February 9, 2022
The current equity correction has taken a lot of the froth out of the market. But caught up in the carnage have been a number of high quality companies with years of growth ahead. Which is why I think this could be a very good time for investors to take a look at some of these businesses, including Pro Medicus, Megaport and REA Group. continue…
by Roger Montgomery Posted in Companies, Editor's Pick, Stocks We Like.
February 7, 2022
At $135.00 on 27 January, REA Group’s (ASX:REA) share price had fallen almost a quarter from its high of $176.81 in November 2021. The move demonstrates even high-quality company shares can succumb to the vagaries of sentiment, especially when investors abandon long-term investing plans in favour of short-term fears about where share prices might land tomorrow or next week. continue…
by Roger Montgomery Posted in Companies, Editor's Pick, Property, Stocks We Like.
February 3, 2022
After two years of largely uninterrupted asset price gains, January provided a rude awakening for many investors, as equity markets around the world took a tumble. And it wasn’t just profitless tech stocks that took a beating. Caught up in the carnage were some high quality businesses that saw their share prices crimped – and which now present compelling value. continue…
by Roger Montgomery Posted in Editor's Pick, Global markets.
February 1, 2022
In response to recent trading updates, the share prices of many listed retailers have been hit for six. With retail sales falling short of expectations, supply chain disruptions, and the risk of excess inventories, some investors have been spooked, and have headed for the exits. Happily, the price falls have not hit every business, and it’s interesting to see which retailers have won the market’s approval. continue…
by Stuart Jackson Posted in Companies, Consumer discretionary, Editor's Pick, Stocks We Like.
January 31, 2022
In this video Portfolio Manager Jeff Mueller discusses the key themes impacting investment markets through the December 2021 quarter. New virus variants, additional lockdowns in some parts of the world, disruptive supply chain issues, a sharp increase in inflation, a shift in monetary policy, expectation for rising interest rates, and regulatory changes in China were some of the most significant headwinds to emerge. continue…
by Polen Capital Posted in Editor's Pick, Polen Capital, Video Insights.
January 27, 2022
With global markets pulling back sharply over recent days, it was pleasing to see the positive trading update by Codan Limited (ASX:CDA). The company – which makes communications, metal detection and mining technology – has been a significant contributor to The Montgomery Fund’s performance for a long time. And the update led to a significant boost to the share price. continue…
by Andreas Lundberg Posted in Companies, Editor's Pick, Stocks We Like.
January 24, 2022
Over calendar 2021, US inflation jumped from a very tame 1.4 per cent to a worrying 7.0 per cent, the highest level recorded in four decades. The last time US inflation was at this level, the yield on the US ten-year Government Bonds was 13.5 per cent. continue…
by David Buckland Posted in Economics, Editor's Pick, Market commentary.
January 19, 2022
In this week’s video insight Joseph discusses the key drivers of The Montgomery Fund’s performance for calendar year 2021. Overall, 2021 was a successful year for The Montgomery Fund. The total return of 25.1 per cent after fees represented an outperformance of 7.6 per cent versus the broader S&P/ASX 300 Accumulation Index, and included two distributions which collectively accounted for 4.2 per cent of the return. continue…
by Joseph Kim Posted in Editor's Pick, Montgomery News and Updates, Stocks We Like, Video Insights.
January 17, 2022
The Montgomery Fund (The Fund) closed an impressive 2021, outperforming the S&P/ASX 300 Accumulation Index by 7.61 per cent, after fees. Over the year The Fund also paid a solid distribution at 30 June and a smaller one at 31 December, which collectively represented approximately 4.2 per cent of the calendar year’s return, also on an after-fee basis. In this article I review some of the key drivers of performance over calendar year 2021 at a sector and stock level. continue…
by Dean Curnow Posted in Editor's Pick, Montgomery News and Updates.
January 6, 2022
Given the sell-off in bond yields so far this year, rising inflationary expectations, and the collapse of the Evergrande Group in China, it is unsurprising many global share market indices took a breather and recorded a relatively lacklustre December 2021 half-year in terms of performance. continue…
by David Buckland Posted in Editor's Pick, Market commentary.