Investing for income with LMI's - ASX podcast [audio]http://www.asx.com.au/resources/podcast/library/lmi_070717.mp3[/audio] Have a listen from 58minutes Long/short listed equity strategy, absolute return High income fundamental bottom up and technical analysis Director is largest shareholder Cadence Capital 70% core fundamental portfolio 25-30% trading 15-20% cash technical analysis - intersting description - different to navra they dont catch falling knives, Fund 49% return for year, market 30% but they have done it with 20% cash No debt Run short positions for protection Pretax NTA 1.41 1% management, 20% performance above index current price 1.20 What do you all think Similar to navra protected downside risk outperforming
I was impressed they interview key managment of many companies and their competitors to determine key fundamental ratios