Cadence Opportunities Fund Outperforms Index and Announces Dividend

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

Cadence Opportunities Fund Ltd. reported that it outperformed the All Ordinaries Accumulation Index by 1.7% in February, despite a 2.3% decline in the fund’s value. Key contributors to this performance included Robex Resources and Evolution Mining, while Block Inc and Regal Partners were among the detractors. The fund highlighted significant developments such as Robex Resources’ agreement with the Mali government and Evolution Mining’s strong financial results. Additionally, Cadence announced a fully franked interim dividend of 6.5 cents per share, with a dividend reinvestment plan available to shareholders.

More about Cadence Opportunities Fund Ltd.

YTD Price Performance: 2.13%

Average Trading Volume: 17,145

Technical Sentiment Consensus Rating: Hold

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