Intelligent Investor Aus Eq Inc Fund (ASX:INIF): Portfolio Positioning, Returns and Distribution Profile

Sonal Goyal

23 August 2026 05:40 AM AEST

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

Intelligent Investor Aus Eq Inc Fund (ASX:INIF) was priced at $2.86 on August 21, 2026, down $0.01, or 0.34%, from the previous close of $2.87.
The fund reported a 3.14% one-month total return and a 6.93% six-month total return, while its three-month return declined 0.24%.
INIF held 22 companies, with BHP Group representing 12.18% of the portfolio and the top 10 holdings accounting for 57.10%.
The fund's June 2026 final distribution was $0.300 per unit, with the ex-date on June 29 and payment made on July 23, 2026.

Intelligent Investor Aus Eq Inc Fund (ASX:INIF) was trading at $2.86 on August 21, 2026, representing a decline of $0.01, or 0.34%, from its previous close of $2.87. The portfolio comprised 22 companies, with 93.80% allocated to stocks and 6.20% held in cash. This compares with the category allocation of 94.72% to stocks and 1.75% to cash, indicating that INIF maintained a somewhat higher cash allocation than the broader Australian large-blend category.

Sector positioning differed materially from the category in several areas. Consumer cyclical companies represented 20.89% of INIF, compared with 7.26% for the category. Communication services accounted for 18.31%, substantially above the category's 4.27%. Financial services represented 13.89%, below the category's 30.61%.

Basic materials comprised 18.76% of the portfolio against 24.81% for the category. Real estate stood at 9.37%, while technology accounted for 8.13%. Healthcare represented 5.24% and energy 5.42%. The portfolio had no reported exposure to industrials or utilities.

Major Holdings and Concentration

BHP Group was INIF's largest holding at 12.18%. CAR Group represented 6.00%, followed by AUB Group at 5.48%, Mineral Resources at 5.40% and New Hope Corporation at 5.08%.

Eagers Automotive accounted for 4.94%, while ResMed's Australian-listed Chess Depository Interest represented 4.91%. BWP Group, Pinnacle Investment Management Group and Lovisa Holdings made up another 4.62%, 4.27% and 4.17%, respectively.

The top 10 holdings collectively represented 57.10% of the fund, leaving 42.89% in the remaining holdings. The reported Turnover ratio was 38.20%, providing an indication that the portfolio had experienced meaningful changes in its holdings over the measurement period.

Geographic Exposure and Distribution

Geographically, Australia accounted for 94.75% of the portfolio, closely aligned with the category's 94.54%. The United States represented the remaining 5.25%, compared with 3.56% for the category.

Distribution data showed a final distribution of $0.300 per unit for June 2026. The ex-distribution date was June 29, 2026, the Record Date was June 30, and payment occurred on July 23. The fund's distribution history supplied for the article also showed payments at several earlier periods, including $0.025, $0.095, $0.028 and $0.024, although individual distributions can vary between periods.

Conclusion

Intelligent Investor Aus Eq Inc Fund (ASX:INIF) presents a predominantly Australian Equity portfolio with meaningful exposure to consumer cyclicals, communication services and basic materials, while maintaining less exposure to financial services than its category. Its recent return figures were mixed, with gains over one and six months but a small decline over three months. The portfolio remained concentrated among its largest holdings, particularly BHP Group, while a 6.20% cash allocation provided a notable difference from the category profile. The June 2026 distribution of $0.300 per unit was also a significant component of the fund's recent distribution record.

FAQs

Q: What is the ticker for Intelligent Investor Aus Eq Inc Fund?

A: The fund trades on the ASX under the tickerINIF.

Q: What was INIF's price on August 21, 2026?

A: INIF was priced at$2.86, down $0.01 or 0.34% from the previous close.

Q: How many companies did INIF hold?

A: The fund had22 companiesin its portfolio, according to the supplied data.

Q: What was INIF's largest holding?

A:BHP Groupwas the largest holding, representing12.18%of the portfolio.

Q: What was the June 2026 distribution?

A: INIF's final June 2026 distribution was$0.300 per unit, with payment made on July 23, 2026.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.