TEST Australian Shares Fund Reports

IN THE LATEST QUARTERLY - DECEMBER 2020

Investments in the portfolio continue to recover well from COVID-induced disruption and remain resilient despite dramatic under the surface swings in 2020.

  • WPP gets a bid
    A new takeover offer for WPP further realises value for business.
  • A thorny saga that seemingly never ends
    MSL and VBC show excellent signs of turnaround while TGA remains difficult.
  • A monetary epoch?
    2020 financial crisis urges the return of inflation.

$183.1m

Portfolio value at 31 December 2020

$176.8m: November 2020

$156.2m: October 2020

33

Stocks in this fund

as at 31 December 2020

11.01%

Average annual return since inception

as at 31 December 2020

$1.39

Market price

as at 31 December 2020

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.