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Castle Point Ranger Fund 23877 Strategy

The Manager takes a long-term approach to the investments held in the Fund. The focus is on finding companies at large discounts to their intrinsic values, buying them and holding them until that value is realised. A highly disciplined approach is used to research and identify the companies.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Morningstar reassess view of Platinum ETF and fund

Changes to the portfolio management team drive a ratings revision.
funds

Listed Investment Companies monthly performance: March 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,897.50 48.10 0.61%
CAC 40 7,957.57 42.92 0.54%
DAX 40 18,001.60 105.10 0.59%
Dow JONES (US) 38,675.68 450.02 1.18%
FTSE 100 8,213.49 41.34 0.51%
HKSE 18,475.92 268.79 1.48%
NASDAQ 16,156.33 315.37 1.99%
Nikkei 225 38,236.07 37.98 -0.10%
NZX 50 Index 11,938.08 64.04 0.54%
S&P 500 5,127.79 63.59 1.26%
S&P/ASX 200 7,629.00 42.00 0.55%
SSE Composite Index 3,104.82 8.22 -0.26%

Market Movers

Name
Last price
Change
% Change
Sigma Healthcare Ltd SIG 1.30 0.04 3.19%
South32 Ltd S32 3.58 0.03 0.85%
Zip Co Ltd ZIP 1.29 0.05 3.63%
Telstra Group Ltd TLS 3.58 0.01 -0.28%
Sayona Mining Ltd SYA 0.03 0.00 3.13%
Red 5 Ltd RED 0.43 0.01 -1.16%
Alumina Ltd AWC 1.56 0.04 2.30%
Evolution Mining Ltd EVN 3.73 0.22 -5.57%
Pilbara Minerals Ltd PLS 4.18 0.12 2.96%
The Star Entertainment Group Ltd SGR 0.44 0.03 6.10%