by Chris Steptoe | Jul 14, 2023 | DMXASF
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...
by Chris Steptoe | Jun 12, 2023 | DMXASF
Dear Investor, DMXASF’s NAV declined 4.1% for the month of May, broadly in line with the declining market. The ASX 200 Total Return Index declined 3.3%, but the ASX Emerging Companies Index was down 6.4%. Smaller companies in particular continue to face selling...
by Chris Steptoe | May 11, 2023 | DMXASF
Dear Investor, DMXASF’s NAV stabilised this month, rising 0.8% (after fees and expenses) during April, though again underperforming the ASX 200 Total Return Index which rose 2.8%.Commentary While a fairly benign bottom-line result for the month, underlying that were...
by Chris Steptoe | Apr 16, 2023 | DMXASF
Dear Investor, DMXASF’s NAV again declined, down 3.6% (after fees and expenses) during March, and again underperforming the ASX 200 Total Return Index which fell only 0.7%.Our portfolio is clearly performing differently from the indices, which is good in a sense, but...
by Chris Steptoe | Mar 14, 2023 | DMXASF
Dear Investor, DMXASF’s NAV declined 6.2% (after fees and expenses) for the month of February, in what was a generally weak market environment with the ASX 200 Total Return Index declining 2.5%. We fared worse than the market through what turned out to be a very rough...
by Chris Steptoe | Feb 11, 2023 | DMXASF
Dear Investor, DMXASF’s NAV increased 1.3% (after fees and expenses) for the month of January, continuing its recovery in absolute terms but lagging a very strong broad market as reflected in the ASX 200 Total Return Index’s 6.2% return. ...
