The Stonehouse Core Value Portfolio (CVP) ended 2017 strongly, returning +0.52% in December and delivering +9.0% for the calendar year. Equities ended the year well with the Australian market returning +1.8% and the MSCI World Index +1.1% (in AUD Hedged terms). The Australian dollar (+3.2%) appreciated strongly in December but Australian bonds were weak (-0.5%)….

The Stonehouse Core Value Portfolio (CVP) continued it’s positive momentum in November, returning +0.87% in a strong month for equities that saw the Australian share market gain +1.6% and the MSCI World Index up +1.7% (in AUD Hedged terms). The Australian dollar (-1.2%) continued to weaken while Australian bonds were up (+1.0%) during the month….

The Stonehouse Core Value Portfolio rose strongly in October (+2.46%), taking the 12 month rolling return to +8.5%, a welcome result for investors. The month saw the Australian share market finish up +4.0% and the MSCI World Index delivered a solid return of +2.7% (in AUD Hedged terms). The Australian Dollar (-2.2%) continued to weaken…

The Stonehouse Core Value Portfolio (CVP) rose +1.0% in September, in a month that saw the Australian share market finish slightly down (-0.02%) while the MSCI World Index delivered a solid positive return of +2.4% (in AUD Hedged terms). The Australian dollar (-0.8%) continued to weaken and Australian bonds also fell (-0.3%) during the month….

The Stonehouse Core Value Portfolio rose +0.5% in August, in a month that also saw the Australian share market (+0.7%) finish higher, while the MSCI World (+0.2% in AUD Hedged terms) delivered a small positive return. The Australian dollar gave back some of the previous months’ strong performance (-1.0%), while Australian bonds rose +0.2% and…

The Stonehouse Core Value Portfolio began the new financial year slightly down (-0.18%), in a month that also saw the Australian share market finish flat. The MSCI World Index returned -1.2% in unhedged currency terms which spoke to a month where the Australian dollar had substantial consequences for the Australian investor, appreciating strongly (+3.7%) to…

The Stonehouse Core Value Portfolio ended June slightly negative -0.17% in what proved to be a volatile month. On a positive note, the Portfolio ended the April – June quarter up +2.1%, building on gains from the previous quarter. Our Australian equity managers continued to do well and to outperform the index, with SGH ICE…

The Stonehouse Core Value Portfolio maintained its positive momentum for the year returning +0.87% in May and is now up +5.1% over the last 6 months, a welcome result given the difficult period experienced through late 2016. For the month, the Australian share market fell -2.8%, significantly underperforming the MSCI World (in USD Terms) which…

The Stonehouse Core Value Portfolio (CVP) rose +1.42% in April, outperforming Australian and Global equity markets which both returned +1.0% for the month. Our global equity managers produced strong positive returns, with the major contributors including Lazard Global Small Caps (+4.4%) and Northcape Emerging Markets (+4.8%), along with broader market managers Platinum (+3.5%), Wingate (+2.7%)…

The Stonehouse Core Value Portfolio (CVP) rose +1.05% for the month of March, consolidating gains of +1.47% for the quarter. Within our equity exposures, solid performers were found amongst our active Global equity managers Platinum (+3.3%) and Wingate (+2.1%). Our Australian equity holdings Allan Gray (+3.9%) and IML Equity Income (+2.8%) showed strong gains along…

© 2015 Stonehouse