For the month of April 2017 Cadence Capital Limited returned a positive gross performance of 1.5% compared to an increase in the All Ordinaries Accumulation Index of 0.8%. For the financial year to date, Cadence Capital Limited has returned a positive gross performance of 13.9% compared to an increase in the All Ordinaries Accumulation Index of 15.8%.
On 28thApril 2017 the Company paid its 4.0 cent fully-franked interim dividend. This equated to a 6.7% annual fully franked yield, or a 9.6% gross yield (grossed up for franking credits) based on the CDM share price at the time of the dividend announcement. All shareholders were able to participate in the Dividend Re-Investment Plan (“DRP”) at $1.1903 (3% discount). Two Directors took up their full entitlement under the DRP.
As at the 30th April 2017 the fund was holding 12% cash (88% invested).
Fund NTA
Fund Performance
* Before Management and Performance Fees
**These numbers include the franking value of the substantial dividend from its RHG holding received in May 2011.
CDM Share Price and Option Returns plus Dividends & Franking
* CDM 1 year figures reflect the share price move from a premium to a discount to NTA
Fully Franked Dividends Declared Since Listing
* Off market equal access buy back
Historic Portfolio Exposure
Portfolio Sector Analysis
Top Portfolio Positions
Recent News Articles
Karl Siegling participated in the 200th edition of Cuffelinks discussing ‘What investment insights would you give your 20 year-old self’. Karl was also quoted in The Australian article ‘Industry awash with M&A cash’.
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