Our Funds

Acorn Capital Investment Fund (ASX:ACQ)

ASX:ACQ Investment Fund

Overview

Invest in an ASX listed investment company that holds positions across both public and private markets, covering a range of industries and stages of development. The investment strategy targets innovative companies that display a sustainable competitive advantage and strong management teams. The Fund also aims to provide a steady, fully franked dividend stream.

Overview

Invest in Australia.

Grow your wealth as you grow Australian innovation.

Overview

Invest in outcomes.

Invest in innovation, growth, efficiency and diversity.

Overview

Every investment has a story.

A diverse portfolio of emerging companies including biotech & fintech, resources & manufacturing.

We research and invest in the most attractive Australian based small and emerging companies.

Current position.

ASX:ACQ

Share Price+

Pre-Tax NTA#

$1.0127

Estimated Dividend Yield*

8.0%

+ 20 minute delay, # As at 30 April 2024, * Estimated as at 30 April 2024.

Investment Strategy

Investor Centre

Board of Directors.

John Steven

(Chairman)

John Steven is a senior partner of the National Capital Markets and Business Unit and Transactions Solutions team of Minter Ellison and until recently was a member of the firm’s Executive Leadership Team and Board. He practices in the corporate and capital markets area, particularly public and private mergers and acquisitions, equity capital markets and government projects. He also has an extensive corporate governance practice. John is on the Advisory Board of various not for profit organisations. He was previously a Board Member of the Monash University Law Foundation. He holds a Bachelor of Laws (with Honours), a Bachelor of Economics and a Diploma of Commercial Law from Monash University.

Judith Smith

(Independent Non-Executive Director)

Prior to undertaking non-executive roles Judith was formerly the Head of Private Equity at IFM Investors and Chair of the IFM Risk Committee. At IFM Judith managed a multi-billion private equity portfolio of domestic and global investments. Prior to her role at IFM, Judith held various investment management roles. Judith holds a Master of Applied Finance from the University of Melbourne and a Bachelor of Economics (with Honours) from Monash University. She is a Fellow of the Financial Services Institute of Australasia and Graduate member of the Australian Institute of Company Directors. Judith is a director of LUCRF, Funds SA and Universal Biosensors Inc. and committee member with the South Australian Venture Capital Fund and Breast Cancer Trials.

David Trude

(Independent Non-Executive Director)

David is a senior banking executive with over 40 years’ experience in a variety of financial services roles in the banking and securities industry. He is Chairman of Waterford Retirement Village, Hansen Technologies Limited and is a member of the board of Chi-X Australia Pty Ltd and MSL Solutions Ltd. He was also formerly Managing Director, Australian Chief Executive Officer/Country Manager of Credit Suisse Australia Ltd. He was a former panel member of the ASX Disciplinary Tribunal and Director of the Stockbrokers Association of Australia. David holds a Bachelor of Commerce from the University of Queensland and is a Master Stockbroker of the Stockbrokers and Financial Advisers Association of Australia and Member of the Australian Institute of Company Directors.

Robert Brown

(Director)

Robert Brown is an emeritus professor of Finance in the Department of Finance, University of Melbourne, where his research has focused on security market behaviour. He holds a Bachelor of Economics (with Honours) and Master of Economics from the University of Sydney and a Graduate Diploma in Accounting from Victoria College. He is a fellow of CPA Australia and a senior fellow of the Financial Services Institute of Australasia.

ASX:ACQ Investment Fund

ABOUT ACQ.

Acorn Capital Investment Fund Limited (ASX: ACQ) is a listed investment company that invests in a diverse portfolio of emerging Australian companies. Through ACQ, investors can support and gain exposure to the innovation and growth characteristics of these emerging Australian businesses.

ACQ invests in Emerging Companies (or Microcaps) which are defined as those with an equity valuation that is below that of the 250th largest ASX company.  Such companies may be either ASX-listed or unlisted and Australian incorporated (or have an Australian nexus).

 

ASX:ACQ Investment Fund

ACQ Snapshot

Benchmark
S&P/Small Ordinaries Accumulation Index
 
MER (ex GST)
0.95% p.a
 
Performance Fee
20% of the portfolio’s cumulative outperformance of as compared to the Benchmark
 
Number of Stocks
Typically 60 to 80
 
Inception Date
May 1st 2014
 
Dividend Frequency
Semi-annual*
 
Dividend Policy
Acorn Capital Investment Fund Limited intends to pay annual dividends targeting at least 5% of closing post-tax NTA for each financial year, franked to the highest extent possible and without the Company incurring a liability. This is subject to the Company having sufficient profit and cash flow to make such payments.

*subject to the availability of sufficient distributable profits and cash considerations.

Investment Strategy

How to invest.

Acorn Capital Investment Fund Limited is traded on the Australian Stock Exchange (ASX:ACQ) and can be bought and sold either via your broker or your financial adviser. Shares in ACQ may also be available through your online broking or wrap platform.

Get in touch today.

For further information

For information about your shareholding

Computershare
P: 1300 850 505
W: www-au.computershare.com/Investor/

For information about the management of ACQ

Acorn Capital Limited
Level 4, 2 Russell Street, Melbourne VIC 3000

Phone: +61 3 9639 0522
Email: info@acorncapital.com.au

IMPORTANT NOTICE
Past performance is not a reliable indicator of future performance. The information in this website is general information only and does not take into account the financial objectives, situation or needs of any particular investor. Before deciding whether to acquire, hold or dispose of a product, an investor should refer to relevant ASX disclosures. Nothing in this website contains a recommendation to buy or dispose of any of the stocks noted. Any examples or information provided in this article are for illustrative and discussion purposes only and do not represent a recommendation or view on future events, and in no way bind the publisher of this website or its related parties.