Fact Sheet
As at March 2024
As at March 2024
Lennox Australian Microcap Fund
APIR: HOW1289AU
Manager Summary
Lennox is an active, boutique equities investment manager based in Sydney and majority owned by its Principals and Portfolio Managers. Lennox invests with a fundamental, bottom-up focus specialising in small and microcap companies. Lennox's philosophy and process capitalises on the inefficiencies in the small and microcap segment of the market, aiming to identify at an early stage those companies who are the beneficiaries of change.
Strategy Summary
The Lennox Australian Microcap Fund was launched in January 2018. It is an actively managed, style-agnostic portfolio that invests in a broad range of microcap equities. The Fund's objective is to identify companies with compelling medium term valuations that Lennox believe will not disappoint the market.
Key Terms
| Status: | Open | Inception Date: | Jan 2018 |
| Strategy: | Equity Long | Style: | Growth |
| Geography: | Australia/NZ | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 10,000 |
| Distributions: | 6 Monthly | Applications: | Daily |
| Fund Size: | AU$ 35.3m | Management Fee: | 1.30% |
| Manager FUM: | AU$ 1,119m | Performance Fee: | 20.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 4.08% | 4.79% | Sharpe1: | 0.40 | 0.27 |
| 1 Year: | 25.08% | 13.83% | Sortino1: | 0.41 | 0.23 |
| 3 Years1,2: | -0.72% | 2.71% | Best Month1: | 22.23% | 14.27% |
| 5 Years1,2: | 11.47% | 5.42% | Worst Month1: | -28.25% | -22.38% |
| Inception1,2: | 8.42% | 4.94% | Volatility1,2: | 23.48% | 19.51% |
| Up-Capture1: | 105% | N/A | Down-Capture1: | 94% | N/A |
Cumulative Returns Fund Index
Lennox Australian Microcap Fund - Cumulative Performance vs ASX Small Ordinaries Total Return Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Long - Small/Mid Cap - Australia Peer Group (96 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Lennox Australian Microcap Fund
ASX200 Total Return
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.