Performance overview During November the Stonehouse Core Value Portfolio performed well recording a +0.61% performance return for the month. To contrast, the ASX All Ordinaries Index fell -1.4% over the same period. In short, our more defensively positioned asset allocation paid off. The portfolio is positioned toward achieving moderate returns with low volatility and aims…

Performance overview During October the Stonehouse Core Value Portfolio performed strongly – recording a solid +1.46% performance for the month. The Portfolio’s asset allocation has retained its defensive characteristics with holdings in diversified positions being used to counter downside risk in equity exposures in readiness for the inevitable end to recent strong equity market performances….

Performance overview During September the Stonehouse Core Value Portfolio was in the black contributing to a solid +3.25% performance for the quarter. From an asset allocation perspective we have retained our fairly defensive positioning – with some of the benefits of this cautious stance coming to pass through September. For the moment though we’re keeping…

Performance overview Equity markets experienced mixed results during August as fears of US Federal Reserve tapering became heightened. Domestically equity markets performed reasonably well whereas offshore markets struggled. This was particularly the case for emerging markets where fears of an imminent end to ‘cheap and easy’ finance from developed country’s central banks marked a turning…

Performance overview Financial markets experienced a significant pullback in June 2013 and then recovered a large portion of this negative performance by the end of July 2013. From a relative standpoint the Core Value Portfolio performed well, falling only 0.53% in June 2013 before rebounding with a rise of 2.7% for the month of July…

Performance overview Financial markets experienced a significant pullback in June 2013. That said, from a relative standpoint the Core Value Portfolio performed well, falling only -0.53% compared with, for example, the -2.6% fall in the All Ordinaries Index. Since then markets have rallied and so too has the Portfolio. Still, we are adopting a reasonably…

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