD HOLDINGS LTD	1.0	Equities	Consumer Discretionary	Australia	AUD	19,359	$241,407	$241,407
SFR AU	SANDFIRE RESOURCES NL	0.9	Equities	Materials	Australia	AUD	31,971	$217,723	$217,723
VVR AU	VIVA ENERGY REIT	0.9	Equities	Real Estate	Australia	AUD	100,027	$211,057	$211,057
MMS AU	MCMILLAN SHAKESPEARE LTD	0.9	Equities	Industrials	Australia	AUD	14,704	$210,414	$210,414
CCP AU	CREDIT CORP GROUP LTD	0.9	Equities	Financials	Australia	AUD	10,538	$208,758	$208,758
NEC AU	NINE ENTERTAINMENT CO HOLDINGS	0.9	Equities	Communication Services	Australia	AUD	117,821	$208,543	$208,543
NSR AU	NATIONAL STORAGE REIT	0.8	Equities	Real Estate	Australia	AUD	116,716	$203,669	$203,669
ELD AU	ELDERS LTD	0.8	Equities	Consumer Staples	Australia	AUD	28,991	$198,298	$198,298
NAN AU	NANOSONICS LTD	0.7	Equities	Healthcare	Australia	AUD	56,453	$178,391	$178,391
BRG AU	BREVILLE GROUP LTD	0.7	Equities	Consumer Discretionary	Australia	AUD	15,719	$175,424	$175,424
SDA AU	SPEEDCAST INTERNATIONAL LTD	0.7	Equities	Communication Services	Australia	AUD	45,323	$159,084	$159,084
GXL AU	GREENCROSS LTD	0.6	Equities	Consumer Discretionary	Australia	AUD	25,502	$140,261	$140,261
WSA AU	WESTERN AREAS LTD	0.6	Equities	Materials	Australia	AUD	58,283	$137,548	$137,548
NWH AU	NRW HOLDINGS LTD	0.6	Equities	Industrials	Australia	AUD	68,065	$133,748	$133,748
GWA AU	GWA GROUP LTD	0.5	Equities	Industrials	Australia	AUD	48,346	$129,084	$129,084
BAL AU	BELLAMY'S AUSTRALIA LTD	0.5	Equities	Consumer Staples	Australia	AUD	15,445	$126,649	$126,649
SHV AU	SELECT HARVESTS LTD	0.5	Equities	Consumer Staples	Australia	AUD	18,303	$113,845	$113,845
BWX AU	BWX LTD	0.5	Equities	Consumer Staples	Australia	AUD	33,181	$113,811	$113,811
OML AU	OOH!MEDIA LTD	0.4	Equities	Communication Services	Australia	AUD	24,533	$107,945	$107,945
EHE AU	ESTIA HEALTH LTD	0.4	Equities	Healthcare	Australia	AUD	47,258	$107,276	$107,276
EML AU	EML PAYMENTS LTD	0.4	Equities	Information Technology	Australia	AUD	69,700	$106,990	$106,990
ING AU	INGHAMS GROUP LTD	0.4	Equities	Consumer Staples	Australia	AUD	23,379	$103,803	$103,803
AHG AU	AUTOMOTIVE HOLDINGS GROUP LTD	0.4	Equities	Consumer Discretionary	Australia	AUD	52,390	$88,015	$88,015
ASL AU	AUSDRILL LTD	0.4	Equities	Materials	Australia	AUD	60,181	$84,554	$84,554
VRT AU	VIRTUS HEALTH LTD	0.3	Equities	Healthcare	Australia	AUD	14,978	$74,740	$74,740
REG AU	REGIS HEALTHCARE LTD	0.3	Equities	Healthcare	Australia	AUD	27,012	$72,932	$72,932
IMD AU	IMDEX LTD	0.3	Equities	Materials	Australia	AUD	59,901	$72,480	$72,480
IDR AU	INDUSTRIA REIT	0.3	Equities	Real Estate	Australia	AUD	27,023	$72,422	$72,422
NCK AU	NICK SCALI LTD	0.3	Equities	Consumer Discretionary	Australia	AUD	11,652	$63,037	$63,037
EPW AU	ERM POWER LTD	0.3	Equities	Utilities	Australia	AUD	36,593	$60,927	$60,927
JHC AU	JAPARA HEALTHCARE LTD	0.2	Equities	Healthcare	Australia	AUD	51,373	$60,106	$60,106
SLC AU	SUPERLOOP LTD	0.2	Equities	Communication Services	Australia	AUD	35,448	$59,375	$59,375
AHY AU	ASALEO CARE LTD	0.2	Equities	Consumer Staples	Australia	AUD	87,780	$58,374	$58,374
MLD AU	MACA LTD	0.2	Equities	Materials	Australia	AUD	53,923	$52,305	$52,305
VLW AU	VILLA WORLD LTD	0.2	Equities	Real Estate	Australia	AUD	24,597	$48,948	$48,948
AYS AU	AMAYSIM AUSTRALIA LTD	0.2	Equities	Communication Services	Australia	AUD	35,732	$39,663	$39,663
MNF AU	MNF GROUP LTD	0.2	Equities	Communication Services	Australia	AUD	10,014	$39,355	$39,355
CL1 AU	CLASS LTD	0.1	Equities	Information Technology	Australia	AUD	16,727	$30,443	$30,443
ADH AU	ADAIRS LTD	0.1	Equities	Consumer Discretionary	Australia	AUD	10,684	$20,780	$20,780
KGN AU	KOGAN.COM LTD	0.1	Equities	Consumer Discretionary	Australia	AUD	5,606	$19,285	$19,285
AGI AU	AINSWORTH GAME TECHNOLOGY LTD	0.1	Equities	Consumer Discretionary	Australia	AUD	22,391	$16,569	$16,569
MOC AU	MORTGAGE CHOICE LTD	0.1	Equities	Financials	Australia	AUD	10,112	$12,640	$12,640

Download CSV

* As at 30 November 2018

Sector Allocation

Materials	22.8%
Consumer Discretionary	19.5%
Real Estate	12.3%
Consumer Staples	8.6%
Information Technology	7.2%
Industrials	7.1%
Financials	7.0%
Communication Services	5.7%
Energy	4.7%
Utilities	3.0%
Other	2.1%

* As of 30 November 2018

PERFORMANCE

Fund Returns After Fees (%)

	Fund	S&P/ASX Accum. Small Cap Index
1 month	-0.64%	-0.37%
3 months	-9.61%	-10.25%
6 months	-7.92%	-7.98%
1 year	-3.47%	-1.63%
3 year p.a	-	-
5 year p.a	-	-
Since inception (p.a)	4.26%	7.20%
Inception date	7-Apr-17	-

* As at 30 November 2018

Chart

Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

DISTRIBUTIONS

Yield Information

12 Mth Distribution Yield* (%)	4.1%
12 Mth Gross Distribution Yield* (%)	4.5%
Franking Level	23.2%

Recent Distributions

Ex Date	Record Date	Payment Date	Distribution Unit ($)	Annual Distribution Return (%) (1)
2-Jul-18	3-Jul-18	17-Jul-18	$0.12442	5.53%

ANNOUNCEMENTS

ASX Announcements: SMLL

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RESOURCES

	Factsheet-SMLL	Download
	The Case for SMLL	Download
	Product Disclosure Statement Updates – SMLL	Download
	Product Disclosure Statement - SMLL	Download
	Annual Report - June 2018	Download
	Notice of Modifications to Fund Constitution – AMIT Tax Regime	Download
	2018 Distribution Calendar	Download
	Interim Financial Report	Download

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