April was a challenging month from an index relative perspective following a period of strong performance. The OC Premium Small Companies Fund and OC Dynamic Equity Fund both finished April down 0.1%, versus the S&P/ASX Small Ordinaries Accumulation Index and the S&P/ASX Small Industrials Accumulation Index which were up 2.7% and 1.5%, respectively.
The OC Micro-Cap Fund enjoyed a solid month delivering +1.3% return for investors against the S&P/ASX Emerging Companies Accumulation Index, which finished flat at 0.0%.
In other news, the team has just returned from the Macquarie Conference in Sydney, where the general tone was overall optimistic with most companies confident of growing their earnings in FY18 and again into FY19.
View March 2018 reports