For the month of April 2018 Cadence Capital Limited returned a positive gross performance of 3.3% compared to an increase in the All Ordinaries Accumulation Index of 3.5%. For the current financial year, Cadence Capital Limited has returned a positive gross performance of 15.1% outperforming the All Ordinaries Accumulation Index by 6.2%.
On the 23rd April 2018 the Company paid a 4.0 cent fully-franked interim dividend, which equated to a 6.2% annual fully franked yield, or an 8.8% gross yield (grossed up for franking credits), based on the CDM share price at the time of the announcement.
As at the 30th April 2018 the fund is 86.1% invested (13.9% cash).
CDM Share Price and Option Returns plus Dividends & Franking
Fully Franked Dividends Declared Since Listing
Historic Portfolio Exposure
Portfolio Sector Analysis
Top Portfolio Position
Recent News Articles
During the month of April Cadence Capital was featured extensively in the press. Karl Siegling sat down with InvestSMART to pinpoint opportunities in Australia and abroad in a podcast interview. Karl was also quoted in the AFR with views on AMP and Mike Wilkins Mike Wilkins to navigate oil tanker AMP away from Disarray.
Cadence’s 12-part Investing Series Article 1: Hope, fear and greed, Article 2: Reconciling market psychology with fundamentals and Article 3: The emotion factor in buying and selling featured on Livewire.
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Funds management involves a lot of synthesis of information and reading. Over the years we all end up reading many investment books and refer to them from time to time.
The team at Cadence has compiled a list of books that have influenced our investment style, or helped provide insight into the investment process.
Whilst not an exhaustive list, the 10 titles contained in this eBook provide a good starting point for any interested investor.