February 2023 – Market Commentary

The Fund delivered +0.67 in February (noting February being a shorter month and therefore returns were marginally softer), 7.76% over 12 months and 6.46% annualised since inception. We are [...]

The Fund delivered +0.74% in January, 7.45% over 12 months and 6.43% annualised since inception. A key feature of the Manning Monthly Income Fund is its flexibility to move in and out of [...]

The Fund delivered +0.72% in December, 7.15% over 12 months and 6.40% annualised since inception. There are several Fund features that investors like to discuss, namely the significant number of [...]

The Fund delivered +0.71% in November, 6.91% over 12 months and 6.37% annualised since inception. Fund investors shall welcome the higher RBA cash rate increasing the Funds targeted return to [...]

The Fund delivered +0.69% in October, 6.64% over 12 months and 6.33% annualised since inception. We are pleased to report the Fund’s portfolio of assets continues to perform strongly, and [...]

The Fund delivered +0.61% in September, 6.53% over 12 months, as Fund returns continue to lift alongside a higher RBA cash rate as anticipated. At the same time, key risk measures across the Fund [...]

The Fund delivered +0.63% in August, 6.39% over 12 months and 6.29% annualised since inception. We are frequently asked about our views on the RBA cash rate and its likely trajectory, given its [...]

The Fund delivered +0.70% in July, 6.29% over 12 months and 6.27% annualised since inception. The particularly strong return was attributable the higher RBA cash rate and associated interest [...]

The Fund delivered +0.55% in June, 6.15% over 12 months and 6.23% annualised since inception. As we welcome a new financial year and reflect on the past, we are reminded of how quickly financial [...]

“May you live in interesting times” – Chinese proverb Globally, the picture does appear to be getting more ‘interesting’ with market and currency volatility on the rise, [...]