AFM Fund Profile — Regal Australian Small Companies Fund

Fund & Manager Details

Key Facts

Fund Type: Single Discretionary/Quantitative: Discretionary
Strategy: Equity Long/Short FUM (millions): AU$514m
Style: Growth Fund Inception Date: Since 01 February 2015
Geographic Mandate: Australia Latest Return Date: March 2024
Fund Domicile: Australia Investor Type: Wholesale
Status: Open Reporting Status: Current

Manager Details and Fund Description

Manager: Regal Funds Management Total FUM for all funds: AU$2,600m
Manager Overview:
Regal Funds Management is a specialist alternatives investment manager. Founded in 2004, Regal is one of Australia's leading investment managers servicing a wide range of institutional investors, family offices and high net worth individuals.
 Fund/Strategy Overview:
The Regal Australian Small Companies Fund is open only to wholesale investors. Wholesale investors can contact Regal Asset Management for more information on this fund.
Other funds operated by manager:
Regal Amazon Market Neutral Fund, Regal Asian Investments (ASX: RG8), Regal Atlantic Absolute Return Fund, Regal Australian Long Short Equity Fund, Regal Resources Royalties Fund, Regal Tasman Market Neutral Fund

Investment Details

Investment Terms

Minimum Investment: Minimum Additional Investment: Minimum Term: Investment Frequency:
AU$100,000 AU$20,000 Daily
Regular Savings Option: Regular Savings Min. Amount : Regular Savings Max. Amount : Regular Savings Freq.:
No N/A 
Redemption Notice: Redemption Frequency: Notes:
1 Days Daily
Distributions: Distribution Frequency: Last Distribution Date: Last Distribution Amount:
Yes 6 Monthly AU$

Structure

Offshore/Onshore: Fund Structure: Share Classes: Trustee/Responsible Entity:
Onshore Unit Trust AU$ N/A
Administrator: Prime Broker: Custodian: Legal:
HSBC (Unit Registry is BoardRoom Pty Ltd) UBS AG, Credit Suisse AG UBS Nominees Pty Ltd, Credit Suisse AG King & Wood Mallesons

Fund Fees

Management Fee: Performance Fee: High Water Mark: Hurdle:
1% 20% Yes N/A
Buy Spread: Sell spread: Early Redemption Fee: Fees Notes:
0.300% 0.300% No

Performance & Risk

Returns

Latest Return Date: Latest Result: Fund Inception Date: Annualised Return:
March 2024 6.77% 01 February 2015 23.80%
Latest 3 Months: Latest 6 Months: Latest 12 Months: Latest 2 Years p.a.:
9.85% 28.56% 46.52% 10.96%
Latest 3 Years p.a.: Latest 4 Years p.a.: Latest 5 Years p.a.: Latest 7 Years p.a.:
13.05% 36.19% 20.71% 22.10%

Performance Statistics

% Positive Months (S.I.): Average Return: Average +ve Return: Average -ve Return:
70.00% 2.16% 5.63% -5.96%
Best Month: Worst Month: Up Capture Ratio (S.I.): Down Capture Ratio (S.I.):
27.26% -44.61% 307.26% 92.39%
Largest Drawdown (S.I.): Longest Drawdown (S.I.): Current Drawdown (%): Current Drawdown (Months):
-52.54% 23 months 0.00% N/A

Risk

Annualised Standard Deviation (S.I.): Downside Deviation (S.I.): Sortino Ratio (S.I.): -
27.91% 19.19% 1.04 -
Sharpe Ratio (12 months): Sharpe Ratio (3 years): Sharpe Ratio (5 years): Sharpe Ratio (S.I.):
2.21 0.58 0.72 0.87
Please note, Sharpe and Sortino ratios are calculated using the Australian Risk Free Rate

Ranking, Research & Availability

Fund Quintile in its Peer Group (Equity Alternative - Australia) as at March 2024

AFM's Quintile Rankings show performance and Key Performance Indicators (KPI's) of Regal Australian Small Companies Fund compared to a peer group of funds with a similar strategy and geographic mandate. Each green square places a fund in one quintile (or 20%) of its peer group - five indicating that the fund is in the top (best) quintile for the corresponding KPI.

