Cadence Capital Limited returned a negative gross performance of 1.3% during the month of September 2019 compared to an increase in the All Ordinaries Accumulation Index of 2.1%. For the month, the largest detractors from performance were ARQ Group, Ausnutria Dairy Corporation and Strike Energy. The largest contributors to the Company’s performance were Eclipx Group […]
In this webcast, Karl Siegling discusses the funds strong performance since its inception. He then gives a refresher on the fund’s investment strategy and how it differs from Cadence Capital Limited. He then discusses the current portfolio holdings and gives an update on the market outlook.
Cadence Capital Limited returned a gross negative performance of 0.7% during August 2019, outperforming the All Ordinaries Accumulation Index by 1.5%. For the month, the largest contributors to the Company’s performance were Detour Gold, Eclipx Group, Shine Corporate and Strike Energy. The largest detractors from performance were Ausnutria Dairy, ARQ Group and Champion Iron. At […]
In Part I, Karl Siegling discusses the past year’s performance, the biggest detractors and contributors, the discount to NTA of the Company’s share price and the year-end Final Dividend.
In Part II, Karl Siegling discusses the current portfolio, investments in Eclipx (ECX), Bingo Industries (BIN), Alibaba (BABA US) and Resimac (RMC) and the outlook for the year ahead.