Active Selection: What Spheria Australian Smaller Companies ETF (ASX:SPHX) Sets Out to Do

Sonal Goyal

28 October 2026 12:31 PM AEDT

Active Selection: What Spheria Australian Smaller Companies ETF (ASX:SPHX) Sets Out to Do

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Key Highlights

Spheria Australian Smaller Companies Active ETF (ASX:SPHX) aims to outperform the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term.
The fund was admitted to the ASX on 15 April 2026 and is categorised as Equity Australia Mid/Small Blend.
The fund has a fund size of $1.75 million.

As of 27 October, Spheria Australian Smaller Companies Active ETF (ASX:SPHX) has $1.75 million in assets and aims to outperform the S&P/ASX Small Ordinaries Accumulation Index. It was admitted on 15 April 2026 and sits in the Equity Australia Mid/Small Blend category.

Key Fact	Detail
Fund	Spheria Australian Smaller Companies Active ETF
ASX code	SPHX
Issuer	Spheria (Pinnacle Investment Management)
Category	Equity Australia Mid/Small Blend
Benchmark	S&P/ASX Small Ordinaries Acc
ISIN	AU0000459356
Admitted to the ASX	15 April 2026
Fund size	$1.75 million
Management fee	Not disclosed
Holdings	Not disclosed
Latest distribution	Final, $0.202 per unit (ex-date 1 Jul 2026; payment 13 Jul 2026)

An Active Mandate

Unlike index funds, SPHX's holdings are chosen by its investment manager rather than set by a benchmark, and its objective is to beat the Small Ordinaries Accumulation Index over the medium to long term. The category invests primarily in small- to mid-sized Australian companies, defined as stocks in the bottom 30% of the market by capitalisation.

Reporting Rhythm

The fund lodges monthly investment updates and monthly units on issue and movements reports. The August 2026 update was lodged on 15 September, the annual report on 22 September and the September 2026 update on 15 October 2026. Its head office is a Pinnacle Investment Management address in Brisbane.

Payment Timetable

Final distribution details: $0.202 per unit, ex-date 1 July 2026, record date 2 July 2026, payment date 13 July 2026.

Announcements to Note

Lodgements with the ASX have included a September 2026 investment update on 15 October 2026, an August 2026 investment update on 15 September, an annual report on 22 September and a units on issue and movements report for September 2026 on 7 October.

Where the Fund Sits

Spheria Australian Smaller Companies Active ETF is classified as Equity Australia Mid/Small Blend. Funds in this category invest primarily in small- to mid-sized Australian companies, defined as stocks in the bottom 30% of the capitalisation of the Australian equities market. The blend style applies where neither growth- nor value-characterised stocks predominate.

Index and Track Record Length

The fund is relatively new, having been admitted to the ASX on 15 April 2026. Its stated benchmark is the S&P/ASX Small Ordinaries Acc index, and the issuer is Spheria (Pinnacle Investment Management) (ISIN AU0000459356).

What the Dates Mean

Three dates matter for each distribution: the ex-date, after which new buyers do not qualify for the payment; the record date, when entitlements are set from the register; and the payment date, when the money is paid.

Wrapping Up

SPHX is a small, recently listed active fund targeting Australian smaller companies. The latest distribution was a final payment of $0.202 per unit on 13 July 2026.

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