NEWS

Insights, June 2021 - Fund Updates
The domestic small cap index finished modestly higher in May, with the focus of markets still firmly on inflation and particularly on whether the inflationary outbreaks we are witnessing are structural or transitory and the broader implications for monetary policy. Cyclical stocks continue to outperform as the ongoing rotation from growth to value continues, and…
Insights, May 2021 - Fund Updates
April was a strong month for equities globally and the domestic small cap market was no exception, with the S&P/ASX Small Ordinaries Accumulation Index rallying throughout the month before finishing up +5.0%. Bond markets stabilised following the release of benign inflation data and central banks in key markets continued to talk down the prospect of…
Insights, April 2021 - Fund Updates
Global markets continued to bounce in the March quarter with a combination of accommodative monetary and fiscal settings from governments and central bankers, accelerating vaccine rollouts in most countries and positive economic data supportive of a continued upwards trajectory in stocks. The Australian small-cap indices tracked higher during the quarter with the S&P/ASX Small Ordinaries…
Insights, March 2021 - Fund Updates
The February reporting season was one of the strongest in recent years, despite the significant COVID-19 disruptions with positive earnings surprises outweighing earnings disappointments across the broader Australian market, including the domestic small cap space. The positive upside in company results was largely driven by upside surprise on operating margins, rather than top line revenue…
Insights, February 2021 - Fund Updates
Equity markets continued their strong momentum into the start of the new calendar year with most markets advancing in the early part of the month on the expectation of the vaccine roll-out and the promise of further fiscal and monetary stimulus, particularly in the US. However, early gains reversed as unprecedented retail-led speculative activity in…
Insights, January 2021 - Fund Updates
The OC Premium Small Companies Fund and OC Dynamic Equity Fund continued their recent momentum in the December quarter finishing the period up +14.8 and +14.6% respectively. This was ahead of both the S&P/ASX Small Ordinaries Accumulation Index and the S&P/ASX Small Industrials Accumulation Index which were up 13.8% and 12.2% respectively for the quarter.…
Insights, December 2020 - Fund Updates, News
20th Anniversary We are pleased to announce that this month marks the 20th anniversary of the OC Premium Small Companies Fund, which was launched on 8 December 2000. It’s now one of Australia’s longest running small company funds and has delivered 11.2% pa since inception (5% pa above benchmark). We wish to thank all our…
Insights, November 2020 - Fund Updates
October was a month that played out in two halves across the Australian small-cap equities space with the S&P/ASX Small Ordinaries Accumulation Index rallying sharply in the first two weeks of the month following the expansionary Federal budget laid out early in the month, before selling off later in the month as the US 10-year…
Insights, October 2020 - Fund Updates
The OC portfolios rounded out a strong quarter with our key holdings continuing to track well from an operational perspective in an environment where the myriad unknowns, largely brought about by the COVID-19 pandemic, provide a challenging backdrop for stock-picking. The OC Premium Small Companies Fund and OC Dynamic Equity Fund finished the quarter up…
Insights, September 2020 - Fund Updates
The market continued to rally over the August reporting season with investors taking a ‘glass half full’ approach in casting aside another hard lockdown in Victoria and clusters of COVID-19 cases in both NSW and Queensland, as well as poor economic data across the globe, to instead focus on company results that exceeded our low…