Intelligent Investor

First Quarterly Report for Value Fund

By · 13 Jan 2010
By ·
13 Jan 2010
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The Value Fund's first available to download. As you'll read in the report, we've invested about 50% of the more than $10m contributed to the fund so far. Two thirds of that has been in infrastructure stocks and the rest in a bunch of small to medium businesses that we're still trying to buy more of (at the right price).

We've tried to dislcose enough information to give investors a feel for what we're up to and to write a reasonably interesting report. But we don't plan on giving our best ideas away before we've established a meaningful position on behalf of the fund, so you may find it a little light on if you're looking for investing ideas.

Gareth and James have already given me stick about taking two weeks to get it out so don't be afraid to critisise. Your thoughts and suggestions for improvement are welcome.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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