The OC Premium Small Companies Fund delivered strong relative and absolute outperformance for FY14

The OC Premium Small Companies Fund delivered strong relative and absolute outperformance for FY14. This can be largely attributed to our focus on risk management which helped us avoid most of the stock specific downgrades which have plagued the market. Furthermore, we have been quick to cut positions that have disappointed us either from an earnings perspective or where any of our key assumptions surrounding the stock have proven to be unsound. Many of the well held stocks that have downgraded their earnings during the past 12 months have had multiple downgrades (Super Retail (x3), Ausdrill (x3), Pacific Brands(x3), The Reject Shop, GUD and SMS Management to name a few). These have been costly for investors who have held on hoping for a quick turn-around in earnings for these businesses. The Fund returned 24.1% for the year outperforming both the Small Ords and Small Industrial indices. Full Report here: (VIEW LINK)

2 topics

OC Funds Management (OC) is a boutique small cap specialist which was founded by its investment staff and non-executive directors. OC commenced operated in December 2000 with the launch of two long only small cap Australian equity funds, the OC...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter