Fact Sheet
As at March 2024
As at March 2024
NovaPort Wholesale Smaller Companies Fund
APIR: HOW0016AU
Manager Summary
NovaPort Capital is a boutique Australian equities investment manager specialising in small and microcap ASX-listed companies. The company was founded in 2010 by Alex Milton and Sinclair Currie, having previously worked together as co-portfolio managers within Challenger Limited's small companies team. NovaPort is a benchmark unaware, active investment manager.
Strategy Summary
The NovaPort Wholesale Smaller Companies Fund aims to outperform the S&P/ASX Small Ords Accum Index over rolling seven-year periods through the investment in a diversified portfolio of micro-cap Australian companies.
The Fund invests in a diversified portfolio of shares, primarily listed Australian companies with a market capitalisation of generally less than A$250 million at the time they are first acquired on behalf of the Fund.
The Fund invests in a diversified portfolio of shares, primarily listed Australian companies with a market capitalisation of generally less than A$250 million at the time they are first acquired on behalf of the Fund.
Key Terms
| Status: | Open | Inception Date: | Dec 2002 |
| Strategy: | Equity Long | Style: | Blend |
| Geography: | Australia/NZ | Domicile: | Australia |
| Investors: | Wholesale | Min. Investment: | AU$ 10,000 |
| Distributions: | 6 Monthly | Applications: | Daily |
| Fund Size: | AU$ 170.43m | Management Fee: | 0.90% |
| Manager FUM: | Undisclosed | Performance Fee: | 20.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 2.60% | 3.27% | Sharpe1: | 0.68 | 0.40 |
| 1 Year: | 14.41% | 14.45% | Sortino1: | 0.84 | 0.45 |
| 3 Years1,2: | 4.49% | 9.62% | Best Month1: | 15.99% | 10.21% |
| 5 Years1,2: | 5.43% | 9.15% | Worst Month1: | -24.54% | -20.65% |
| Inception1,2: | 13.66% | 8.16% | Volatility1,2: | 15.77% | 13.33% |
| Up-Capture1: | 138% | N/A | Down-Capture1: | 96% | N/A |
Cumulative Returns Fund Index
NovaPort Wholesale Smaller Companies Fund - Cumulative Performance vs ASX 200 Total Return
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Long - Small/Mid Cap - Australia Peer Group (94 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
NovaPort Wholesale Smaller Companies 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.