Cadence Opportunities Fund Outperforms with Strong August Returns and Dividend Announcement

Cadence Opportunities Fund Ltd. ( (AU:CDO) ) has shared an announcement.

Cadence Opportunities Fund Ltd. reported a gross performance of +6.4% in August 2025, significantly outperforming the All Ordinaries Accumulation Index. The fund’s success was largely driven by investments in gold mining companies, which benefited from rising gold prices. Equinox Gold and New Gold were standout performers, with notable share price increases due to operational successes and favorable market conditions. The company also announced a fully franked final dividend of 7.0 cents per share, contributing to a full-year dividend yield of 7.8% based on the share price at the time of the announcement. Despite the dividend payout, the company maintains a reserve for future dividends and continues to operate a dividend reinvestment plan to encourage shareholder participation. Cadence Opportunities Fund is actively buying back shares at a discount to its Net Tangible Assets (NTA), reflecting its strategic approach to enhance shareholder value.

More about Cadence Opportunities Fund Ltd.

Average Trading Volume: 15,940

Technical Sentiment Signal: Buy

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