by Chris Steptoe | Jan 15, 2024 | DMXASF
Dear Investor, DMXASF’s NAV increased 1.4% for the month of December, building on November’s recovery but lagging a very strong broad market with the ASX 200 Total Return Index up 7.3% and the ASX Emerging Companies Index up 6.3%.CommentaryThe portfolio was impacted...
by Chris Steptoe | Dec 13, 2023 | DMXASF
Dear Investor, DMXASF’s NAV increased 3.5% for the month of November, recovering most of October’s decline, and lagging very slightly the broader market with the ASX 200 Total Return Index up 5% and the ASX Emerging Companies Index up 3.7%.CommentaryWhile moving...
by Chris Steptoe | Nov 13, 2023 | DMXASF
Dear Investor, DMXASF’s NAV decreased 4.5% for the month of October, broadly in-line with the market with the ASX 200 Total Return Index declining 3.8% and the ASX Emerging Companies Index down 4.6%. We’d been propped up in prior months by takeover activity within the...
by Chris Steptoe | Oct 15, 2023 | DMXASF
Dear Investor, DMXASF’s NAV increased 1.6% for the month of September, ahead of the ASX 200 Total Return Index which declined 2.8%. The broad market continues to be weak, with the smaller company sector continuing to bear the brunt of the sell-off. Smaller companies...
by Chris Steptoe | Sep 12, 2023 | DMXASF
Dear Investor,DMXASF’s NAV increased 0.3% for the month of August, slightly ahead of the ASX 200 Total Return Index which declined 0.7%. The smaller company sector hasn’t been able to maintain its July recovery momentum, with the Emerging Companies Index falling 4.3%...
by Chris Steptoe | Aug 15, 2023 | DMXASF
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...
