FUND UPDATES |
While February started with a sharp global stock market correction, which at one point saw the US S&P 500 down 10%, equity markets recovered strongly over the remainder of the month and the Australian small-cap benchmark, the S&P/ASX Small Ordinaries Accumulation Index, finished the month flat (+0.0%).
Against this backdrop, our OC Premium Small Companies Fund and OC Dynamic Equity Fund finished the month strongly up +2.9% and +2.8%, respectively, outcomes that were driven by an excellent reporting season for the Funds.
Our OC Micro-Cap Fund finished the period up +0.1% ahead of its benchmark, the S&P/ASX Emerging Companies Accumulation Index, which finished flattish at -0.1%.
View February 2018 reports