Glennon Small Companies Ltd (AU:GC1) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Glennon Small Companies Ltd reported a slight outperformance in June 2024, with a -0.26% return compared to the benchmark’s -1.39%, although the portfolio underperformed over the 12-month period with a 7.7% return. The portfolio’s bias towards under-researched micro and nano cap companies has negatively impacted its performance amid a challenging investment environment. Key contributors to the portfolio’s performance included Pro Medicus, Superloop, and Hub24, while Sandfire Resources and Metgasco were the main detractors.
For further insights into AU:GC1 stock, check out TipRanks’ Stock Analysis page.