June 2022 Newsletter

June 2022 Newsletter | The Fund Factsheet for May 2022 can be found here. Market dislocation continued during the month as rising inflation, rising interest rates, soaring energy prices and geopolitical risks dominated headlines and negatively impacted stockmarkets, with mid and small capitalisation companies falling the most. During these times of heightened negative investor sentiment, we believe it is important to focus on companies within the portfolio, retest investment theses where necessary and stay true to our process of selecting and owning what we believe to be market leading businesses that generate strong cashflows and deliver earnings growth over time. We will revisit this in more detail next month in our quarterly newsletter.