As a reference point the equivalent "quintile" performance of the peer group's underlying market index is also indicated by the red dot.

1 Year
3 Year
5 Year
7 Year
Regal Australian Small Companies Fund
ASX200 Total Return

External Research and Ratings: As reported by each Fund Manager.

Zenith: Recommended, June 2021

Availability:As reported by each Fund Manager.

Available on Investment Platforms:
HUB24, Netwealth, Powerwrap, Asgard, Ausmaq, Praemium

News & Insights

Fund Documents

Product disclosure/IM



Fund Performance

Historical Performance (all figures shown here are net of fees unless otherwise stated)

Year Jan % Feb % Mar % Apr % May % Jun % Jul % Aug % Sep % Oct % Nov % Dec % YTD %
2024 -4.05 7.23 6.77 N/R N/R N/R N/R N/R N/R N/R N/R N/R 9.85
2023 7.36 -6.81 1.58 0.97 1.07 10.57 3.15 -1.52 -0.57 -1.16 7.49 10.15 35.55
2022 -10.95 -6.25 10.70 -0.87 -7.78 -18.23 12.02 2.20 -6.28 2.49 2.25 -1.63 -23.59
2021 4.60 3.14 -1.05 10.76 3.47 1.34 2.18 5.84 0.77 0.04 0.25 0.05 35.57
2020 10.28 -14.32 -44.61 27.26 16.10 3.51 10.89 14.52 4.03 0.08 4.33 5.73 16.73
2019 3.49 16.22 2.64 11.37 4.32 2.32 2.14 11.79 8.57 -3.65 -2.94 3.27 75.70
2018 2.31 1.27 -0.18 0.14 6.92 5.21 -2.17 -1.18 2.74 -11.94 -3.43 -3.51 -5.04
2017 0.18 -3.62 -1.42 -2.01 3.17 1.04 -1.30 3.76 4.97 6.41 4.39 10.43 28.22
2016 -1.87 -7.35 1.67 2.32 7.08 2.80 4.19 1.72 2.11 -9.34 -10.40 -3.17 -11.38
2015 N/R 18.22 2.16 6.02 5.30 -0.98 10.02 2.14 4.02 9.21 11.16 9.46 107.41

Historical Financial Year Performance (all figures shown here are are percentage per month net of fees unless otherwise stated)

Year Jul % Aug % Sep % Oct % Nov % Dec % Jan % Feb % Mar % Apr % May % Jun % FYTD %
2023/2024 3.15 -1.52 -0.57 -1.16 7.49 10.15 -4.05 7.23 6.77 N/A N/A N/A 29.85
2022/2023 12.02 2.20 -6.28 2.49 2.25 -1.63 7.36 -6.81 1.58 0.97 1.07 10.57 26.84
2021/2022 2.18 5.84 0.77 0.04 0.25 0.05 -10.95 -6.25 10.70 -0.87 -7.78 -18.23 -24.46
2020/2021 10.89 14.52 4.03 0.08 4.33 5.73 4.60 3.14 -1.05 10.76 3.47 1.34 80.80
2019/2020 2.14 11.79 8.57 -3.65 -2.94 3.27 10.28 -14.32 -44.61 27.26 16.10 3.51 -4.17
2018/2019 -2.17 -1.18 2.74 -11.94 -3.43 -3.51 3.49 16.22 2.64 11.37 4.32 2.32 19.61
2017/2018 -1.30 3.76 4.97 6.41 4.39 10.43 2.31 1.27 -0.18 0.14 6.92 5.21 53.64
2016/2017 4.19 1.72 2.11 -9.34 -10.40 -3.17 0.18 -3.62 -1.42 -2.01 3.17 1.04 -17.24
2015/2016 10.02 2.14 4.02 9.21 11.16 9.46 -1.87 -7.35 1.67 2.32 7.08 2.80 61.73
2014/2015 N/A N/A N/A N/A N/A N/A N/A 18.22 2.16 6.02 5.30 -0.98 33.51