The Australian small-cap and micro-cap market weakened slightly in October against a back-drop of mixed macro-economic signals, tentative progress on the US and China trade dispute and a swathe of negative earnings revisions in the small-cap space, which is not uncommon at this time of year with the AGM season in full swing.
Despite the market decline, the three OC strategies ended the month in positive territory. The OC Premium Small Companies Fund, OC Dynamic Equity Fund and OC Micro-Cap Fund returned 1%, 1.9% and 1.5% respectively in October.
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