Intelligent Investor Ethical Share Fund Reports Net Unit Redemption of 367,191 for October 2026

Anjali Anand

04 November 2026 10:15 AM AEDT

Intelligent Investor Ethical Share Fund Reports Net Unit Redemption of 367,191 for October 2026

Image Source: Krish Capital Pty Ltd

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Intelligent Investor Ethical Share Fund – Active ETF (ASX:INES) has disclosed its monthly units on issue notification for the period 1 October 2026 to 31 October 2026, reporting a net reduction of 367,191 units valued at negative $1,179,534 after accounting for redemptions and new issuances during the month.

Key Points

386,360 units valued at $1,240,965 were redeemed during October 2026
19,169 units valued at $61,431 were issued during the same period
Units on issue stood at 18,004,445 as at 31 October 2026, compared with 18,371,636 as at 30 September 2026
Net asset value per unit was $3.3338 as at 31 October 2026, compared with $3.1274 as at 30 September 2026
Net fund assets were $60,022,698 as at 31 October 2026, compared with $57,454,812 as at 30 September 2026

October 2026 Redemptions and Unit Issuances

According to the filing, submitted under ASX AQUA rule 10A.4.1(f) and ASX Operating Rules Procedure 10A.4.1(f), a total of 386,360 units were redeemed during October 2026 at a value of $1,240,965. During the same period, 19,169 units were issued at a value of $61,431. The net difference between redemptions and issuances resulted in a reduction of 367,191 units, representing a value difference of negative $1,179,534. The filing states that all values are exclusive of transaction costs.

Fund Unit and Asset Position as at 31 October 2026

The filing disclosed that total units on issue as at 31 October 2026 were 18,004,445, compared with 18,371,636 units on issue as at 30 September 2026. Net fund assets as at 31 October 2026 were recorded at $60,022,698, against $57,454,812 as at 30 September 2026. The net asset value per unit as at 31 October 2026 was $3.3338, compared with $3.1274 per unit as at 30 September 2026, according to the fund details table included in the filing.

Fund Structure and Responsible Entity

The Intelligent Investor Ethical Share Fund – Active ETF is an active exchange-traded fund. The filing states that the primary objective of the fund is to invest in a portfolio of undervalued stocks chosen on Environmental, Social and Governance (ESG) factors and financial criteria, with the aim of achieving medium to long-term capital growth. InvestSMART Funds Management Limited is the responsible entity for the fund. The monthly notification was signed by Belinda Barnes in her capacity as Company Secretary and is dated 4 November 2026.

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