Glennon Small Companies Outperforms Market Benchmark

Glennon Small Companies Ltd (AU:GC1) has released an update.

Glennon Small Companies Ltd reported a strong performance in September 2024, with a portfolio return of 6.84%, outperforming the S&P/ASX Small Ordinaries Accumulation Index by 1.78%. Key contributors to this success included significant gains from Sandfire Resources, Pro Medicus, and Lovisa, bolstered by positive developments such as promising drilling results from Sandfire’s joint venture in Portugal. The company also highlighted its strategic reduction in micro and nano-cap exposure and continued investment through convertible debt funding, illustrating a proactive approach to portfolio management.

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