Unlocking Potential in Global Small Caps
Warakirri has partnered with US-based ClariVest Asset Management to exclusively provide access to ClariVest’s global small companies strategy for Australian retail and wholesale investors. ClariVest has a long track record of consistently delivering excess returns in the global small companies asset class across market cycles.
Global small caps often represent dynamic and innovative businesses with strong growth potential. The ClariVest Global Small Companies Fund is a new fund designed to uncover these opportunities, combining proprietary quantitative tools and focused fundamental analysis to identify global companies with strong growth potential at compelling valuations.
To learn more about ClariVest’s track record managing global small companies visit ClariVest Global Small Companies.
Investment Objective
The Fund provides investors with access to an actively managed and diversified portfolio of 80 to 160 global small companies.
Integrating proprietary quantitative screening tools with fundamental analysis to identify companies that have been underappreciated by the market.
The investment process seeks to create a diversified portfolio with a discounted P/E multiple relative to what might be expected, given the strength in company fundamentals.
Fund Facts
| Benchmark | MSCI World Small Cap Index in AUD |
| Stock Range | 80 – 160 |
| Turnover | Under 80% |
| Inception Date | 31 July 2025 |
| Fund Size | $13m |
| Distribution Frequency | Semi-Annual |
| Currency | Unhedged |
| APIR Code | WRA6014AU |
| ARSN | 688 722 232 |
Fund Prices & Investment Performance
Net returns as at 31 July 2026
| 1 month % |
3 months % |
FYTD % |
1 year % |
3 years % pa |
Since inception (31/07/2025) % pa |
|
|---|---|---|---|---|---|---|
| Fund | -2.85 | +5.44 | -2.85 | +20.10 | - | +20.10 |
| Benchmark | -3.71 | +5.40 | -3.71 | +15.09 | - | +15.09 |
| Relative Return | +0.86 | +0.04 | +0.86 | +5.01 | - | +5.01 |
The ClariVest Global Small Companies Fund is a new fund.
For since inception performance of the Global Small Companies strategy managed by the underlying manager, ClariVest visit here.
Past performance is not a reliable indicator of future performance. The return of capital is not guaranteed.
|
Current Unit Price |
Month-end Unit Price |
|
|---|---|---|
| Application | $ 1.2054 | $1.1677 |
| Redemption | $ 1.1994 | $1.1619 |
| Distribution Rate | Reinvestment Price | |
|---|---|---|
| 30 June 2026 | $0.03735120 | $1.1990 |
Portfolio Holdings
As at 31 July 2026
| Company Name | Sector | Country | Weighting |
|---|---|---|---|
| SanDisk | Information Technology | United States | 2.1% |
| Centerra Gold | Materials | Canada | 1.4% |
| Sanmina Corp | Information Technology | United States | 1.3% |
| Hudbay Minerals | Materials | Canada | 1.2% |
| Viatris | Heatlh Care | United States | 1.2% |
| Constellium Se | Materials | United States | 1.1% |
| Bper Banca | Financials | Italy | 1.1% |
| Kanematsu Corp | Industrials | Japan | 1.1% |
| DANA | Consumer Discretionary | United States | 1.1% |
| Affiliated Managers Group | Financials | United States | 1.0% |
| Total | 12.6% |
Portfolio holdings are subject to change
As at 31 July 2026
| 20% | Industrials | |
| 17% | Information Technology | |
| 17% | Financials | |
| 10% | Consumer Discretionary | |
| 9% | Health Care | |
| 7% | Materials | |
| 6% | Real Estate | |
| 4% | Consumer Staples | |
| 4% | Energy | |
| 2% | Utilities | |
| 1% | Communication Services | |
As at 31 July 2026
| 65% | United States | |
| 14% | Japan | |
| 7% | Canada | |
| 5% | United Kingdom | |
| 2% | Italy | |
| 1% | Australia | |
| 1% | France | |
| 1% | Germany | |
| 1% | Sweden | |
| 1% | Hong Kong | |
DIRECT INVESTORS - SUBMIT YOUR APPLICATION ONLINE
FINANCIAL ADVISERS - ACCESS THE ONLINE APPLICATIONS MANAGER
Fund Ratings & Platform Availability
| Platform | |
|---|---|
| CFS Edge | |
| Netwealth | |
| Powerwrap | |
| Praemium | |
Learn More About Global Small Companies
To find out more about investing in global small companies and how the Fund’s underlying investment manager, ClariVest, identifies global opportunities with “underappreciated growth” potential, visit our dedicated capabilities page.
You can also learn more in this recent Financial Standard feature interview with Gashi Zengeni, Portfolio Manager, ClariVest Asset Management. In the interview, Gashi explores the powerful potential of underappreciated growth in global small caps and the opportunities for investors in the asset class. Global Small Caps, Big Opportunities – FsITV Product Showcase.
To invest in the ClariVest Global Small Companies Fund, refer to the fund documents below or apply now online.
FAQs
What is the Clarivest Global Small Companies Fund (“Fund”)?
The Fund is an actively managed portfolio of global small companies with growth potential that is focused on capturing the return potential created as investors react inefficiently to shifts in a company’s growth cycle. The Fund aims to achieve returns in excess of the benchmark over the long-term.
Why invest in Global Small Companies?
Global small companies can offer investors access to innovative, fast-growing businesses across diverse international markets and industry sectors, which are often less accessible to investors in Australia.
What is the investment strategy of the Fund?
The approach of the Fund is premised on the belief that the interaction of market cycles with human psychology consistently cause investors to anchor to long term trends and therefore can underappreciate shorter term improving fundamentals. The investment manager believes that the resulting dislocation between company performance and stock price is both identifiable and exploitable and that a diversified portfolio of these “underappreciated growth” ideas – earning growth at a discount – can outperform the Benchmark.
What benchmark is the Fund measured against?
The Fund’s benchmark is the MSCI World Small Cap Index in AUD. This index tracks small-cap stocks across 23 developed market countries across more than 3,800 constituents.
Who is the investment manager?
ClariVest Asset Management LLC (“ClariVest”) is the investment manager of the Fund. ClariVest was founded in San Diego, California in 2006 and is responsible for selecting and managing the investments of the Fund.
Important Legal Information
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned WRA6014AU October 2025) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
The rating issued April 2026 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2026 Lonsec. All rights reserved.
Past performance is not indicative of future performance.
This website is maintained by Warakirri Asset Management Limited (ABN 33 057 529 370) (Australian Financial Services Licence Holder No. 246782) and provides general product information only and does not constitute financial advice as it does not take into account an individual’s personal circumstances and is not an offer or solicitation to enter into an agreement. Investors should not rely on the information on this website and should refer to the Fund’s Product Disclosure Statement (PDS), Additional Information Booklet and TMD, and seek independent advice from their financial adviser. A PDS and TMD for the Fund is available on this website or by calling 1300 927 254. The PDS and TMD should be considered before making an investment decision. Investments entail risks, the value of investments can go down as well as up and investors should be aware they might not get back the full value invested. Portfolio holdings are subject to change.
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