Small Companies Fund

The Fund targets companies outside the ASX100 with strong growth potential often overlooked by the market.

Fund Overview

Overview

The Datt Small Companies Fund focuses on high-quality, undervalued companies outside the ASX100 with strong fundamentals and long-term growth potential. We apply a disciplined, bottom-up research process to identify scalable businesses that are often underappreciated or less efficiently covered by the broader market.

32.08%

Net Return
Since Inception (p.a)

59.03%

Net Return
Since Inception
‍

2023

Founded
‍

Open

Fund Status
‍

Investment Objective & Strategy

The rules we invest by

Our Philosophy

{01}

Back Future Leaders

Our objective is to identify and invest in the blue-chip companies of tomorrow, small and micro-cap Australian businesses with the potential for long-term, scalable growth.

{02}

Outperform the Index

We aim to exceed the S&P/ASX Small Ordinaries Accumulation Index (XSOA) by 5% per annum over a rolling five-year period through active, high-conviction investing.

{03}

Selective. High Conviction

The Fund holds a concentrated portfolio of 15–25 small-cap equities across various industry sectors, selected purely on risk-adjusted return potential.

{04}

Independent Research

Our process relies on original, primary research to uncover undervalued companies often missed by the broader investment community.

Fund Performance

Performance

As at May 2025, the Datt Small Companies Fund has achieved a net return of 59.03% since inception, placing it in the top decile among Australian small-cap funds. The Fund has consistently outperformed the S&P/ASX Small Ordinaries Accumulation Index (XSOA) and comparable strategies in its category.

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FUND

1 MONTH

3 MONTHS

6 MONTHS

1 YEAR

SINCE INCEPTION (p.a)

SINCE INCEPTION

Small Companies Fund

2.79%

15.03%

21.63%

25.86%

32.08%

59.03%

Benchmark

5.76%

3.83%

2.31%

9.76%

13.84%

24.12%

Net Value

-2.97%

11.20%

19.32%

16.10%

18.24%

34.91%

May 2025

The
Fund

Benchmark

Net Value

1
Month

2.79%

5.76%

-2.97%

3
Months

15.03%

3.83%

11.20%

6 Months

21.63%

2.31%

19.32%

1 Year

25.86%

9.76%

16.10%

Since Inception (p.a)

32.08%

13.84%

18.24%

Since Inception

59.03%

24.12%

34.91%

Disclaimer

The Fund’s benchmark is the S&P/ASX Small Ordinaries Accumulation Index (XSOA).
The Fund commenced in October 2023. Performance is reported net of all fees and expenses and reflects actual returns since inception.
Past performance is not a reliable indicator of future results. Investment is limited to wholesale and sophisticated investors under Australian law.

Key Fun Details

Description

Name

Datt Small Companies Fund

Investment Manager

Datt Capital

Trustee & Fund Administrator:

Fundhost

Custodian

HSBC

Auditors

Ernst & Young

Benchmark

S&P/ ASX Small Ordinaries Accumulation Index (XSOA)

Asset Class

Long-only, ex-ASX100 Australian equities

Leverage

None

Minimum Subscription

$50,000 and only open to investors considered "wholesale investors" under Section s761g of the Corporations Act.

Redemptions

Monthly

Distribution Frequency

Annual

Management Fees

1.54%

Performance Fees

20% above Benchmark

Platform availability

Netwealth and HUB24

APIR

FHT4217AU

The details above are indicative and should be read in conjunction with any Information Memorandum (IM) which may be available upon request.

Get Started

How to Invest?

You can invest in our Absolute Return Fund directly through our secure online application. To get started, simply click below.

Invest Online

This Fund is also available through the following investment platforms:

HUB24 IDPS
Mason Stevens IDPS
Netwealth IDPS

To invest via these platforms, please contact your platform financial adviser. For further information about our Fund offerings, contact our Distribution Manager, Daniel Liptak, via call at 0419 004 524 or via email at daniel@datt.com.au.

FAQs

Who is eligible to invest in the Datt Small Companies Fund?

The Fund is available exclusively to wholesale and sophisticated investors as defined under Australian law. This generally includes individuals with a qualified accountant’s certificate confirming either annual income of $250,000+ for the past two years or net assets of $2.5 million or more.

What types of companies does the Fund invest in?

We invest in small and micro-cap Australian companies across a range of sectors. These businesses typically exhibit founder-led management, capital efficiency, and strong fundamentals, often overlooked by larger institutional funds.

How is the portfolio constructed?

We build a concentrated portfolio of 15 - 25 holdings, focusing on companies where we have a deep, evidence-based understanding of the business model, valuation, and upside potential. We invest across the small-cap lifecycle, from emerging disruptors to mature compounders.

How is research conducted for this fund?

We rely on primary, bottom-up research to assess each company’s fundamentals, industry dynamics, and scalability. This independent approach helps us identify overlooked small-cap opportunities in the Australian market.

What is the minimum investment amount?

The minimum initial investment in the Datt Small Companies Fund is $50,000 for new investors and $5,000 for existing investors. All applicants must be wholesale or sophisticated investors under Australian law, or qualify for a Small Scale Offering exemption if based in Australia or New Zealand.

Want to learn more about our Datt Small Companies Fund?

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