During the month of April 2015, Cadence Capital Limited returned a negative gross performance of 1.75% compared to a decrease in the All Ordinaries Accumulation Index of 1.47% and an increase in the Small Ordinaries Accumulation Index of 1.66%. Over the past 12 months Cadence Capital Limited returned a positive gross performance of 12.92% compared to a increase in the All Ordinaries Accumulation Index of 10.16%
During the past month Cadence Capital Limited paid a 5.0 cent (Grossed up 7.1 cents) fully franked Interim dividend.
As at the 30th April 2015 the fund was holding 10% cash (90% invested).
*The NTA and Share prices are Ex the 5.0 cent fully franked Interim Dividend paid on 10th April 2015
* 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
Webcast and News Articles
Cadence Capital Limited recently released its March 2015 quarterly webcast where Karl Siegling firstly gives an update on the fund’s performance and discusses its offshore investments. This is then followed with an interview with Chris Garrard (Cadence Portfolio Manager) on the funds domestic investments in Retail Food Group (ASX Code: RFG) and iiNet (ASX Code: IIN). Click here to view.
To view all previous Cadence webcasts and press articles, please visit the Media Section of our Website.
The information contained in this report has been prepared with all reasonable care by Cadence Asset Management Pty Ltd and is of a general nature only. It is provided for information purposes only and should not be construed as an offer or solicitation. Nothing contained in this document constitutes investment, legal, financial, business, tax or other advice. It should not be relied upon as the sole basis for making an investment decision, nor should a decision be made until the risks of the investment are fully understood. Cadence Asset Management Pty Ltd assumes no responsibilities for errors, inaccuracies or omissions in this summary. The information is provided without warranty of any kind. Past performance is not indicative of future performance. Investors may not get back the full amount originally invested.