How to buy Acorn Capital Investment Fund shares | A$1.2

Acorn Capital Investment Fund Limited is an asset management business based in Australia. Acorn Capital Investment Fund shares (ACQ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.2 – a decrease of 2.44% over the previous week. Acorn Capital Investment Fund has a trailing 12-month revenue of around $5 million.

How to buy shares in Acorn Capital Investment Fund

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Acorn Capital Investment Fund. Find the share by name or ticker symbol: ACQ. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Acorn Capital Investment Fund reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $1.2, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Acorn Capital Investment Fund. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Acorn Capital Investment Fund's share price?

Since the stock market crash in March caused by coronavirus, Acorn Capital Investment Fund's share price has had significant positive movement.

Its last market close was $1.2, which is 0.83% up on its pre-crash value of $1.19 and 60.00% up on the lowest point reached during the March crash when the shares fell as low as $0.75.

If you had bought $1,000 worth of Acorn Capital Investment Fund shares at the start of February 2020, those shares would have been worth $643.78 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,030.04.

Acorn Capital Investment Fund share price

Use our graph to track the performance of ACQ stocks over time.

Acorn Capital Investment Fund shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$1.2
52-week range	AUDA$0.75 - AUDA$1.28
50-day moving average	AUDA$1.1815
200-day moving average	AUDA$0.9737
Target price	AUDA$0.94
PE ratio	33.2898
Dividend yield	AUDA$0.07 (6.1%)
Earnings per share (TTM)	AUDA$0.038

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Acorn Capital Investment Fund stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Acorn Capital Investment Fund Limited by TradingView

Acorn Capital Investment Fund price performance over time

Historical closes compared with the close of A$1.2 on 2020-09-29

1 week (2020-09-24)	-3.61%
1 month (2020-09-01)	1.69%
3 months (2020-07-01)	30.43%
6 months (2020-04-01)	37.14%

1 year (2019-10-01)	11.11%
2 years (2018-10-01)	-4.38%
3 years (2017-09-29)	23.71%
5 years (2015-10-01)	65.52%

Is Acorn Capital Investment Fund under- or over-valued?

Valuing Acorn Capital Investment Fund stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Acorn Capital Investment Fund's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Acorn Capital Investment Fund's P/E ratio

Acorn Capital Investment Fund's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Acorn Capital Investment Fund shares trade at around 33x recent earnings.

That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).

Acorn Capital Investment Fund financials

Revenue TTM	$5 million
Operating margin TTM	55.1%
Gross profit TTM	$5 million
Return on assets TTM	2.63%
Return on equity TTM	3.29%
Profit margin	41%
Book value	1.144
Market capitalisation	$66 million

TTM: trailing 12 months

Acorn Capital Investment Fund share dividends

Dividend payout ratio: 189.29% of net profits

Recently Acorn Capital Investment Fund has paid out, on average, around 189.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.1% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Acorn Capital Investment Fund shareholders could enjoy a 6.1% return on their shares, in the form of dividend payments. In Acorn Capital Investment Fund's case, that would currently equate to about A$0.07 per share.

Acorn Capital Investment Fund's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 11 November 2020 (the "ex-dividend date").

Have Acorn Capital Investment Fund's shares ever split?

Acorn Capital Investment Fund's shares were split on a 4:3 basis on 11 August 2019. So if you had owned 3 shares the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Acorn Capital Investment Fund shares – just the quantity. However, indirectly, the new 25% lower share price could have impacted the market appetite for Acorn Capital Investment Fund shares which in turn could have impacted Acorn Capital Investment Fund's share price.

Acorn Capital Investment Fund share price volatility

Over the last 12 months, Acorn Capital Investment Fund's shares have ranged in value from as little as $0.75 up to $1.28. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Acorn Capital Investment Fund's is 0.9048. This would suggest that Acorn Capital Investment Fund's shares are less volatile than average (for this exchange).

Acorn Capital Investment Fund overview

Acorn Capital Investment Fund Limited is an open ended equity mutual fund launched and managed by Acorn Capital Limited. The fund invests in public equity markets of Australia. It invests in the listed and unlisted microcap companies. The fund benchmarks its performance against S&P/ASX Small Ordinaries Accumulation Index. It invests in the companies operating across diversified sectors. Acorn Capital Investment Fund Limited was launched in 2014 and is domiciled in Australia.

Frequently asked questions

• What percentage of Acorn Capital Investment Fund is owned by insiders or institutions?

  Currently 20.996% of Acorn Capital Investment Fund shares are held by insiders and 13.894% by institutions.

• When does the fiscal year end for Acorn Capital Investment Fund?

  Acorn Capital Investment Fund's fiscal year ends in June.

• Where is Acorn Capital Investment Fund based?

  Acorn Capital Investment Fund's address is: Level 12, Melbourne, VIC, Australia, 3000