Datt Small Companies Fund Performance – August 2025

Technology and materials drive August gains for the Fund

The Datt Small Companies Fund delivered a net return of 5.50% in August, though it trailed the benchmark given broad strength across the small-cap sector. Technology and materials holdings were the strongest contributors, while detractors were limited to select healthcare positions.

Performance snapshot

• 1 month: +5.50%
• 3 months: +12.97%
• 6 months: +29.95%
• 1 year: +45.27%
• Since inception (p.a): +35.70%
• Since inception (total): +79.66%

Performance reported after all fees and expenses. Inception August 2023. Past performance is not an indicator of future performance.

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.

Download full report here: Datt Small Companies Fund Newsletter - August 2025.

Equity Market Highlights

The S&P/ASX 200 rose more than 3% in August, reaching 9,000 points for the first time. Gains were widespread across industrials, consumer stocks, and banks. Valuations in small caps began to expand, but a material gap with large caps persists, offering potential for disciplined active managers.

Our investment Approach This Month

At month end, the Fund was 73% invested across 21 positions, with the top five holdings representing 36% of the portfolio. We remain conservatively positioned heading into September, historically a seasonally weaker period, while selectively adding to companies with strong business momentum in underappreciated sectors.

About the Fund

The Datt Small Companies Fund invests in high-quality businesses outside the ASX100, targeting companies with strong fundamentals and scalable long-term growth. Launched in 2023, the Fund applies independent, bottom-up research to capture opportunities in under-researched and undervalued areas of the market.

If you want to learn more about the Absolute Return Fund, visit the Fund Page or contact our Head of Distribution, Daniel Liptak, on 0419 004 524 or via email at daniel@datt.com.au.