October 2016
October 2016

For the month of October 2016 Cadence Capital Limited returned a negative gross performance of 0.4% compared to a decrease in the All Ordinaries Accumulation Index of 2.2%. For the first four months of this financial year, Cadence Capital Limited has returned a positive gross performance of 6.4% outperforming the All Ordinaries Accumulation Index by 3.4%.

During the past month, Cadence Capital Limited paid its 4.0 cent fully-franked final dividend. For shareholders who participated in the Dividend Re-Investment Plan (“DRP”), the final DRP price was $1.19292.

As at the 31st October 2016 the fund was holding 31% cash (69% invested).

Fund NTA


* The NTA’s and Share price are post the 5.0c fully franked interim dividend

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

 Dividends Column Chart

* CDM 1 year figures reflect the share price move from a premium to a discount to NTA

Fully Franked Dividends Declared Since Listing

CDM Fully Franked Dividends Declared Since Listing

* Off market equal access buy back

Historic Portfolio Exposure

 portfolio sector chart

Portfolio Sector Analysis


Top Portfolio Positions

Top Portfolio Positions

Recent News Articles

Karl Siegling was recently quoted by the SMH in the article “Trump fears push ASX down for third week”. Please also find on our website recently added book reviews, 52 Books You Should Read Before Buying Your Next Stock .

We have recently released the Cadence Investing Series online. This is a collection of 12 articles that details the Cadence Investment Philosophy.

To view all previous Cadence webcasts and press articles, please visit the Media Section of the website.


10 Books To Read Before Buying Your Next Stock

10 Books To Read Before Buying Your Next Stock

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.

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