The Stonehouse Core Value Portfolio (CVP) fell -0.86% over September, a month which again proved trying for many investment markets. We believe the CVP held up reasonably well over this recent July – September Quarter by recording a -1.20% result, given the ASX200 Price Index fell by a much more considerable -8.01% over this period. As we have said in the past, strong relative performance coupled with a stable pattern of returns is a key objective of the CVP Investment Committee.
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