This fund mainly invests in ASX-listed companies outside the ASX’s top 100 companies by market capitalisation. The portfolio is spread across multiple industry sectors and management styles.

The fund is managed using Fiducian’s unique Manage the Manager system, which aims to deliver superior returns with reduced risk. Underlying investment funds from four different managers make up the Fiducian Australian Smaller Company Shares Fund.

The fund aims to exceed its benchmark (after fees) over rolling three-year periods.

This fund may suit long-term investors who want to diversify their portfolio with exposure to smaller companies, which can offer better growth opportunities than large companies and perform differently at different stages of the business cycle. However, small company shares tend to be more volatile and can even be difficult to buy and sell at times.