Insufficient Capital September Update

At the end of the September quarter, the fund was most heavily weighted to our ‘Net Cash Miners’ strategy: The portfolio rose +9.25% over the quarter, strongly outperforming the ASX300 performance of +1.24% by +8.01%. We were very pleased to record outperformance over each month, most notably in August...
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Insufficient Capital January Update

Performance Figures The portfolio rose +9.67% over January, outperforming the ASX300 performance of +4.89% by +4.78%. We were very pleased with the result – a great start to the decade. Such strong index performance is incredibly hard to keep up with (let alone, outperform) when holding any cash or...
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Insufficient Capital March Update

This, Too, Shall Pass… Performance Figures The portfolio fell -41.4% over the March quarter, underperforming the ASX300 performance of -24.3% by -17.1%. We are very disappointed but always endeavour to allocate capital (according to our Ground Rules) to avoid underperformance during the 81% of years that markets rise. The...
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