Australian Shares Fund

Formerly known as the 'Smaller Companies Trust', the fund has a strong history of outperformance for over 20 years

Why choose the Australian Shares Fund?



Australian Ethical has a track record of selecting positive, competitive investments.

Take Advantage Of Global Trends

Take Advantage of Global Trends

The fund invests in growing industries like IT, health services, efficiency, biotechnology and more.

Ethical Approach

Ethical Approach

Every company in this portfolio has passed Australian Ethical’s rigorous positive and negative screening process.



As seen on The Investment Series

In this video, Andy Gracey, portfolio manager of the Australian Shares Fund (Formerly Smaller Companies Trust) at Australian Ethical,
explains the company’s approach to selecting positive, profitable investments.
For more information about the series, see

The Australian Shares Fund in detail

Minimum investment amount
Investment objective

To provide long-term growth focusing on Australian companies that meet the Australian Ethical Charter.


The opportunity to invest in a diversified share portfolio of companies predominately listed on the ASX and selected on the basis of their social, environmental and financial credentials. The Fund utilises an active stock-picking management style with stocks generally selected for growth rather than income, with a bias towards smaller capitalisation stocks listed on the ASX. All stocks are chosen on the basis of relative value where we deem the risks are being adequately priced.

Investors that the Fund may suit

Investors seeking capital growth through an exposure to Australian shares. The Fund is suited to investors that have a longer investment timeframe and a higher risk tolerance.

Risk level

Risk Level - Very High

Very high

Recommended minimum investment timeframe

7 years

Mix of asset classes and strategic asset allocation*
Asset class Australian shares Unlisted shares
Ranges 85 – 100% 0 – 5%
Asset class Cash
Ranges 0 – 15%

* These are indicative asset allocation ranges for the Fund. If market movements, investments into or withdrawals from the Fund or changes in the nature of an investment, cause the Fund to move outside these indicative ranges, this will be addressed by us as soon as reasonably practicable.

Please refer to the Product Disclosure Statement for more detailed information about investing in the Fund.