Key Highlights

  • The fund invests in mid and small cap Australian companies outside the S&P/ASX 20 index, following a growth-oriented approach.
  • Technology is the largest sector at 30.53 percent, compared with 17.13 percent for the category.
  • Healthcare accounts for 20.21 percent of the portfolio, against 11.80 percent for the category.
  • Management fees and costs are 0.75 percent, and the portfolio holds 30 companies.

The First Sentier Ex-20 Australian Share Active ETF (ASX:XX20) invests in mid and small cap Australian companies drawn from the S&P/ASX 300, excluding the constituents of the S&P/ASX 20 index. On 4 November 2026 the units were quoted at $1.24, unchanged from the previous close, with 125,000 units traded. The fund was admitted on 3 December 2025 and sits in the Equity Australia Mid/Small Growth category.

Fund detail

Information

Ticker

ASX:XX20

Benchmark

S&P/ASX 300 ex S&P/ASX 20 TR Index

Category

Equity Australia Mid/Small Growth

Admitted

3 December 2025

Management fees and costs

0.75%

Fund size

Not reported on the listing

Turnover ratio

Not reported on the listing

Total fund holdings

30 companies

Last price (4 November 2026)

$1.24

ISIN

AU60PIM19250

Mandate and Investment style

The fund's strategy is to invest in mid and small cap companies that the investment manager believes have growth characteristics and returns on capital. Diversifying away from the largest financials and resources companies is part of the mandate.

The listing shows 98.93 percent in shares and 1.07 percent in cash. Market Capitalisation data places 90.78 percent of holdings above one billion dollars, with 9.20 percent between $500 million and $1 billion.

Sector and country weighting

Technology is the largest sector at 30.53 percent, against 17.13 percent for the category. Healthcare is 20.21 percent against 11.80 percent, and communication services 7.70 percent against 5.06 percent.

Basic materials are 14.26 percent against 20.27 percent, and consumer cyclical 5.12 percent against 13.80 percent. The United States accounts for 13.86 percent of geographic exposure.

Largest holdings and trading

Pro Medicus leads at 8.13 percent, followed by Megaport at 6.30 percent and ResMed CDI at 5.47 percent. WiseTech Global, AUB Group, HUB24, Qantas, REA Group, Xero and Newmont complete the top ten.

The top ten make up 53.18 percent of the fund, and 125,000 units were traded on the listing.

Final Word

The fund's profile is concentrated in technology and healthcare, with a higher exposure to offshore companies than the Australian category average. Its 0.75 percent fee is the main cost figure on the listing, and the fund size is not yet populated on the page.