July 2023 Monthly Report

Dear Investor,DMXASF’s NAV increased 8.6% during July, ahead of the ASX 200 Total Return Index which rose 2.9%. With many of our names having sold off in recent times and in particular with tax loss selling of losers into the 30th June financial year-end, July brought...

July 2023 Monthly Report

Dear Shareholder,DMXCP’s NAV increased 8.5% (after all accrued management fees and expenses) for July 2023. The NAV as at 31 July 2023 was $2.3710 compared to $2.1841 as at 30 June 2023.Markets were strong during July – the All Ordinaries was up 2.99% while the...

Q4 FY23 DMX Quarterly Nanocap Update

We define a nanocap as a company with a market capitalisation of under ~$30m. These companies typically get very little coverage from analysts or interest from the investment community, and are often where we find some of the most interesting opportunities. A feature...

June 2023 Monthly Report

Dear Investor,DMXASF’s NAV increased 0.4% for June, in a mixed but generally strong market environment with the ASX 200Total Return Index rising 1.8%, and the ASX Emerging Companies Index recovering 2.4% after a big decline inMay. June marks the end of tax selling...

June 2023 Monthly Report

Dear Shareholder,DMXCP’s NAV decreased 2.3% (after all accrued management fees and expenses) for June 2023. The NAV as at 30 June2023 was $2.1841 compared to $2.2357 as at 31 May 2023.Markets were mixed during June -the All Ordinaries was up 1.7% while the Small...