Northstar BCI Managed Fund: Q3 2024 Commentary

The Northstar BCI Managed Fund remains constructively positioned for continued strength in equity markets, underpinned by the intrinsic value discounts reflected in both our global and local equity buy lists. Although local bonds have rallied significantly since the June 2024 elections, yields are trading at fair value, with attractive prospective returns when factoring in a further 100bps of central bank rate cuts. Watch this video for more on the performance and positioning of the fund over the past quarter.