The market remains in a subdued state post the release of the Government's Federal Budget last week

NAOS Asset Management

NAOS

The market remains in a subdued state post the release of the Government's Federal Budget last week. With the effect of budget initiatives, the Reserve Bank of Australia is poised to maintain a neutral stance for the remainder of the year and as such we believe it has become increasingly important to develop a view on how the RBA's current stance will assist in the gradual transition of the domestic economy away from mining investment and towards improved consumption. Our April investment report examines this thesis in more detail: (VIEW LINK)


NAOS Asset Management
NAOS Asset Management
NAOS

A specialist fund manager providing genuine, concentrated exposure to Australian Listed Industrial Companies outside of the ASX-50. NAOS maintain a focus on long term capital protection and delivering sustainable growing fully franked dividends.

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