ACORN CAPITAL INVESTMENT FUND LIMITED ersonal use only
ACORN CAPITAL INVESTMENT FUND LTD
INVESTOR UPDATE - JUNE 2022
ASX: ACQ
QUARTERLY UPDATE
JUNE 2022
DISCLAIMER AND IMPORTANT INFORMATION
onlyIMPORTANT NOTICE AND DISCLAIMER
This presentation has been prepared by Acorn Capital Investment Fund Limited ACN 167 595 897 (ACQ). The information in this presentation is only intended for Australian residents. The purpose of this presentation is to provide information only and the contents of the presentation does not purport to provide investment advice. We strongly suggest that investors consult a financial adviser prior to making any investment decision. The presentation does not take into account the investment
bjectives, financial situation or particular needs of any person and should not be used as the basis for making investment, financial or other decisions. The information is
selective and may not be complete or accurate for your particular purposes and should not be construed as a recommendation to invest in any particular investment or security, or fund/company offered by ACQ or Acorn Capital Limited (Acorn Capital).
useThe information provided in the presentation is given in good faith and is believed to be accurate at the time of compilation. Neither Acorn Capital, ACQ, nor its directors or mployees make any representation or warranty as to the accuracy, reliability, timeliness or completeness of the information.
To the extent permissible by law, Acorn Capital, ACQ and its respective officers, employees agents and advisers give no warranty, representation or guarantee as to the accuracy, completeness or reliability of the information contained in this presentation. Further neither ACQ nor Acorn Capital, or its respective officers, employees, agents and advisors accept, to the extent permitted by law, responsibility for any loss, claim, damages, costs or expenses arising out of or in connection with the information contained in this presentation. Any recipients of this presentation should independently satisfy themselves as to the accuracy of all information contained herein.
Page 15 - The rating issued 09/2021 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been
prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and ersonalseek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not
indic tive of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2022 Lonsec. All rights reserved.
2
QUARTERLY UPDATE
JUNE 2022
Key Messages | ||||
only | ||||
June quarter 2022 was another 'Bear Market' - 4th largest decline in | ||||
small/microcap sector in over 40 years | ||||
use | Safe and experienced set of hands needed during these conditions - ACQ | |||
is managed by Acorn Capital team comprised of 10 highly experienced | ||||
investors with an average of 15+ years industry experience | ||||
Timing markets is difficult; however, history shows the bounce in | ||||
ersonal | small/microcap sector is swift and with high magnitude | |||
ACQ's performance, both NTA return, and Share Price return is market | ||||
leading - ranked #1 for the Australian Share Focused LICs over 5 years for | ||||
both measures1 | ||||
1. Independent Investment Research - LMI Monthly Update, published 30 June 2022. Performance data to 31 May 2022 | ||||
3 | ||||
Acorn Capital Limited • www.acorncapital.com.au • info@acorncapital.com.au |
ersonal use only
SECTOR OBSERVATIONS
ASX: ACQ
QUARTERLY UPDATE
JUNE 2022
The first half of 2022 saw a significant market correction in
the ex-ASX250/Microcaps index with a decline of 26.5% | |||||||||||||||
only | Acorn Capital / SIRCA Microcap Index (Dec 1973 - Jun 2022) | ||||||||||||||
18,000 | Rising | ||||||||||||||
16,000 | |||||||||||||||
14,000 | Interest | ||||||||||||||
Rates/ | |||||||||||||||
12,000 | Ukraine | ||||||||||||||
100 | |||||||||||||||
10,000 | |||||||||||||||
= | |||||||||||||||
1994 | Financial | ||||||||||||||
useIndex | |||||||||||||||
8,000 | Asian | ||||||||||||||
ersonal | 6,000 | 1987 Crash | Bond | Crisis | |||||||||||
Crisis | 99-Dec | 03-Dec01-Dec | 11-Dec09-Dec07-Dec05-Dec | 13-Dec | 15-Dec | 17-Dec | 19-Dec | 21-Dec | |||||||
4,000 | COVID | -19 | |||||||||||||
OPEC Oil Shocks | |||||||||||||||
2,000 | |||||||||||||||
Dot-Com | GFC | ||||||||||||||
- | |||||||||||||||
73-Dec | 75-Dec | 89-Dec87-Dec85-Dec83-Dec81-Dec79-Dec77-Dec | 93-Dec91-Dec | 97-Dec95-Dec | |||||||||||
5 | |||||||||||||||
Acorn Capital Limited • www.acorncapital.com.au • info@acorncapital.com.au |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Acorn Capital Investment Fund Ltd. published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 00:18:00 UTC.
