The Stonehouse Core Value Portfolio (CVP) returned +1.07% in April, a welcome result given the volatility of the previous two months which sees the Portfolio nearing its high water mark set at the end of January 2018.
The Equities sector bounced strongly as global investors added to their risk exposures. Allan Gray Australian Equity was the standout performer, climbing 6.4%, with Macquarie Australian Equities True Index (+3.9%), Wingate Global Equity Income, (+3.7%), and the Blackrock Japan High Divided Yield ETF (+3.7%) also contributing to returns. Lansdowne European Equity (-3.9%) disappointed on the downside.
Download Full Report: