We are proud to be recognised for the 2nd straight year in the 2021 Real Leaders Impact Awards

August 2017

CVF News Reports

AAVOF Monthly Newsletter and Net Tangible Asset Release

As at 31 August 2017

In August, the fund recorded +3.1% net performance vs the S&P/ASX200 accumulation index return of +0.7%.  Cash equated to 40% of fund assets at month end.  Net tangible asset backing per share has increased to $1.08 / share.

Performance was pleasing given it was generated during reporting season.  We are first and foremost what you might call old fashioned stock pickers.  So given company earnings results are the litmus test of any investment thesis, it would be disappointing if we didn’t perform during a month when ~85% of our stock holdings reported some kind of financial result.

Read the article

Read More

Costco: Not Even Amazon Can Penetrate This Fortress