Fund Overview

The Ellerston Mid Cap Opportunities Fund is made up of a portfolio of between 25-40 medium capitalisation companies we’ve identified as being the leaders in their respective industries.

The Fund adopts a unique investment process that aims to produce consistent returns over time.

Attractive risk/reward: an exposure to genuine mid cap market (note: portfolio has a typical average market cap of AUD$3.5bn) gives investors access to attractive growth opportunities which can provide a source of uncorrelated returns throughout different market environments.
Under-researched: Mid cap securities tend to have lower levels of broker coverage compared with their large cap peers, which leads to an information asymmetry that can be leveraged by those willing to undertake fundamental research.
Diversification: Mid cap securities help to diversify a portfolio. The larger end of the Australian stock market is highly concentrated and dominated by particular sectors (i.e. Financials and Materials); mid cap securities can provide diversification in a variety of other sectors.

The Fund employs an active, research-driven investment approach that seeks to identify a portfolio of Mid Cap companies with the aim of delivering superior returns to the Benchmark over time.

The Fund will invest in companies that are believed to have the potential to deliver significant upside over the medium term and where there is a reasonable margin of safety to mitigate the downside risk. We will actively manage the positions of the Fund.

Investments will generally be made in companies that have a sound business franchise with an attractive earnings profile, that operate in growth industries and trade at a discount to valuation.

Ellerston Australian Mid Cap Opportunities Fund is available on the following platforms:

Praemium

Unit Prices

Download historical prices

Date:

26/05/2025

Fund:

Ellerston Mid Cap Opportunities Fund

Application:

1.0165

NAV:

1.0140

Redemption:

1.0115

Frequency:

Daily

Fund Performance
Performance Graph

As at 30/04/2025	1 Month	3 Months	6 Months	1 Year	3 Years p.a.	Since Inception
Portfolio Return	2.67%	-4.77%	–	–	–	-4.77%
Benchmark Return	2.61%	-4.73%	–	–	–	-4.73%
Excess Return (Benchmark Relative)	0.06%	-0.04%	–	–	–	-0.04%

Disclaimer

The performance figures are net of taxes, fees and expenses and assuming distributions are reinvested. The Benchmark is 50% of the S&P/ASX Mid Cap 50 Total Return Index and 50% of the S&P/ASX Small Ordinaries Total Return Index.

*Since inception is 31 January 2025. Past performance is not a reliable indicator of future performance, nor a promise of future returns.

The performance figures presented are for the Ellerston Mid Cap Opportunities Fund (ARSN 683 124 263). The one month return figure may be an estimate and not the final return. This estimate also impacts other performance information provided. Estimated performance figures (where indicated) are preliminary and subject to change. Returns for other classes may differ slightly. Past performance is not indicative of future performance. Ellerston Capital Limited ABN 34 110 397 674 AFSL 283 000 is the responsible entity for the Ellerston Mid Cap Opportunities Fund (ARSN 683 124 263). The information supplied above has been prepared by Ellerston Capital Limited without taking account of the objectives, financial situation or needs of investors. Before making an investment decision about any Fund persons should obtain advice from an appropriate financial adviser, consider their own individual circumstances and obtain a copy of the relevant Product Disclosure Statement for the Fund which is available on this website. This material has been prepared based on information believed to be accurate at the time of publication. Assumptions and estimates may have been made which may prove not to be accurate. Ellerston Capital undertakes no responsibility to correct any such inaccuracy. Subsequent changes in circumstances may occur at any time and may impact the accuracy of the information. To the full extent permitted by law, none of Ellerston Capital Limited, or any member of the Ellerston Capital Limited Group of companies makes any warranty as to the accuracy or completeness of the information in this website and disclaims all liability that may arise due to any information contained in this website being inaccurate, unreliable or incomplete.