by Chris Steptoe | Jan 16, 2025 | DMXASF
Dear Investor,DMXASF’s NAV declined 3.0% in December, reversing some of its strong November result. The broader market was mixed with the ASX Emerging Companies Index flat at -0.1%, while the ASX 200 Accumulation Index was down 3.2%. Calendar 2024 was strong for us,...
by Chris Steptoe | Dec 13, 2024 | DMXASF
Dear Investor, DMXASF’s NAV rose 4.8% in November, ahead of the ASX 200 Total Return Index which rose 3.8% as well as the ASX Emerging Companies Index, which fell 0.9% for the month.CommentaryNovember was positive for the Fund, both in terms of the positive...
by Chris Steptoe | Nov 17, 2024 | DMXASF
Dear Investor, DMXASF’s NAV rose 1.4% in October, ahead of the ASX 200 Total Return Index which fell 1.3% as well as the ASX Emerging Companies Index, which was flat at 0.0% for the month.CommentaryWhile at face value the portfolio ticking up in a down to flat broader...
by Chris Steptoe | Oct 16, 2024 | DMXASF
Dear Investor, DMXASF’s NAV rose 1.5% in September, lagging the ASX 200 Total Return Index which rose 3.0%, and a very strong smaller companies sector, with the ASX Emerging Companies Index up 6.6% for the month.CommentaryMany of our companies performed well this...
by Chris Steptoe | Sep 12, 2024 | DMXASF
Dear Investor,DMXASF’s NAV was virtually unchanged in July, up 0.1%, and slightly under the ASX 200 Total Return Index which rose 0.5%. The smaller companies indexes were mixed, with the ASX Emerging Companies index up 1.9% while the Small Ordinaries was down...
by Chris Steptoe | Aug 14, 2024 | DMXASF
Dear Investor, DMXASF’s NAV performance was positive in June, up 1.0%, lagging a stronger broad market with the ASX 200 Total Return Index up 4.2%, but slightly ahead of the ASX Emerging Companies index which rose 0.2% for the month.CommentaryModest declines in larger...