The Alpha Plus fund delivered a 2.79% return in July, outperforming the ASX200 Accumulation Index, which rose 2.36%, resulting in 43bps of outperformance. This marks a robust start to FY26, with the fund benefiting from strategic sector rotation and solid macro tailwinds. The fund capitalised on renewed investor interest in sectors like consumer discretionary and industrials, which are sensitive to domestic economic conditions. Firmer commodity prices and signs of policy easing in China supported a rebound in resource stocks, contributing positively to the portfolio.
