Ironbark Apis Global Small Companies Fund

Funds

A GLOBAL LONG-ONLY SMALL-CAP STRATEGY THAT OFFERS EXPOSURE TO DIFFERENT, HIGH CONVICTION OPPORTUNITIES ACROSS A RANGE OF INDUSTRIES AND GEOGRAPHIES

The Ironbark Apis Global Small Companies Fund’s objective is to outperform the MSCI ACWI Small Cap Index AUD (after fees) over 5 to 7 years.

Apis Capital conducts their own fundamental, bottom-up, investment research with a borderless approach to stock selection, identifying different, high conviction opportunities to construct a long-only portfolio of global small-cap securities. The strategy’s geographic focus is primarily North America, Asia and Europe and, while generalist in its sector focus, Apis Capital targets globally oriented industries such as technology, healthcare, industrials/cyclicals, and consumer.

Key Benefits

Apis Capital offer a deep understanding of a diverse range of industries, dispersed across multiple sectors and geographies having ‘connected the dots’ globally for nearing two decades.
A highly experienced and stable team of international stock pickers who can leverage an extensive global network of relationships built over 25 years of international investing.
A differentiated portfolio that aims to invest in quality small companies, typically in the earlier stages of their business lifecycle therefore offer the potential for high capital growth.
Replicating the long-only positions of Apis’ long-running global long/short strategy, the Fund benefits from an investment process that’s been refined over 17+ years of global small-cap investing.

Key Risks

Currency risk – the Fund will invest in global securities, which are denominated in foreign currencies that will give rise to foreign currency exposure. This means that the Australian dollar value of these investments will vary depending on changes in the exchange rate.
International investment risk – if the Fund has exposure to international financial products additional risks may apply, including differences between countries relating to accounting, auditing, financial reporting, taxation, government regulation, securities exchanges and transactional procedures and foreign markets may have different levels of liquidity, pricing availability, settlement and clearance procedures.
Small capitalisation investment risk – small capitalisation companies in which the underlying fund is permitted to invest, generally have a lower degree of liquidity and a higher degree of volatility than larger capitalisation securities.

APIR

DAM7739AU
ARSN

656 347 018
Benchmark

MSCI ACWI Small Cap Index AUD
Inception Date*

30 November 2022

Distribution Timetable

Distribution Summary

Unit Registry Information

State Street Australia Ltd
Level 14, 420 George Street
Sydney NSW 2000
Fax: 02 9323 6411

*The Fund’s inception date is from the date the Fund became fully invested in the strategy.

UNIT PRICES AS AT 26 Nov 2025

Application Price

1.6442

Withdrawal Price

1.6343

Download Unit Price & CPU History

Want to learn more?

Call our Client Services team on
1800 034 402 or email us at
Client.Services@ironbarkam.com

Important Information:

This information contains general advice only and is not intended to represent specific investment or personal advice. The information does not take into account an individual’s personal financial circumstances, objectives or needs. Before making an investment decision, you should consider obtaining professional and personal investment advice and should read the current target market determination and offer document before making an investment decision to acquire or to continue to hold units in the Fund. To the extent permitted by law, Ironbark and its representatives are not liable for any loss or damage arising as a result of reliance placed on the contents of this website.

Please see the relevant Target Market Determination (‘TMD’) and Product Disclosure Statement (‘PDS’) for further details. Although the above information is taken from third party sources believed to be accurate, no warranty is given as to its accuracy, completeness or availability.

Performance: Past performance is not an indicator of future performance. Net performance figures are calculated using exit prices, net of fees and reflect the annual reinvestment of distribution. Returns are rounded to two decimal places. Slight variations to actual calculations may occur.

Pricing: For daily priced funds, unit prices are calculated each business day based upon the net value of each fund divided by the number of units on issue in each fund. Unit prices may be delayed following the end of a distribution period or for other reasons.

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Unit Price History