by Chris Steptoe | Jul 7, 2022 | DMXASF
Dear Investor, DMXASF’s NAV declined 10.0% (after fees and expenses), a slightly larger decline than that of the ASX 200 Total Return Index which was down 8.8% for the month. Once again though, smaller companies have been impacted to a greater degree in this market...
by Chris Steptoe | Jun 11, 2022 | DMXASF
Dear Investor,DMXASF’s NAV declined 5.4% (after fees and expenses) against the ASX 200 Total Return Index which declined 2.6% for the month. As has been the case for several months now, the broader index has held up well, propped by large and resource companies, while...
by Chris Steptoe | May 11, 2022 | DMXASF
Dear Investor,DMXASF’s NAV declined 5.0% (after fees and expenses) against the ASX 200 Total Return Index which declined just 1.0% for the month. The broader index held up well, propped by larger and resource companies. Meanwhile, smaller industrial to which we’re...
by Chris Steptoe | Apr 9, 2022 | DMXASF
Dear Investor, DMXASF’s NAV rose 1.4% (after fees and expenses) against the ASX 200 Total Return Index which rose 5.3% for the month. Portfolio CommentaryWhile much of our portfolio enjoyed something of a bounce along with the broader market this month, the continued...
by Chris Steptoe | Mar 9, 2022 | DMXASF
Dear Investor, DMXASF’s NAV fell 3.00% (after fees and expenses) against the ASX 200 Total Return Index which rose 2.14% for the month. Portfolio CommentaryIn a continuation of the rout much of the smaller-company segment of the market has been in over the past...
by Chris Steptoe | Feb 9, 2022 | DMXASF
Dear Investor, DMXASF’s NAV fell 2.97% (after fees and expenses) in a month that saw equity markets globally decline. The ASX 200 Total Return Index fell 6.35% for the month.Portfolio CommentaryOur portfolio declined mainly due to its exposure to a number of...
