Savana US Small Caps Active ETF

Small cap companies are one of the least-researched corners of the world's largest share market. Many companies are followed by only a handful of analysts, and some by none at all. When fewer investors are looking, prices are more likely to drift away from underlying fair value.

Savana's US Small Caps Active ETF is built to find those gaps. It holds a concentrated portfolio of 30 to 50 US small- and mid-cap companies selected by Savana's systematic, rules-based valuation process, and aims to outperform the S&P Small Cap 600 Total Return Index (AUD) after fees over the medium to long term.

As at 31 August 2026, the portfolio traded on a trailing P/E of 6.6x versus 29.6x for the benchmark, with a dividend yield of 3.1 per cent versus 1.5 per cent. Since inception on 6 November 2024, SVNP has returned 16.34 per cent p.a. after fees versus 5.30 per cent p.a. for the benchmark. The fund charges a 1.00% management fee and a 15% performance fee subject to a high watermark.

Savana Asset Management is a Sydney-based active ETF manager that runs a range of systematic, science-led investment strategies. Its approach draws on Collective Intelligence research: rather than relying on one perspective, Savana combines many independent valuation models into a single valuation score for around 60,000 listed companies worldwide.

The business runs on a fully automated, cloud-based data platform, supported by Savvy, Savana's AI operating system for research, reporting and operations. Every portfolio is reviewed and signed off by Savana's Investment Committee before implementing.

SVNP is Savana's flagship fund. Units are issued by K2 Asset Management Ltd as Responsible Entity. Savana plans to add further strategies to its active ETF range soon.