Ausbil Global Smallcap Fund - Active ETF (GSCF) Review & Analysis

New ETF

MER · #487 of 514AUM · #272 of 508

What's new this monthData to 30 September 2026

+0.4% in September (total return), ahead of the median international shares ETF at +0.0%.
Investors withdrew a net $4.3m (-3.6% of the fund).
The unit price closed the month at $17.70, 9% below its 12-month high (range $16.21 to $19.35).

About GSCF

GSCF is an international shares ETF from Ausbil, listed on the ASX since October 2025. With $115m under management it is number 136 of 254 international shares ETFs by size. The management fee is 1.20% a year, about $120 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

It is too new to have a full year of performance.

GSCF distributions and dividend dates

GSCF pays distributions yearly, usually going ex-distribution in July, with payment about 13 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $0.534 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 14 July 2026. To receive it you need to own GSCF before the ex-date.

Its distribution yield over the past 12 months is about 3.4%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare GSCF Check overlap Ausbil website ↗

Compare GSCF with

GSCFvsGHIF

Ausbil Global Essential Infrastructure Fund (Hedged) – Active ETF

Fee	1.20%	1.00%
1 year	–	–
5 yrs p.a.	–	–
Size	$115m	$274m

Same holdingsNo holdings data

Full comparison →

GSCFvsVGS

Vanguard MSCI Index International Shares ETF

Fee	1.20%	0.18%
1 year	–	+10.1%
5 yrs p.a.	–	+11.8%
Size	$115m	$18.7bn

Same holdingsNo holdings data

Full comparison →

GSCFvsIVV

iShares S&P 500 ETF

Fee	1.20%	0.04%
1 year	–	+10.1%
5 yrs p.a.	–	+13.4%
Size	$115m	$14.9bn

Same holdingsNo holdings data

Full comparison →

GSCFvsNDQ

Betashares Nasdaq 100 ETF

Fee	1.20%	0.48%
1 year	–	+16.6%
5 yrs p.a.	–	+15.3%
Size	$115m	$9.5bn

Same holdingsNo holdings data

Full comparison →

GSCF price by TradingView

Stock Code	GSCF
Fund Manager	Ausbil
Asset Class	International shares
AUM	$115m
MER (%)	1.20%
Net flows (Sep)	−$4.3m
Last Price	$17.70
52-Week Range	$16.21 – $19.35
Bid/Ask Spread	0.62%
Listing Date	13/10/2025
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	Ausbil ↗

Performance (% return)

1 month+0.4%

1 year–

3 years p.a.–

5 years p.a.–

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

GSCF at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Higher fee. At 1.20% a year it costs more than 91% of international shares ETFs (median 0.55%), or about $65 a year more on every $10,000.
Money is flowing out. Investors withdrew a net $4.3m in September (4% of the fund).
Wider trading spread. 0.62% between the buy and sell price. Use a limit order.
Short track record. Listed in October 2025, so it hasn't been tested through a full market cycle.
In a downtrend. Its price has been trending down since 27 October (as at 7 November).

Worked out from GSCF's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Downtrend since 27 Oct 2026

GSCF is in a downtrend. Here's why that matters.

GSCF's price is below its 20-day average and its averages are stacked downward.

Why it matters: Downtrends can run for months, and that is where most big losses happen. For satellite holdings, waiting in cash until the trend turns has often been the better choice.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

GSCF weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Global

Themes & Sectors

Active ETFs

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
GHIF	Ausbil Global Essential Infrastructure Fund (Hedged) – Active ETF Currency hedged	–	1.00%	$274m	–	–	–
VGS	Vanguard MSCI Index International Shares ETF	–	0.18%	$18.7bn	+10.1%	+17.9%	+11.8%
IVV	iShares S&P 500 ETF	–	0.04%	$14.9bn	+10.1%	+19.2%	+13.4%
NDQ	Betashares Nasdaq 100 ETF	–	0.48%	$9.5bn	+16.6%	+23.8%	+15.3%
QUAL	VanEck MSCI International Quality ETF	–	0.40%	$9.2bn	+10.1%	+16.1%	+11.4%
VGAD	Vanguard MSCI Index International Shares (Hedged) ETF Currency hedged	–	0.21%	$7.9bn	+17.1%	+19.8%	+10.8%

Same holdings is the share of GSCF's money in companies the other ETF also holds, weighted by size. No other ETF shares much with GSCF, so these are ETFs in the same category. See every ETF like GSCF →

GSCF vs its closest alternatives

What actually differs between GSCF and the ETFs most like it. Data to 30 Sep 2026.

GHIF Ausbil Global Essential Infrastructure Fund (Hedged) – Active ETF

GHIF is cheaper (1.00% vs 1.20%), worth about $11,888 on $100,000 over 20 years.
GHIF is about 2 times larger ($274m vs $115m), which usually means tighter trading spreads.
Different structure: GSCF is actively managed, GHIF is currency hedged.

Compare GSCF and GHIF side by side →

VGS Vanguard MSCI Index International Shares ETF

VGS is cheaper (0.18% vs 1.20%), worth about $65,329 on $100,000 over 20 years.
VGS is much larger ($18.7bn vs $115m), which usually means tighter trading spreads.
Different structure: GSCF is actively managed, VGS is a standard fund.

Compare GSCF and VGS side by side →

IVV iShares S&P 500 ETF

IVV is cheaper (0.04% vs 1.20%), worth about $75,260 on $100,000 over 20 years.
IVV is much larger ($14.9bn vs $115m), which usually means tighter trading spreads.
Different structure: GSCF is actively managed, IVV is a standard fund.

Compare GSCF and IVV side by side →

General information only. Past performance is not a reliable indicator of future performance.

GSCF FAQs

What is the fee for GSCF?

GSCF charges a management fee (MER) of 1.20% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is GSCF?

GSCF had $115m in funds under management as at 30 September 2026.

Who manages GSCF?

GSCF is managed by Ausbil and has been listed since October 2025.

Is GSCF franked?

Generally no. GSCF invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

Is GSCF currency hedged?

No, GSCF is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Ausbil product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.