INVESTMENT UPDATE June 2017
For the month of June 2017 Cadence Capital Limited returned a positive gross performance of 1.6% compared to an increase in the All Ordinaries Accumulation Index of 0.3%. For the 2017 financial year, Cadence Capital Limited returned a positive gross performance of 17.2% outperforming the All Ordinaries Accumulation Index by 4.1%. This outperformance has been achieved with lower than market exposure, with the company holding on average 21% cash over this period.
We are pleased with the performance of the Company’s top holdings over the past year with Melbourne IT, Macquarie Group, Janus Henderson Group, Samsung Electronics Co and Softbank Group being our top performing stocks for the year. The Company’s other international holdings also performed well over this period.
As at the 30th June 2017 the fund was holding 22% cash (78% invested).
CDM Share Price and Option Returns plus Dividends & Franking
Fully Franked Dividends Declared Since Listing
Historic Portfolio Exposure
Portfolio Sector Analysis
Top Portfolio Positions
Recent News Articles
Karl Siegling was interviewed by Finance News Network (FNN) at the SMSF2017 Summit. View the video interview with Jessica Amir from FNN.
Cadence Capital was quoted in the press in June in the following news articles AFR – Views diverge on Macquarie Group earnings despite tax impost and AFR – Is a short squeeze in silver imminent.
Cadence Capital was a proud sponsor of the Australian Stockbrokers Foundation Awards Dinner.
New book reviews have been added to the 52 books you should read before buying your next stock list on our website including Trading in the Zone by Mark Douglas, Blue Ocean Strategy by W. Cham Kim and Renee Mauborgne, Black Swan by Nassim Nicholas Taleb and a documentary Betting on Zero directed by Ted Braun.
To view all previous Cadence webcasts and press articles, please visit the Media Section of the website.