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CFS FC W Pen- Drummond Dynamic Plus

AIL2670AU

CFS FC W Pen- Drummond Dynamic Plus AIL2670AU Strategy

The option is a dynamically managed, global multi-asset strategy that seeks to provide investors with an attractive return by capturing equity beta combined with Drummond’s proven tactical asset allocation process across liquid markets such as equities, bonds, credit and alternatives. Typically, will be diversified across asset classes, seeking diversified sources of return and reducing drawdown risk. May also hedge a portion of currency exposure and may use derivatives.
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

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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.
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Listed Investment Companies monthly performance: February 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).

Markets

Index
Last price
Change
% Change
All Ordinaries 7,873.60 11.30 0.14%
CAC 40 7,932.61 112.50 -1.40%
DAX 40 17,766.23 260.35 -1.44%
Dow JONES (US) 37,798.97 63.86 0.17%
FTSE 100 7,820.36 145.17 -1.82%
HKSE 16,187.91 61.06 -0.38%
NASDAQ 15,865.25 19.77 -0.12%
Nikkei 225 38,289.89 181.31 -0.47%
NZX 50 Index 11,875.35 70.51 0.60%
S&P 500 5,051.41 10.41 -0.21%
S&P/ASX 200 7,617.20 4.70 0.06%
SSE Composite Index 3,036.55 29.48 0.98%

Market Movers

Name
Last price
Change
% Change
The Star Entertainment Group Ltd SGR 0.42 0.00 0.60%
Zip Co Ltd ZIP 1.18 0.01 -0.63%
Renascor Resources Ltd RNU 0.11 0.03 32.53%
Strickland Metals Ltd STK 0.13 0.01 8.33%
Imugene Ltd IMU 0.08 0.00 0.00%
Sayona Mining Ltd SYA 0.04 0.00 1.43%
Droneshield Ltd DRO 1.10 0.15 15.87%
Evolution Mining Ltd EVN 4.17 0.30 7.62%
Red 5 Ltd RED 0.43 0.01 1.18%
Telstra Group Ltd TLS 3.68 0.00 0.00%