Highlights 8.0% pre-tax total return for the first six months of FY24 Sold stake in Kiland to crystallise a 29% return for investment...

Portfolio Manager’s Performance Report for financial year 2023. FY23 was a challenging and exciting year for investors in microcaps.

During the quarter, HCF invested a net $3.3m cash into existing and new holdings, taking advantage of the continued sell-off in microcaps

OBJECTIVE The company invests its capital in companies with a significant discount in the share price relative to perceived inherent...

H&G High Conviction Fund returned 1.5% after all fees for the September 2022 quarter in the context of continued market volatility.

H&G High Conviction Fund returned 3.0% after all fees in June 2022 while the market continued to fall.

H&G High Conviction Fund returned -0.2% net of fees in May 2022 in the context of a large market sell-off.

H&G High Conviction Fund returned 0.8% net of fees in April 2022 in the context of intense market volatility.

Continued preservation of capital in volatile markets helping to maintain a significant outperformance over the last 12 months.

Preservation of capital in weak markets helping to maintain a significant lead over the ASX Small Ords during financial year to date.

OBJECTIVE We invest in and actively engage with companies that have superior fundamental prospects but are priced at a discount relative...