ASX:ACQ Investment Fund
Overview
Invest in an ASX listed investment company that holds positions across both public and private markets, covering a range of industries and stages of development. The investment strategy targets innovative companies that display a sustainable competitive advantage and strong management teams. The Fund also aims to provide a steady, fully franked dividend stream.
Overview
Every investment has a story.
A diverse portfolio of emerging companies including biotech & fintech, resources & manufacturing.
We research and invest in the most attractive Australian based small and emerging companies.
Current position.
ASX:ACQ
Share Price+
Pre-Tax NTA#
1.1021
Estimated Dividend Yield*
8.0%
+ 20 minute delay, # As at 31 October 2024, * Estimated as at 31 October 2024.
Investment Strategy
Investor Centre
Access information about your holding in the Acorn Capital Investment Fund through the Fund’s share registry Computershare.
Computershare provides access to:
- Your current holding and balance
- Your distribution payment instructions
- Annual and Mid-Year Report election instructions
- Electronic communication instructions
- Whether or not your Tax File Number or Australian Business Number has been recorded
Computershare can be contacted on 1300 850 505.
The Acorn Capital Investment Fund Dividend Reinvestment Plan (DRP) is a convenient way for you to increase your holding of shares in the Acorn Capital Investment Fund by reinvesting all or part of your interim or final cash dividend entitlements in additional ordinary shares.
Refer to the Dividend Reinvestment Plan Rules for more information.
Acorn Capital Investment Fund is committed to high standards of corporate governance. The Fund has in place a range of policies and procedures to guide personnel involved in the management and operation of the Fund.
Further information on the Fund’s corporate governance practices are available below.
Charters
- Audit Committee Charter (24 April 2014)
- Board Charter (24 April 2014)
- Nomination and Remuneration Committee (24 April 2014)
Policies
- Code of Conduct (24 April 2014)
- Continuous Disclosure Policy (24 April 2014)
- Diversity Policy (24 April 2014)
- Securities Trading Policy (24 April 2014)
- Shareholder Communication Policy (24 April 2014)
Policies (of the Fund Manager)
- Whistleblower Protection Policy (June 2023)
- Anti-Bribery and Corruption Policy (July 2024)
Investor Centre Menu
Board of Directors.
John Steven
(Independent Chairman)
John Steven is a senior partner of the National Capital Markets and Business Unit and Transactions Solutions team of Minter Ellison and until recently was a member of the firm’s Executive Leadership Team and Board. He practices in the corporate and capital markets area, particularly public and private mergers and acquisitions, equity capital markets and government projects. He also has an extensive corporate governance practice. John is on the Advisory Board of various not for profit organisations. He was previously a Board Member of the Monash University Law Foundation. He holds a Bachelor of Laws (with Honours), a Bachelor of Economics and a Diploma of Commercial Law from Monash University. John was appointed to the board in April 2014.
Maureen Baker
(Non-Executive Director)
Maureen is a senior capital markets professional with over 25 years’ experience in a variety of financial services roles in the investment banking and securities industry. Maureen commenced her career at JB Were (now Goldman Sachs) before moving to Deutsche Bank where she was Head of Regional Equity Sales in Hong Kong covering Asia Pacific markets and investors. She then moved to CLSA as Managing Director of Australian Sales before coming back to Australia to work in Investment Banking/ECM roles. Maureen holds a Bachelor of Commerce from the University of Melbourne and an MBA from Melbourne Business School. She is a member of the Australian Institute of Company Directors. Maureen was appointed to the board in August 2024.
Clark Morgan
(Non-Executive Director)
Clark began his career as a practicing solicitor, but turned his focus to finance and investment banking, initially at McIntosh Securities (which subsequently became Merrill Lynch). Clark was a member of the Executive Boards of both McIntosh Securities and Merrill Lynch Australia. Following 17 years at McIntosh / Merrill Lynch, Clark joined UBS Wealth Management in 2001, where he spent 15 years in roles including Managing Director, CEO and Vice Chairman. He was part of the small executive cohort who led the MBO of UBS Wealth Management in 2016 and the subsequent sale of the firm to LGT in 2022. Clark retired from LGT Crestone in 2023. He holds a Bachelor of Economics and Bachelor of Laws from Monash University. Clark was appointed to the board in August 2024.
Robert Brown
(non-executive Director)
Robert Brown is an emeritus professor of Finance in the Department of Finance, University of Melbourne, where his research has focused on security market behaviour. He holds a Bachelor of Economics (with Honours) and Master of Economics from the University of Sydney and a Graduate Diploma in Accounting from Victoria College. He is a fellow of CPA Australia and a senior fellow of the Financial Services Institute of Australasia. Robert was appointed to the board in April 2014.
ASX:ACQ Investment Fund
ABOUT ACQ.
Acorn Capital Investment Fund Limited (ASX: ACQ) is a listed investment company that invests in a diverse portfolio of emerging Australian companies. Through ACQ, investors can support and gain exposure to the innovation and growth characteristics of these emerging Australian businesses.
ACQ invests in Emerging Companies (or Microcaps) which are defined as those with an equity valuation that is below that of the 250th largest ASX company. Such companies may be either ASX-listed or unlisted and Australian incorporated (or have an Australian nexus).
ASX:ACQ Investment Fund
ACQ Snapshot
S&P/Small Ordinaries Accumulation Index
0.95% p.a
20% of the portfolio’s cumulative outperformance of as compared to the Benchmark
Typically 60 to 80
May 1st 2014
Semi-annual*
Acorn Capital Investment Fund Limited intends to pay annual dividends targeting at least 5% of closing post-tax NTA for each financial year, franked to the highest extent possible and without the Company incurring a liability. This is subject to the Company having sufficient profit and cash flow to make such payments.
*subject to the availability of sufficient distributable profits and cash considerations.
Investment Strategy
How to invest.
Acorn Capital Investment Fund Limited is traded on the Australian Stock Exchange (ASX:ACQ) and can be bought and sold either via your broker or your financial adviser. Shares in ACQ may also be available through your online broking or wrap platform.
Get in touch today.
For further information
For information about your shareholding
Computershare
P: 1300 850 505
W: www-au.computershare.com/Investor/
For information about the management of ACQ
Acorn Capital Limited
Level 4, 2 Russell Street, Melbourne VIC 3000
Phone: +61 3 9639 0522
Email: info@acorncapital.com.au
IMPORTANT NOTICE
Past performance is not a reliable indicator of future performance. The information in this website is general information only and does not take into account the financial objectives, situation or needs of any particular investor. Before deciding whether to acquire, hold or dispose of a product, an investor should refer to relevant ASX disclosures. Nothing in this website contains a recommendation to buy or dispose of any of the stocks noted. Any examples or information provided in this article are for illustrative and discussion purposes only and do not represent a recommendation or view on future events, and in no way bind the publisher of this website or its related parties.
