IMLC
Actively managedAustralian SharesIML Concentrated Australian Share Fund - Active ETF
About this ETF
The Fund aims to outperform the S&P/ASX 300 Accumulation Index (after fees and expenses and before taxes) on a rolling four-year basis.
IssuerIML
Management fee (MER)0.99% p.a.
Inception date1 Aug 2023
BenchmarkS&P/ASX 300 TR
Scout Score
25/100
Ranked #23 of 23 in active Australian SharesAn independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.
Cost14
Diversification—
Liquidity37
Fund Strength22
Performance—
Income50
Strengths
No standout strengths relative to category peers.
Weaknesses
- Higher fee — 0.99% p.a., more expensive than 86% of active Australian Shares funds.
- Small fund — $1M in assets, smaller than 78% of active Australian Shares funds, which can mean wider spreads.