As investors continue to pile into the smaller end of the sharemarket, Ausbil’s high-flying Australian small-cap fund is closing its doors to new money so as not restrict the team’s ability to trade in some of the less liquid stocks.

Some of Ausbil’s biggest winners over the past year have been family tracking app Life360, metal detector manufacturer Codan, buy now pay later company Zip, and Grant Hackett-led Generation Development Group.

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