Media ReleasesPengana Emerging Companies Fund

View All Pengana Emerging Companies Fund News

Fairview Equity Partners Monthly Retail Investment Report 31 January 2016

Fairview Equity Partners is a smaller company Australian equities manager. The Fairview Equity Partners Emerging Companies Fund seeks to provide capital growth and some income by outperforming the S&P/ASX Small Ordinaries Accumulation Index over the medium to long term. 


Performance and Market Outlook 

The Small Ords index fell -5.1% in January, but outperformed the S&P/ASX100 by +0.4%. The Small Industrials index underperformed the S&P100/ASX Small Industrials by -0.2%, while the Small Resources Index outperformed the S&P100/ASX Small Resources by +4.8%. Sector performances over the month were largely negative with most sectors closing in negative territory. Telecommunication Services was the best performer returning +5.2%, followed by Utilities (-0.1%) and Real Estate (-2.6%). Energy was the worst performer, returning -19.8%, followed by Consumer Discretionary (-7.1%) and Financials (-5.9%). 


Whilst January is typically a fairly quiet month for corporate news flow there were a few announcements that negatively impacted the fund. It is worth noting though that all of the stocks mentioned below are held at fairly modest weights. 


For further information, please download pdf:

Download this document