International Fund Reports

Video analysis: Hallenstein Glasson Holdings

IN THE LATEST QUARTERLY REPORT - MARCH 2019

An investing rule of thumb is that you make money from cyclical stocks by paying high multiples of low earnings, not the other way around. We have made a tentative exception for two new stocks.

  • Hold onto your seat
    Lear Corporation supplies car seats globally.
  • Linamar more than an auto supplier
    Linamar Corporation manufactures high precision parts for car engines.

$165.5M

Portfolio value at 29 March 2019

$174.8M:
February 2018

$167.1M:
January 2018

26

Stocks in this fund

as at 29 March 2019

12.35%

Average annual return since inception

as at 29 March 2019

$1.5346

Buy price

as at 29 March 2019

For more regular insights into Chief Investment Officer Steve Johnson’s thoughts on investing, the Australian Fund and the wider market, visit the Forager Blog.

All international Fund Reports

The Forager International Shares Fund reports each month on its performance and portfolio activity. At the conclusion of each quarter, a more detailed Quarterly Report is published. In between, Monthly Reports give an overview of fund activity and performance statistics.

You can request a copy of the reports by calling 02 8305 6050.