February 2020
- Fund Updates
The new calendar year kicked off with a bang in January as domestic equity markets surged ahead on renewed optimism about the economic outlook, and the S&P/ASX 200 Index hit an all time high of 7,132 points. Even still, the near-term impacts of the bushfires and the emergence of the 2019 Novel Coronavirus (‘the Coronavirus’) weighed heavily…
January 2020
- Fund Updates
The OC Premium Small Companies and OC Dynamic Equity Funds both capped off the calendar year with a strong December quarter, finishing up +4.3% and +5.5% respectively. This was comfortably ahead of both the S&P/ASX Small Ordinaries Accumulation Index and the S&P/ASX Small Industrials Accumulation Index which returned 0.8% and 0.9% respectively for the quarter.…
January 2020
- Uncategorized
Application and redemption processing on hold | Applications and redemptions will not be processed until the half-yearly distribution has been finalised. The hold applies to any applications and redemptions placed after 2pm on 31 December 2019. You can continue to submit applications and redemptions during this period, and the unit price will not be affected…
December 2019
- Fund Updates
The OC Premium Small Companies and Dynamic Funds performed strongly in November on the back of solid AGM updates from many of our core holdings. The Funds both returned +3.8% which was well ahead of the 1.6% return of the S&P/ASX Small Ordinaries Accumulation Index for the month. The OC Micro-Cap Fund also beat its benchmark…
November 2019
- Fund Updates
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…
October 2019
- Fund Updates
The Australian equity market remained buoyant in the September quarter, with the small-cap index shrugging off an indifferent reporting season, mixed global economic data and a volatile geo-political environment to post positive returns. Falling interest rates across the globe continue to drive investor risk appetite and the stock market has been a key beneficiary. The…
September 2019
- Fund Updates
The August reporting season was a challenging one across the board in Australian small-caps with just 38% of stocks in the Small Ordinaries Index delivering positive EPS growth in the second half of FY19, the lowest number in a decade. The OC Premium Small Companies Fund and OC Dynamic Equity Fund returned -4.7% and -4.4%…
August 2019
- Fund Updates
The new financial year started strongly with expectations of lower interest rates across most key markets emboldening investor risk appetite which in turn drove global stock indices higher. The OC Premium Small Companies Fund and OC Dynamic Equity Fund had a solid result for July, returning 4.8% and 5.3% respectively, ahead of both the S&P/ASX…
July 2019
- Fund Updates
The OC Premium Small Companies Fund and OC Dynamic Equity Fund finished the quarter in positive territory after returning +4.1% and 4.0% respectively, ahead of the Small Ordinaries Accumulation Index (+3.7%) but behind the Small Industrial Accumulation Index which returned +5.8% over the same period. The OC Micro-Cap Fund returned +8.1% for the June quarter,…
June 2019
- Fund Updates
“Sell in May and go away” so the saying goes, and it was again a challenging month across global equity markets in May. The simmering trade dispute between the US and China re-escalated and combined with political tensions between the US and Iran re-emerging and the threat of US tariffs on Mexican goods, global markets…