The over riding belief of management is that the use of both fundamental and technical analysis has a greater probability of producing higher returns than either fundamental or technical analysis alone.
In assessing investment opportunities the Manager uses both fundamental and technical trend analysis.
The Manager believes that Security values and prices move in trends and those Securities that display consistent fundamental and technical trend characteristics have a greater probability of producing high rates of return than Securities with inconsistent fundamental and technical trend characteristics.
The Manager believes that greater returns are made from core investments over the long term but that trading opportunities can be viewed as supplementing returns. Consequently the majority of the Manager’s time and effort will be spent seeking long-term core investment opportunities. Trading opportunities tend to be cyclical in nature and are often closely correlated with the level of activity in the market.
The Manager engages the services of a Prime Broker to facilitate the short sale of securities as well as the use of debt in employing investment strategies.
Cadence Capital Limited
(ASX Code CDM)
NTA Estimate as at
31 Aug 2010
Pre Tax: |
$1.03225 |
Post Tax*: |
$1.04701 |
Monthly Newsletter - August 2010
"On the 25th August 2010, Karl Siegling, Portfolio Manager for Cadence Capital Limited was interviewed by Sky Business. In this interview he discusses one of the positions currently in the portfolio, Firstfolio Limited (ASX Code: FFF)..." More
Share Price As at 8th Sep 2010
| CDM | $0.745 |
*ASX quotes are delayed by 20 minutes.