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CFS Developing Companies

FSF0035AU

CFS Developing Companies FSF0035AU Strategy

The manager’s growth approach is based on the belief that, over the medium-to-long term, share prices are driven by growth in a company’s earnings, despite the existence of sentiment that can lead to short-term price volatility. The strategy is to invest in Australian companies with a market capitalisation or free float of generally less than $500 million at the time of initial investment, with strong balance sheets, whose earnings are expected to grow at a greater rate than the Australian economy. The fund does not hedge currency risk.
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.

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,365.00 21.70 -0.29%
CAC 40 7,435.99 49.00 0.66%
DAX 40 16,656.44 123.33 0.75%
Dow JONES (US) 36,054.43 70.13 -0.19%
FTSE 100 7,515.38 25.54 0.34%
HKSE 16,231.71 231.55 -1.41%
NASDAQ 14,146.71 83.20 -0.58%
Nikkei 225 32,899.94 545.96 -1.63%
NZX 50 Index 11,450.08 13.41 -0.12%
S&P 500 4,549.34 17.84 -0.39%
S&P/ASX 200 7,154.80 23.60 -0.33%
SSE Composite Index 2,962.37 6.56 -0.22%

Market Movers

Name
Last price
Change
% Change
Pilbara Minerals Ltd PLS 3.49 0.08 2.20%
Telstra Group Ltd TLS 3.84 0.01 -0.26%
Evolution Mining Ltd EVN 3.60 0.00 0.00%
Scentre Group SCG 2.79 0.02 -0.54%
Santos Ltd STO 6.62 0.17 -2.43%
Qantas Airways Ltd QAN 5.54 0.03 0.54%
South32 Ltd S32 3.11 0.01 -0.32%
Insurance Australia Group Ltd IAG 5.93 0.09 -1.41%
Northern Star Resources Ltd NST 12.48 0.03 -0.24%
Woodside Energy Group Ltd WDS 29.26 0.58 -1.94%