Nov 2023 Monthly Report

Dear Shareholder, DMXCP’s NAV increased 4.1% (after all accrued management fees and expenses) for November 2023.  On 30 November 2023, DMXCP went ‘ex’ a dividend of 7.5c plus 3.2c in franking credits. The dividend will be paid on 12 December 2023. The NAV as at 30...
Findi – A potential multi-bagger

Findi – A potential multi-bagger

While most economies are turning their backs on cash, India is increasing the number of ATMs, and cash usage is on the rise. Cash is deeply embedded in their culture due to unique factors, such as the number of unbanked individuals. Even with the growth of e-commerce,...

Oct 2023 Monthly Report

Dear Shareholder, DMXCP’s NAV decreased 4.9% (after all accrued management fees and expenses) for October 2023. The NAV as at 31 October 2023 was $2.2917 compared to $2.4092 as at 30 September 2023.Markets were weak in October – the All Ordinaries fell 3.8%...