The Alpha Plus Fund delivered a strong result, rising 4.01% and outperforming the ASX200 Accumulation Index, which rose 3.10% by 91bps. This brings our YTD return to 6.90%, marking a very strong start to the financial year. The August reporting season was the most volatile on record, demanding agility and disciplined risk management. Despite some stock-specific disappointments, our conviction-led approach and robust fundamentals helped us navigate the turbulence effectively. While stocks jumped all over the place, the broad conclusions form the reporting season were not far from our expectations when you are in a rate cut cycle and economic growth is bouncing at trough levels. We stay positive and positioned to take advantage of lower rates, a stronger consumer and improving macro conditions.
