Karl Siegling firstly gives an update on the performance of the portfolio over the March 2011 quarter including an update on franking credits and discount to NTA. He then discusses five of the funds largest positions.
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.