Microcap Fund Manager Review Dec 2018

Mark Tobin

Coffee Microcaps

We take our monthly look at the returns of Australian Microcap Funds. The majority of funds endured double-digit and drawdowns in the Dec 18 quarter. This large drawdown in the last quarter also pulled the majority of the funds negative for the calendar year.

The S&P/ASX Emerging Companies Index was within a bear's whisker of entering bear market territory for the calendar year with the index down 19.94% in 2018. 

ASX listed equities both large and small posted negative returns in 2018 along with the majority of their international peers. Indeed it was hard to find any asset classes equities, bonds property either in AUD or USD terms that were in the "green" in 2018, even cash struggled once you factored in inflation!

Let's hope for a better 2019.  

Some Points To Note

Some data points for particular time periods may reflect as "N/A" or there is no data at all displayed for the following two reasons; 

1. Some funds have not reported performance figures via their newsletters or website by the 15th of the following which is our deadline for inclusion in this report. Even though all funds are daily dealing I might add. 

2. Some funds do not report performance figures for that particular time period in their performance reporting. 

I would advise readers to contact the relevant fund themselves should they wish to obtain the relevant data.


Mark Tobin
Analyst
Coffee Microcaps

I focus on ASX listed microcap and nanocap​ stocks which is​ anything from $10mil to $300mil market cap and everything​ in between. This truly​ is the under-researched​ part of the ASX. My hope is to bring you interesting microcap stocks and news.

I would like to

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