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. ...
by Chris Steptoe | Jan 12, 2023 | DMXASF
Dear Investor, DMXASF’s NAV increased 1.4% (after fees and expenses) for the month of December, again, building on its recovery of the past few months. The broad market was soft for the month, with the ASX 200 Total Return Index declining 3.2%.Portfolio Commentary...
