Fund Updates | January 2018
The Australian small-cap market had a very strong month with the S&P/ASX Small Ordinaries Accumulation Index up 6.0% and the S&P/ASX Small Industrials Accumulation Index up 5.9%.
The strength in the index was not broad-based with a number of 'hot' sectors driving the overall benchmark, in particular China-facing consumer stocks, cobalt and lithium stocks and tech plays.
The prevailing mood in small caps at present is very much 'risk on' and some stocks and sectors have become quite momentum driven with prices reaching new highs almost every day.
View January 2018 reports