Fund update | August 2016
The month of August was dominated by stock-specific news which came as the vast majority of ASX-listed stocks released their annual results and accompanying outlook statements. Volatility for the month was quite low, likely driven by an absence of material macro news other than the RBA's decision to cut the cash rate by 25 basis points to a new low of 1.5% early in the month.
Once again the OC Premium Small Companies, Dynamic Equity and Concentrated Equity portfolios enjoyed a relatively strong reporting season during which most of OC's holdings released results in line with or ahead of market expectations.
View August 2016 reports