FUND UPDATES |
Equities remained weak in November as US-China relations continued to dominate market sentiment, overshadowing what was a generally an upbeat tone from Fund holdings during the October/November AGM period.
The OC Premium Small Companies Fund and OC Dynamic Equity Fund returned -1.1% and -2.1% for the month, behind both the S&P/ASX Small Ordinaries Accumulation Index (-0.3%) and the S&P/ASX Small Industrials Accumulation Index (+0.8%). The OC Micro-Cap Fund returned -2.9% for November, behind the S&P/ASX Emerging Companies Accumulation Index which returned -2.3%. Nevertheless, all funds remain comfortably ahead of their benchmarks over the calendar year to date.