The Core Value Portfolio (CVP) generated a return of -0.2% in January, with volatility in equity markets impacting returns late in the month. The volatility in the last week of January saw the Australian equity market give up most of its gains from earlier in the month however, it still managed to finish slightly up…
The Core Value Portfolio (CVP) produced a return of (+0.8%) in December, with markets continuing to see positive tailwinds on the back of a more optimistic economic outlook. The Australian equity market experienced another positive month finishing up (+1.8%), benefiting from upbeat investor sentiment. The strongest performers were SGH ICE (+3.3%) and the Firetrail Australian…
The Core Value Portfolio (CVP) generated a return of +3.8% in November, following the resolution of the US election and encouraging developments with the Covid-19 Vaccine. The Australian equity market rose on the back of this promising news and finished the month up +10.2%. The best performers were the Allan Gray Australia Equity Fund (+18.1%)…
The Core Value Portfolio (CVP) returned +0.67% in October, as volatility caused mixed results across markets. The Australian equity market began strongly but gave up some of its gains towards the end of the month, finishing up (+1.9%). The Allan Gray Australian Equity Fund (+2.9%), Firetrail Australian High Conviction Fund (+2.3%), and Bennelong Concentrated Australian…
The Core Value Portfolio (CVP) returned -0.4% in September, as uncertainly amongst global markets rose and all equity markets saw negative returns as a result. The Australian market retracted in September closing down (-3.7%), with all Australian equity investments in the portfolio detracting from performance . SGH ICE (-1.8%), Bennelong Concentrated Australian Equities (-1.9%) and…
The Core Value Portfolio (CVP) returned +1.5% in August, another strong result given the conservative positioning of the Portfolio. The rally in Australian equities continued in August with the market finishing the month up +3.0%. All Australian share funds in the portfolio produced positive returns. The standout performer was the Bennelong Concentrated Australian Equities Fund…
The Core Value Portfolio (CVP) returned +1.6% in July, a strong result given the fairly defensive posture of the portfolio. The Australian equity market increased marginally in July (+0.9%). The largest contributions within the Portfolio came from the Bennelong Concentrated Australian Equities Fund (+2.3%) and SGH ICE (+2.6%). The Macquarie True Index Fund (+0.6%) and…
The Core Value Portfolio (CVP) returned +0.57% in June as markets settled and the volatility seen in recent months subsided. This brings the returns for the June quarter to +6.1%. The Australian equity market posted a small gain of +2.3% in June. The best performing investments in the Portfolio were the beta exposure via Macquarie…
The Core Value Portfolio (CVP) returned +2.00% for the month of May, a solid result given the defensive stance of the Portfolio. May was a volatile month for the Australian equity market; however it finished the month up +5.0%. SGH ICE (+7.1%), Firetrail High Conviction (+5.3%), and Allan Gray (+5.5%) all produced returns exceeding the…
The Core Value Portfolio (CVP) generated a return of +3.43% for the month, a solid return given the current defensive positioning of the Portfolio. The Australian equity market finished the month up +8.8%. SGH ICE (+16.1%), Firetrail High Conviction (+14.7%), and Allan Gray (+12.5%) all provided significant alpha. The other investments from this asset class, the beta exposure…
