FUND UPDATES |
The OC Premium Small Companies Fund and the OC Dynamic Equity Fund both enjoyed a solid start to the new financial year, finishing +0.9% and +1.2%, respectively, for July. This was a sound result, particularly in a relative sense, with the small-cap indices each delivering negative returns in July following on from strong performances in FY18.
The OC Micro-Cap Fund finished in negative territory in the first month of the new financial year, delivering a return of -1.0%. Whilst its always disappointing to deliver negative returns, we look at this number in the context of last year’s Fund return of +31.5% and believe it’s somewhat inevitable that there are periods where the Fund’s performance will consolidate.
View July 2018 reports